Meta Aims To Release Four More VR Headsets by 2024

According to The Information, Facebook's parent company, Meta, aims to sell four more virtual reality headsets between now and 2024, citing an internal business road map. The first will be Meta's future high-end virtual reality headset, Project Cambria, which is expected to be introduced in September. The headset will cost roughly $799, however, a Meta spokeswoman stated that Cambria will be "much" more expensive, but did not provide particular pricing. Meta also intends to release a sequel to Cambria in 2024, code-named Funston.

Meta is developing two additional versions of its lower-cost Quest headsets for release in 2023 and 2024, in addition to the two high-end headsets. The Meta Quest 2, formerly known as the Oculus Quest 2, is currently available for $299.

Virtual reality headsets are poised to play a crucial role in Meta's drive into the metaverse, or virtual worlds where people may work, play, and socialize. Meta will open its first retail store later this month to showcase its virtual reality headsets and other products, demonstrating how serious the tech giant is about developing consumer gear to compete with its competitors. Sony, Apple, and potentially others are anticipated to release new VR and mixed reality headsets this year.

Meta expects to produce AR glasses by 2024, with more advanced versions following in 2026 and 2028, in addition to the alleged new VR headsets.