Sphericam has announced it will refund all contributions received on Kickstarter during its recent crowdfunding campaign to launch its professional 360 camera.
The campaign to support Sphericam 2, which offers 6K video at 60fps and 12K still images and raw support, raised more than $450,000 back in July 2015.
Some two-plus years on, the company has said that difficulty securing contracts for the Sphericam 2’s components have stalled the project, hence the refund.
The company hasn’t said whether it will continue to try and launch the Sphericam 2.
Via 360 Rumors