Are you looking for fast glass on a budget? If so, Meike’s new 50mm F1.2 might satiate your needs without burning a hole in your wallet.

The ultra-fast lens will come in Canon EF, Canon RF, Nikon Z and Sony E mount when it ships mid-August. The lens is constructed of 12 elements in 7 groups, including an undisclosed number of multi-coated elements. It features an aperture range of F1.2-F22, has a minimum focusing distance of 60cm (24”) and uses a 67mm front filter thread.

The manual-focus lens measures in at 72mm (2.83”) long and weighs 620g (1.37lbs). For comparison, Canon’s RF 50mm F1.2 weighs 950g (2.09lbs). Below is a video overview of the lens from Arthur R:

The Meike 50mm F1.2 lens is currently available to pre-order for Canon EF, Canon RF, Nikon Z and Sony E mount camera systems for $350. The first units are expected to start shipping on August 15.