21st May 2019 10:49
LONDON (Alliance News) - VR Education Holdings PLC on Tuesday said its Apollo 11 virtual reality experience has been selected by Facebook Inc as a launch title on the Oculus Quest headset.
Shares in VR Education jumped 13% to 9.90 pence in morning trade.
VR Education is an early-stage virtual reality software and technology company, and Apollo 11 VR is its showcase experience. The product recreates the events of the Apollo 11 space flight to the moon. The Apollo 11 VR on the Oculus Quest retails at EUR9.99.
Oculus Quest, which launched globally on Tuesday, is Facebook's new VR headset and retails at EUR399. VR Education described the headset as having "an affordable cost to a large number of consumers without the need for expensive high-end PCs".
"We expect the Oculus Quest to be extremely popular globally and for this platform to quickly become the most used VR device, enticing many new users to jump onboard. As Apollo 11 VR was one of the most popular VR applications when it was released over three years ago it makes complete sense to release an updated version of the application on the Oculus Quest, providing the Apollo 11 showcase experience to people new to VR. 2019 is also the 50th anniversary of the moon landing and we expect to see strong demand for this title through the year," said VR Education Chief Executive David Whelan.
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