SoftPro, the company that develops virtual reality systems for Apple, Microsoft and Sony, has been awarded a $6.5 million contract to develop and commercialize a virtual reality system.
SoftPro CEO Paul Eppolito said the company plans to offer a full-featured VR system, with both a high-end and low-end version, as well as a wide range of software, including a head-mounted display, head-tracking, and a camera that captures video of objects.
The contract, worth $3.9 million, is to be awarded to a SoftPro-owned company and is expected to be complete in 2022.
Eppolos’ firm is also working with Microsoft to commercialize its next-generation virtual reality headset, called Microsoft HoloLens, which will be the first consumer-grade VR system to hit the market.
Microsoft is developing HoloLens in partnership with Google, with Microsoft chief architect John Carmack working on the hardware and software.
Epolos told The Associated Press that the company will focus on delivering the system in an open and transparent manner.
“The company will continue to invest in the development of new technologies to bring augmented reality and VR to the world,” he said.