Canon has announced a new point-and-shoot compact camera called the PowerShot V1 designed to appeal more to video content creators.

The V1 pairs a wide-angle lens with a new sensor from the company, and it’s the first PowerShot model to introduce “moods” that customize the look and feel of videos, plus a product demo mode that prioritizes autofocus for objects held close to the camera. It also has a built-in cooling fan so it can record at 4K/60p for over two hours without overheating.

The PowerShot V1 was announced ahead of the CP+ photography show taking place in Yokohama, Japan next week. Canon has revealed details on most of the V1’s functionality, but limited details on availability. Canon’s Japan site lists the PowerShot V1 with a 148,500 yen price tag, or around $990. It will launch in Japan, Korea, Honk Kong, China, and Taiwan in late April 2025, but wider availability, including the US, is still to be determined. More details may be announced next week.

The V1’s new Type 1.4 sensor is similar in size to a Micro Four Thirds sensor, but features a 3:2 aspect ratio that’s slightly wider and shorter. The camera can capture 22.3-megapixel still images at up to 15fps with its mechanical shutter, or up to 30fps with its electronic one. When capturing 10-bit video at 4K/30p the entire width of the V1’s sensor is used, but when boosting that to 60p a 1.4x sensor crop is used to reduce processing needs and heat generation.

The new sensor is paired with a 16-50mm equivalent f/2.8-4.5 wide-angle zoom lens and Canon’s Dual Pixel AF II system borrowed from its EOS R6 Mark II. That gives the V1 autofocus features that include subject tracking, image stabilization that helps maintain that subject’s position in frame, and the automatic detection of people, cars, animals, and even pupils.

The V1 doesn’t have an electronic viewfinder, so framing and menu navigation is handled entirely by a three-inch vari-angle LCD touchscreen on the back. But it can be tethered to a smartphone using a Bluetooth, Wi-Fi, or USB-C connection with the Canon Connect app, and it can be used as a USB webcam on a computer without the need for any adapters.

There’s no built-in flash, but Canon includes a multi-function hot shoe for adding third-party solutions. The PowerShot V1 also includes a three-stop ND filter, a headphone and microphone hack, HDMI, and a single SD card slot.