Rotolight’s NEO 2 may be used on or off camera like a typical speed light, but this new tool is anything but typical. The NEO 2 can pull double duty as a strobe or continuous LED light.

Thanks to a partnership with Elinchrom, Rotolight has integrated Elinchrom’s Skyport 2.4GHz radio into the NEO 2, enabling high-speed sync functionality (up to 1/8000 sec.) and the ability to control up to ten lights in four groups. A special Rotolight transmitter will be sold for Canon, Nikon, Sony, Olympus and Panasonic cameras. A Fuji remote is also in the works, the company said.

When used as a strobe, the NEO 2 has no recycling time and no loss of flash power even when shooting long, uninterrupted bursts of flashes, the company claims. It’s capable of delivering 85,000 full-power flashes off of six rechargeable AA batteries. While there’s no precise equivalency to a traditional speed light output (which is measured in W/s) and the NEO 2’s LED output (measured in lux), photographer and Sony Artisan Jason Lanier tells Rotolight that the NEO 2 produces about as much light as a 200W/s speed light.

The NEO 2’s color temperature is adjustable in both flash and continuous mode from 3,150-6,300K. The light has a CRI of 96 and an output of 2,000 lux at three feet.

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Beyond its flash capabilities, the NEO 2 can create lighting effects such as fire, lightning, TV, gunshot, paparazzi and more. There’s also a fade mode and True Aperture Dimming technology to display the appropriate f-stop at a given distance to your subject.

The NEO 2 kit includes a belt pouch, accessory shoe, power supply and four-piece filter pack including diffusion, skin tone and magenta. It’s due in October and will retail for $399.