Late last year, Nikon told us that the D5 was in development. That’s it. They didn’t have any details for us at the time but like the teaser before the release of a movie trailer, they just wanted us to know that it exists…at least on paper.

Today at CES, Nikon revealed the D5 for the first time along with the D500, their newest flagship DX-camera, and their first foray into the action camera market with the KeyMission 360.

Nikon D5

The rumors have been floating around for awhile but today Nikon confirmed that the D5 would have a 20.8MP CMOS sensor, 153-point autofocus, 4K UHD video and a low-light ISO range that goes all the way to a native maximum of ISO 102,400. Expanded ISO goes all the way to ISO 3,280,000. Three million!

Aimed at the pro full-frame shooters that simply can’t miss the shot, the D5 shoots at 12 fps (or 14fps with fixed focus, exposure and mirror lockup) and has an extended buffer capable of 200 frames of 14-bit RAW, ideal for sports or wildlife photographers where decisive moments only happen once.

The D5 is also the first Nikon DSLR capable of 4K video (UHD 3840×2160 at 30p) so high-speed storage is required. There will be two versions of the D5: one with dual compact flash slots and, more interestingly, one with dual XQD card slots. For a more in-depth overview, check out this video from Nikon Professional Services:

We expect the D5 to be here in March with a body-only manufacturer’s suggested retail price of $8,499.95.

Also available in March will be the new SB-5000 AF Speedlight (MSRP: $769.95) and WT-6A Wireless Transmitter (MSRP: TBA).

Nikon D500

While the D5 was expected and inevitable, the D500 announcement was a bit more of a surprise. The D300S it replaces is nearly 7 years old since there was no DX “companion” to the FX-sensor D4.

The new DX flagship camera features an all new 20.9MP sensor and shares the D5’s 153-point autofocus system and 4k UHD video recording. ISO range goes from ISO 100 to 51,200, expandable to ISO 1,640,000.

Burst mode frames per second tops out at 10 and the buffer supports up to 79 14-bit uncompressed RAW files before they’re written to the XQD and/or SD card. There’s also built-in Wi-Fi and NFC as well as a new Bluetooth ability Nikon calls SnapBridge, which is a low-power, always-on Bluetooth link that automatically transfers 2-megapixel JPEG copies of your photos from the D500 to most smart devices. You can also send the original 20.9MP file but SnapBridge is more about social sharing than maximum resolution.

Made of lightweight carbon fiber and magnesium alloy, the D500 is ruggedly made and weather sealed as well. Expect the D500 to arrive in March with a body-only MSRP of $2699.95.

Nikon KeyMission 360

With the KeyMission 360, Nikon enters the rather crowded action camera market but they do so with a couple unique weapons in their arsenal. Kodak announced a 4K 360-degree camera back in September but it isn’t widely available and only covers half a sphere (since it only has one lens, you need two of them to cover a full sphere).

The KeyMission 360 records spherical, 360-degree video in 4K UHD resolution. It’s waterproof without a case up to 30m/100ft and is dust, shock and cold-resistant. If it’s as robust as one of our favorite all-weather cameras, the Nikon AW130, then Nikon may have a winner on their hands. As we’ve seen with the Ricoh Theta, 360 video is really cool but stretches 1080p worth of resolution across an entire spherical plane instead of just a 16:9 box. Ricoh came out with the Theta S late last year, which improves on the concept with 4K resolution but lacks the all-weather capabilities of the KeyMission 360.

We’re quite excited to see what the KeyMission 360 is capable of but these few details are all we know at the moment. We’ll update with pricing and availability news when it becomes available.