This morning Nikon Canada announced the release of the world’s first waterproof (up to 14.9m) and shockproof (up to 2m) interchangeable lens camera, the Nikon 1 AW1. The camera will feature a 14.2 megapixel CX-format CMOS sensor and a built-in GPS. They are also releasing two waterproof lenses. Products are scheduled to be available in October 2013.

The Nikon 1 AW1 kit with a 11-27.5mm lens will have a Manufacturer’s Suggested Retail Price (MSRP) of $849.95.

The Nikon 1 AW1 two-lens kit with the 11-27.5mm and 10mm lenses will have an MSRP of $1,049.95.

The 1 NIKKOR AW 10mm f/2.8 lens will have an MSRP of $329.95.

Nikon is in the process of developing the SB-N10 Underwater Speedlight to compliment the system.