The Nikon 1 AW1 is a mirrorless interchangeable lens compact digital camera that is as rugged as they come. To go along with it, Nikon also announced two rugged and waterproof versions of existing lenses: the 11-27.5mm f/3.5-5.6 and the 10mm f/2.8.
For just under a $1,000 you get the Nikon 1 AW1 compact system camera with 11–27.5mm and 10mm lenses.