Were I a cynic, I might suggest that the timing of the arrival of an Insta360-branded mic from a company which had previously been content to list compatibility with the DJI Mic 2 as a feature might corroborate some rumors that DJI was planning on releasing their own 360-degree camera.
Motivations aside, this is a 24-bit wireless microphone which is designed to pair with Insta360's flagship X5 360-degree camera and Ace Pro 2 action camera, and can also work with a phone over USB-C (but not Lightning – sorry older iPhones), nor any other connection types. In other words, it does the main jobs most people need, but it's not as flexible as certain other mics. Then again, it probably doesn't need to be.
