ARRI, the company best known for its high-end, big rig Alexa camera, has released a new cinema camera to round out the line.

Lightweight and compact, the Alexa Mini packs the same punch as its much larger sibling thanks to clever engineering and a rugged body constructed from carbon, with a titanium PL lens mount and records up to 4K.

The camera body, with titanium PL lens mount measures 7.3 x 4.9 x 5.5 inches and weighs about five pounds and easily fits into camera bags and backpacks for convenience when traveling.

Thanks to its small size and weight, as well as its design, the Alexa Mini is not landlocked. With a built-in Wi-Fi interface and remote control from phones, tablets and laptops, integrated lens motor control and motorized ND filters, it’s easy to send it soaring on a multicopter. And, with its great low light performance, the Mini is ideal for underwater shooting. (Gates Underwater Housings has developed a special housing for the Alexa Mini, complete with user-assignable functions such as white balance and peaking.)

The Alexa Mini can record ProRes or uncompressed ARRIRAW in-camera to CFast 2.0 cards, or a specially designed external Codel recorder. In fact, there are options to record up to 360fps of unimpressed ARRIRAW from multiple Alexa Minis at the same time.

Broad dynamic range, excellent image quality and a host of other features make this the perfect complement to the larger Alexa system or a solid option on its own.

Priced from between $30,000-$40,000, this camera is for serious cinematographers with a hefty budget. But we’re sure it will be available for rent if you need a high end but portable cinema camera for a special project. And, if the Alexa Mini is a little intimidating, no worries. We’re preparing a roundup of more approachable and affordable video options for the May Filmmaking issue of Rangefinder.