Proactive Investors - Run By Investors For Investors

Top US space museum to use VR Education’s Apollo 11 experience in major new attraction

The US Space and Rocket Center is opening the virtual reality attraction next month as part of its celebrations of the 50th anniversary of the moon landing
moon landing
VR Education will take a cut of ticket sales

One of America’s top aerospace museums is to use VR Education Holdings Plc’s (LON:VRE) Apollo 11 virtual reality experience in a “major new attraction” to celebrate the 50th anniversary of the moon landing, giving a lift to the firm's shares on Thursday.

VR Education has assigned a commercial agreement with the US Space and Rocket Center in Huntsville, Alabama – an affiliate of the Smithsonian.

READ: VR Education's Apollo 11 experience selected by Facebook to be launch title on Oculus Quest

The new attraction will open on 10 June and will give visitors the chance to experience the moon landing within virtual reality using a shortened version of VR Education’s showcase Apollo 11 experience.

Tickets for the attraction will cost between US$10-15, with VR Education to receive a cut of the sales.

“We are delighted to be working with the US Space and Rocket Center where this year they are expecting over one million visitors to walk through their doors,” said chief executive David Whelan.

“The Center has given us a prime location within the museum where visitors can participate in the Apollo 11 VR experience.”

Facebook to use Apollo VR in Oculus demos

In the same statement, VR Education confirmed it has been chosen by Facebook Inc (NASDAQ:FB) to be a part of the Oculus Anywhere programme.

The programme is used by Oculus reps at various events and conferences to show off what the systems and headsets can do.

Each of the demo events are approved by Oculus marketing, and the content is curated from their list of pre-approved apps.

“It is great to be working with Facebook to promote educational content via our Apollo 11 VR experience, which was updated to an HD version last year, to show users that VR is used for more than just entertainment.”

In afternoon trading, shares in VR Education were 2.7% higher at 9.50p.

 -- Adds share price --

View full VRE profile View Profile

VR Education Holdings Plc Timeline

January 23 2019

Related Articles

April 15 2019
Corero Network Security PLC specialises in cyber-security software
location map
April 02 2019
Verify helps brands detect location ad-fraud and verify the authenticity of location data to ensure their campaigns are targeting the areas they are supposed to
Background check
May 13 2019
The company provides background check and medical screening solutions for employers to give them reliable information when hiring new staff.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use