Insta360 is challenging the dominance of DJI in the stabilized pocket camera market with the release of the Luna Ultra, a compact camera designed in collaboration with Leica. Known for its 360° cameras and action cameras, Insta360 has now entered the mini-stabilized gimbal camera segment with a product that features a dual lens, a detachable OLED screen that also functions as a remote control, and advanced technical specifications. The Luna Ultra is positioned as a direct competitor to DJI's Osmo Pocket 4P, offering a unique blend of features that could reshape how users frame and control their shots. The Luna Ultra is equipped with a dual optical module featuring a main 1-inch sensor with a 20 mm (equivalent full-frame) f/1.8 lens, paired with a 60 mm f/2 telephoto lens on a 1/1.3-inch sensor. A standout feature is its 2-inch touch-sensitive OLED screen, which can be detached from the camera body to act as a remote control with a range of about twenty meters. This capability allows users to frame shots from a distance, a first in the pocket camera segment. The camera is powered by a triple chip, including an AI processor etched in 4 nm, supporting stabilization, subject tracking, focus, and low-light processing. It is available in two colors—cosmic black and stellar white—and comes in several configurations, with the creator pack including a magnetic wide-angle lens, an extended handle with an additional battery, and a wireless microphone with an e-ink display. In terms of design, the Luna Ultra is slightly longer and thicker than the DJI Pocket 4P, but it remains maneuverable and includes a mini-handle that improves grip and adds a standard 1/4-inch threaded mount. The detachable screen is a key differentiator, offering remote control functionality without the need for extra accessories. However, the screen's resolution can be limiting for precise framing, and repeated detachment may eventually weaken the connector. The camera's Leica-designed lenses offer a 6x optical zoom, with AI-assisted zoom up to 15x, though image quality degrades beyond 6x. The telephoto lens, in particular, performs well in capturing sharp images. The Luna Ultra excels in video capabilities, offering up to 8K at 30 frames per second, 4K at 120 frames per second for slow motion, and Full HD at 240 frames per second. It supports advanced features like Dolby Vision, I-Log 10-bit profiles, and the ACES colorimetric standard. However, it lacks official waterproof certification, making it less suitable for harsh environments. While the autofocus struggles with small subjects and during zoom transitions, the subject tracking, named Deep Track 5.0, performs reliably. The camera's audio capabilities are decent but benefit from the optional Mic Pro microphone in the creator pack, which captures cleaner sound than the built-in microphones. The Luna Ultra is a strong contender in the stabilized pocket camera segment, offering a unique blend of features and performance. While it has some drawbacks, such as limited waterproofing and a slightly insufficient battery life for the detachable screen, it is a compelling option for content creators seeking a compact, high-performance camera. Compared to the DJI Osmo Pocket 4P, the Luna Ultra stands out with its detachable screen and advanced software ecosystem, though DJI maintains an edge in specific features like moving time-lapse mode and firmware maturity.