VR camera satellite to launch into space in 2017

(Creative Commons/Andri Koolme)A child using a Samsung Gear VR headset

It seems like regular people across the globe may soon be able to experience the awe-inspiring views of outer space and see the world in a whole new perspective as the virtual space tourism company, SpaceVR, is now set to launch the world's first virtual reality (VR) camera satellite into orbit in 2017. The company has reportedly already signed a contract with NanoRacks for them to deliver the satellite to the International Space Station (ISS) aboard the SpaceX CRS-12 Mission that is scheduled to launch early next year.

SpaceVR had actually been planning the launch of their satellite since 2015 but has since delayed the project when their Kickstarter campaign failed to reach its $500,000 goal. They had initially planned to send a 12-camera system that would be able to shoot 3D, full 360-degree photos and videos.

Fortunately, the company received a $1.25 million investment fund from an undisclosed source to fund the project, which has allowed them to book the flight to the ISS next year, as well as completely improve their VR satellite. Once the satellite reaches the ISS, it will be deployed in low Earth orbit using the NanoRacks CubeSat Deployer.

The new VR camera satellite, dubbed as Overview 1, will be coming with several 4K sensors that can capture fully immersive HD VR videos of the planet and its surroundings. The content it will capture will reportedly be made available for viewing throughout the different VR platforms, including smartphones and VR headsets such as the Oculus Rift.

"My dream, when I first had this idea at a hackathon 1.5 years ago, was to launch a VR satellite with NanoRacks. It seemed crazy and borderline unachievable. Now we are signed, paid, and moving towards something exponentially more borderline unachievable," SpaceVR Chief Executive Officer Ryan Holmes mentioned in a recently released statement.