Video and GPS sync

I am wanting live HD video feed with associated GPS data back to my GCS for a project.

I understand that there will be a lag with the video and that is not a problem but I want to be able to sync the two streams realtime. Has anyone done this or have ideas?

Royce,

You might wanna check out Full motion Video add-in for arc GIS by ESRI. Not sure if you can do this live, as it does the processing after the flight.

Best,
Nihal