Cemtrex Provides an Update of Their VR Adaptation of Popular Science Fiction Series, Star Force
March 05 2019 - 8:30AM
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global
technology and company, today announced that the virtual reality
(VR) adaptation of B.V. Larson’s Star Force is now fully in
production with a playable BETA release for select testers slated
for this summer. Character design and core gameplay mechanics were
finalized in the last two weeks, allowing the team to move forward
with full production, story development and in-depth VR development
of environments, characters and other key components.
The VR title is an adaptation of B.V. Larson’s popular Star
Force series, an action-packed Sci-Fi opera in which everyday
characters are called to save humanity from deadly
extra-terrestrial machines. The VR adaptation will focus on the
series’ first novel, Swarm, in which Earth must overcome a swarm of
alien attacks.
Star Force’s VR adaptation is scheduled for release in Fall
2019, and will be available for the Oculus Rift, HTC Vive as well
as the forthcoming Oculus Quest.
“B.V. Larson’s novels have garnered millions of readers and we
are thrilled to bring his stories to life in a groundbreaking and
compelling fashion,” said Saagar Govil, CEO and Chairman of
Cemtrex. “The ability to bring the written word into an immersive
and engaging medium like this VR experience is unlike anything
that’s been done on this scale. We see this as a revolutionary form
of storytelling and Star Force is an excellent title to begin
with.
“We have put many of our resources that were allocated and
assets developed for the previously announced Ultra85 into this
game not only to expedite the Star Force release, but also to
ensure we provide the best experience possible for VR gamers and
Star Force’s loyal fanbase alike. In doing so, we have decided to
focus on Star Force solely and put Ultra85 on hold for now.”The VR
market is growing rapidly: IDC projects a compound annual growth
rate (CAGR) of 69.6% over the next five years. According to IDC,
the growth of virtual reality will impact numerous sectors,
including consumer services ($1.6 billion), retail ($1.56 billion),
and discrete manufacturing ($1.54 billion) in 2019. By 2025, Grand
View estimates that VR gaming will reach $45.09 billion USD.
“We firmly believe that VR & AR will change personal
computing in profound ways as the technology reaches a critical
mass over the next few years. We are positioning Cemtrex to be a
key content creator and software provider for these markets by
getting into these markets at the ground floor. Similar to how the
mobile gaming industry quickly evolved into a multibillion-dollar
market we see parallels in VR gaming as well. In 18 months, we
created a new business unit with SmartDesk that is now gaining
traction and our goal is to have an equally attractive VR business
unit with multiple products 18 months from now,” continued Mr.
Govil.
To learn more, please visit cemtrexvr.com.
About Cemtrex
Cemtrex, Inc. (CETX) is the manufacturer of the SmartDesk, the
world’s most advanced workstation. Cemtrex is a diversified
technology company that's driving innovation in a wide range of
sectors, including smart technology, virtual and augmented
realities, advanced electronic systems, industrial solutions, and
intelligent security systems.www.cemtrex.com
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Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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