The Osmo Pocket is a gimbal which allows shooting smooth and crystal clear video and features so really impressive features including face tracking, timelapse and panorama.
It's also small enough to carry around with you in your pocket or bag.
As for the price, it's quite competitive at $599 in Australia. Considering what you're getting for the price.
You can find out more info on the official site here, with shipping starting December 15th.