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DJI has dominated the compact gimbal camera space for years. To the point where the category almost feels tied to the brand itself. But that position might finally be facing some real competition, and a short leaked clip is giving us a better idea of what Insta360 has been working on.

A teaser video that’s been floating around on social media shows what appears to be the Insta360 Luna Ultra. It’s not clear where the footage originally came from, or whether this is part of an official teaser. Still, what’s shown lines up closely with earlier leaks, so it’s hard to ignore.

The biggest takeaway here is the design. The Luna Ultra uses a modular setup with a detachable gimbal head. Unlike the Osmo Pocket 4, which sticks to a single, fixed body, this one splits into two parts. The camera module can be separated from the handle, which then acts as a controller.

That opens up some interesting possibilities. You could mount the camera in tighter or more awkward spots while controlling it from a distance. For creators who shoot in less predictable environments, that kind of flexibility could actually make a difference.

This isn’t coming out of nowhere either. Insta360 already previewed the Luna Ultra at NAB 2026, where it drew a fair bit of attention. The lineup is expected to include two versions, the dual-camera Luna Ultra and the single-camera Luna Pro. Current timelines point to a June 2026 launch, though there are hints it could arrive a bit sooner.

Alongside that, Insta360 is also set to introduce the Insta360 Mic Pro, suggesting a broader push to build out a more complete ecosystem around its cameras.

DJI’s Osmo Pocket 4 is still a very refined product. But if this leak is even partly accurate, Insta360 might be approaching the category from a slightly different angle. And that alone makes things interesting.

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