HumanEyes opened preorders for Vuze, a point-and-shoot camera that can capture VR footage at a surprisingly affordable price.

Paying $799 for a camera might not meet what most people imagine when saying "affordable," but the price is fair when looking at the offer from the competition on the VR field.

A Nokia Ozo asks you to shell out $60,000, while Facebook's proposal for a VR camera costs half as much.

In charge of building Vuze was HumanEyes, a company from Israel with the know-how in image processing.

The flat, square head of the device sports eight cameras that work in pairs. Stiching the video footage of the four pairs of cameras results in a 360-degree virtual reality video that is being shot and rendered in 4K resolution.

There are two main selling points to the camera. First, it comes with a point-and-shoot interface which caters to an audience who does not want to spend a whole afternoon setting up the device. Second, it offers high-end technology for a very competitive price.

Shahar Bin-Nu, CEO of Vuze, explains that the VR camera is the best choice for both experts and novices. By using the camera's software, users can do some fine editing and stitching. This will provide an extra layer of quality to amateur-level VR clips.

Customers who get their hands on the camera also receive a self-stick/tripod, a case and Vuze Studio, the latter being the proprietary software in charge of stitching the video pieces together. Studio comes equipped with filters and editing capabilities, helping users achieve a well-rounded result from their raw footage.

Vuze VR Camera can be preordered starting today, and it sells for $799. VR enthusiasts can expect to receive the device in October 2015.

The VR camera maker says that the device is appealing to both the consumer and the professional sector. One reason is that Vuze packs eight sensors, while most similar gadgets use only two.

"We are giving prosumers 3D VR capabilities without the need for Hollywood knowhow or budgets," Bin-Nu says.

Rumors about an affordable VR camera surfaced at the start of the year, and we are happy to see it happening.

Check out the video below to see for yourself how the VR camera's capture looks like.

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