I have a GoPro Fusion 360 camera. It records location and direction and accelerometer readings for every frame. From that it does the stabilisation in software in the ipad or desktop app. Depending on the platform you can stabilise on a subject, a point of view, or anything else you want.
I really like the different perspective caused by the tumbling paraglider looming into the image, and the looping kiteboarder spiralling away from the camera.
This is a video of me with the image stabilised in a specific direction.