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Text recognition from a live video imput?

Hello, i want to know, is there any way to recognize text from a live video input ?

I would like to do this http://www.psykokwak.com/blog/index.php/2011/12/21/62-ofpv-remzibi-osd-recognizer-for-telemetry-logger-antenna-tracking

with vvvv to have a realtime track of my FPV plane over a map,

any ideas?

https://code.google.com/p/tesseract-ocr/

Nice one io !!!
it works like a charm

c:\Program Files (x86)\Tesseract-OCR>tesseract.exe 2.jpg a.txt

it writes the text on the .txt file

i will need to script a writefile loop and a reader of the txt file and i will see how fast can i make it work, but with 2fps will be enough!

i will post the result here latter

well i need to clean it up a little bit, but it works

the original video that i used

ocr.zip (266.9 kB)