We conducted high-frame-rate (HFR) video mosaicing for real-time synthesis of a panoramic image by implementing an improved feature-based video mosaicing algorithm on a field-programmable gate array (FPGA)-based high-speed vision platform. In the implementation of the mosaicing algorithm, feature point extraction was accelerated by implementing a parallel processing circuit module for Harris corner detection in the FPGA on the high-speed vision platform. Feature point correspondence matching can be executed for hundreds of selected feature points in the current frame by searching those in the previous frame in their neighbor ranges, assuming that frame-to-frame image displacement becomes considerably smaller in HFR vision. The system we developed can mosaic 512×512 images at 500 fps as a single synthesized image in real time by stitching the images based on their estimated frame-to-frame changes in displacement and orientation. The results of an experiment conducted, in which an outdoor scene was captured using a hand-held camera-head that was quickly moved by hand, verify the performance of our system.