Oculus Founder Palmer Luckey Forms a New VR Company

One of the main players in the birth of modern VR, Palmer Luckey, has revealed that following his departure from Oculus, a company he founded, he has formed yet another virtual-reality company.

on September 26, 2017 2:18 AM

Oculus VR founder and designer of the Oculus Rift, Palmer Luckey, has revealed that he is still in the virtual reality business, forming a new company within it.

Luckey, who left Oculus back on March 31 of this year, revealed the news at Tokyo Game Show, though declined to divulge the company’s name nor what it is working on beyond something virtual-reality related.

The American entrepreneur specifically said the following:

“I can’t talk about my projects too much yet. But I’m still working in the virtual reality industry on some very exciting things.”

During his appearance on the HTC Vive stage, Luckey added that people should not think of him as an “Oculus person,” but rather should see him as simply a “VR person.”

“I’ve always been pretty supportive of all VR companies, said Luckey.” “Right when Sony announced PlayStation VR I did the same thing. I was so excited to see other companies really entering the marketplace and seriously investing in it, and funding developers and funding awareness and getting hardware out there.”

Luckey continued by pointing out that there is now all different kinds of companies getting involved in the nascent space, which is a good thing.

“It’s a small market now so all the companies should work together to grow the market and then they can all kill each other and stab each other once there’s more money to be made,” said Luckey. ” It’s like a civilization; you can’t have wars until you have multiple countries”

Luckey has not disclosed when further information on his new company will be revealed.

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Tyler Fischer is the Assignments Editor and News Editor at DualShockers. He specializes in writing breaking news, managing assignments, and organization. Born and raised in New York, Tyler studies journalism and public relations at SUNY New Paltz. In his free time he enjoys playing and watching soccer, getting lost in game lore, and writing comedy scripts.