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On Tuesday, Andy Rubin unveiled the first smartphone from Essential, his new company, after months of teasing.

As mentioned, much of the details about the new Essential Phone are already available, with the company providing a breakdown of some of the handset's features on its website. Also available later will be a docking station with magnetic connection, in which the phone lies to charge wirelessly. The display is also covered with the Gorilla Glass 5. It also doesn't include any branding. The Essential device will be open to third-party developers, Essential said. Instead of using second lens for telephoto or bokeh, it's using it for a monochrome sensor. The Essential smartphone is built by the father of Android, and the device looks absolutely stunning.

It can be outfitted with a $50 360-degree camera accessory - likely for recording content to view back in virtual reality or on social networks - which snaps to the back of the device. The back and front cameras can shoot video at 30fps 4K.

There's a fingerprint scanner on the back as well as a clip-on point for a 360ยบ camera attachment, which is bundled with the phone (by itself it costs $199). Along with the phone, Essential is planning a charging dock and a 360-degree camera you can click onto the top of the phone; call it a semi-modular design, at least for now.

The phone is no slouch when it comes to performance.

Essential Phone is equipped with Qualcomm Snapdragon 835, four gigabytes of RAM and 128 gigabytes of internal memory.

It also supports some but not all Canadian carrier frequencies and bands. No need to wait and search for rumors or more leaks because the Essential Phone is here.

Of course, it's not the only phone to have such as screen and will have to compete with the Galaxy S8 and - if the rumours are correct - the iPhone 8 in September. The device won't feature a 3.5mm headphone jack, and you have to rely on the USB Type-C port. However, the Essential PH-1 is a fairly unique take on an Android handset, and offers the top-shelf design and functionality that could make it a serious contender for professionals and business executives who are looking for a new smartphone. Verizon, T-Mobile, Sprint have all confirmed to the Verge that the Essential Phone can run on their networks, but have indicated that many of its advanced features may not work.