The Ricoh WG-M1 action cam can shoot video at a depth of 10 meters for 1 hour using and underwater lens protector.
The WG-M1 has a 14 megapixel CMOS sensor to capture high resolution images and an f/2.8 ultra-wide angle lens. Just by looking at the Ricoh you can tell that it's rugged and it can take a beating. It's designed to take a drop from 6 feet and withstand sub-freezing temperatures of 14 degrees F.
You can shoot high definition video at 1920 x 1080 video at 30 fps. It uses high quality h.264 compression for it's video.