Since they are using coaxial blade and vectoring via cyclic control, stabilizing the camera on a third axis would be pointless. Worse really, it would be exces

Since they are using coaxial blade and vectoring via cyclic control, stabilizing the camera on a third axis would be pointless. Worse really, it would be excess weight. The coaxial blades are used to rotate the aircraft around that third axis. The flight controller will just adjust the calculations needed to maintain the correct heading and the corect camera direction on the fly. The 2-axis stabilization is 'needed' to compensate for pitch/roll of the aircraft cause by the cyclic control of the blades. I've been pretty critical of UAV kickstarters, but I actually think this one is quite interesting and likely has a bright future.