Q: What about live streaming? What are the formats available for live Streaming?

A:  It all depends on what capture device you are using with the kit.
Since it’s a kit, you can really do anything you want.
Our standard cellular-to-cellular encoding is a VC1 standard.
The Starter Kit and Hero Kit come with a SD 480 to 720p equivalent. 
Catalyst and Eagle Eye Kits come with SD to HD up to 1080p
Technologies: VC1, HTML5, HLS, WebM, Flash Encoder Standards
We have two 4:3 types and two 16:9 types. See chart below: