Nikon announces the development of a new AF-S NIKKOR 500mm f/5.6E PF ED VR lens | Nikon Rumors MELVILLE, NY – Today, Nikon Inc. announces the development of the AF-S NIKKOR 500mm f/5.6E PF ED VR, an FX-format fixed focal length super-telephoto lens, which will offer a compelling combination of portability and performance. The AF-S NIKKOR 500mm f/5.6E PF ED VR will be a high-performance super-telephoto lens that is significantly smaller and lighter than comparable predecessors due to the adoption of the same type of Phase Fresnel (PF) lens element found in the AF-S NIKKOR 300mm f/4E PF ED VR lens, introduced in January 2015. Despite its 500mm focal length, the lens is small and light enough to use hand-held in a wide variety of situations where a photographer must capture unpredictable and fast-moving subjects, including sporting events and wildlife photography. Phase Fresnel Lens Elements The Phase Fresnel (PF) lens element developed by Nikon effectively compensates for chromatic aberration utilizing the photo diffraction phenomenon*. Compared to many general camera lenses that employ an optical system using the photorefractive phenomenon, a remarkably compact and lightweight body can be attained with fewer lens elements. Price and Availability Information regarding the release of the AF-S NIKKOR 500mm f/5.6E PF ED VR lens, including final specifications and pricing, will be announced later this year. For more information on the latest Nikon products, please visit www.nikonusa.com.