Absolutely yes, it has a built-in engine called "RTSPEngine" for media management, moreover, it can work with other modules in Kamailio like LRKProxy, RTPEngine or RTPProxy.
The main decision to use the internal engine in this module is to avoid having multiple connections to each camera at the same time. Suppose two different agents want to check the specific camera on their phone stations. In this situation, the RTSP module initiates one connection to the camera. After that, the RTP streams come to the RTSPEngine and then will be sent to all agents.
I am looking forward to hearing more ideas.
Thanks