Panasonic has announced the Lumix DC-S5, a new hybrid full-frame mirrorless camera that achieves both excellent performances in photo/video and stunning mobility for serious photographers and videographers.

A lot of the core features of the Panasonic S5 are similar to the siblings S1: it has a 24MP BSI CMOS sensor which has a standard ISO range of 100-51,200, a 5-axis image stabilizer can reduce shake by up to 6.5 stops when paired with a compatible lens, and the sensor-shift system allows for the creation of 96MP high-res image.

Design-wise, the S5 is considerably more compact than the other S-series models, and despite the huge difference in sensor size is a bit smaller and lighter than the GH5. Panasonic says, however, that a new camera in the GH line is also in development.
It has a magnesium alloy chassis and is sealed against dust and moisture. Its fully articulating touchscreen has 1.84M dots, while its electronic viewfinder has 2.36M dots. The camera has dual SD card slots, though only one supports UHS-II speeds. Dual-band Wi-Fi and Bluetooth are available for transferring images to your smartphone.

In terms of low-light shooting, the Lumix S5 features Dual Native ISO for cleaner performance at high ISO when shooting either stills or video. The S5 offers ISO of up to 51,200 when shooting photos. Although still being contrast-based, Panasonic did extensive work trying to enhance the functionality of the autofocus in this camera, with less wobble when focusing and faster and with a new head detection function.

When shooting video, the S5 has a lot on offer with even more to come via firmware update. The camera can handle 4K/60fps footage at 4:2:0 10-bit with an APS-C crop or 4K/30fps at 4:2:2 10-bit internal recording using the full sensor width with options for HDR and V-Log/V-Gamut capture. If you use an external recorder on it, you can output 4K/60p 10-bit 4:2:2 footage over HDMI no problem.
Panasonic claims its 14-plus stops of dynamic range are virtually the same as the company’s Varicam cinema cameras.
The S5 has anamorphic and Slow&Quick modes. Headphone and mic sockets are onboard, and the camera supports the company’s XLR adapter. A firmware update later this year will add DCI Cinema 4K, Raw video output when using an Atomos Ninja V, vectorscope display, and more.

The Lumix DC-S5 will be available in mid-September at a price of $1999 for the body and $2299 when kitted with the 20-60mm F3.5-5.6 lens. If you’re in the U.S. and preorder by the end of September, Panasonic will send you a Sigma 45mm F2.8 DG DN lens at no charge.

More info on Panasonic’s website.