I’ve already reported on the publication of Nikon’s patent application for a Nikon 1 Nikkor 70-300mm zoom lens back in November 2013. As it seems, Peter from Nikon Rumors has received additional info on the lens. According to his sources, the super-telephoto zoom will feature a collapsible design (like most 1 Nikkor zooms) and an advanced optical formula consisting of many exotic glass types, much like the patent linked above describes (6 ED and 3 fluorite elements). No other 70-300 has this many ED and flurite elements, indicating that the Nikon 1 70-300mm will have unusually high performance straight from maximum aperture.
The N1 70-300mm is expected to be announced this month, alongside the Nikon V3 and 10-30mm PD (power zoom) optimized for video.
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