Image of Hyperlapse Logo From Instagram Instagram announced today:

… Hyperlapse from Instagram, a new app to capture high-quality time lapse videos even while in motion.

Traditionally, time lapse videos depend on holding your phone or camera still while you film. Hyperlapse from Instagram features built-in stabilization technology that lets you create moving, handheld time lapses that result in a cinematic look, quality and feela feat that has previously only been possible with expensive equipment….

You can get the free Instagram Hyperlapse app (only iOS available) from the Itunes store.