Nokia introduced a virtual-reality camera called Ozo late Tuesday, aiming to become the first company to actually sell a professional camera capable of capturing 3D VR video.

Ozo comes with eight lenses for full 360-degree video capture, and also features eight integrated microphones for spatial audio recording. The camera is part of a full-blown production solution, allowing filmmakers to review footage in real-time and export video that has been properly stitched together with little delay.

Nokia didn’t share a price point for the camera yet, but one shouldn’t expect it to be cheap — company representatives told reporters at a press event in Los Angeles that it may come with a five-figure price tag. Ozo is supposed to go on sale later this year, and Nokia has promised to release additional details in the coming months.

Nokia isn’t the only company looking to build a VR recording solution: Samsung teased such a camera at its developer conference last year, but has released  no new information about the project since. Google announced a relatively low-cost system consisting of 16 GoPro cameras at its own developer conference this year, and job ads suggest that the search company may even be building a full-blown VR camera system.

Jaunt and a number of other VR companies are also looking to build cameras, often as a means to boost their own production facilities. And GoPro, better known for its cheap action cams, may be building a dedicated VR camera as well.

In the end, there may be more than one winner: Some of these companies may build more affordable rigs for YouTubers looking to explore VR, while others prepare themselves for Hollywood to spend big bucks. With Ozo, Nokia is clearly betting on the latter.