The VOID Downtown Disney Location Receives Lease Termination Notice
Location-Primarily based VR Firm The Void To Relaunch Quickly 8

A brand new report by Janko Roettgers from Protocol states The Void’s property have been acquired by a former investor with goals to relaunch the location-based VR firm, in wake of the COVID-19 pandemic.

The Void was one of many leaders within the location-based VR business earlier than the pandemic, with 25 new areas opened in 2019 alone. Partnerships with corporations like Disney allowed The Void to provide huge IP-focused experiences, akin to Avengers: Injury Management in late 2019. The onset of the COVID-19 pandemic in March final yr meant that Void areas, akin to its Downtown Disney venue in California, have been closed by July. Location-based VR competitor Sandbox VR even opened up a brand new location in Vegas this March, taking on the house as soon as occupied by The Void only a yr earlier.

Nonetheless, in keeping with Protocol, The Void is about to relaunch quickly underneath Hyper Actuality Companions, an organization owned by Adrian Steckel, former investor and board member of The Void. Based on Protocol, Steckel acquired The Void’s “key property”  for round $2 million, which incorporates the corporate’s IP however doesn’t embody a lot of the bodily , akin to headsets, backpacks and extra. That tech was reportedly bought off as deserted property by a few of the landlords of former Void areas.

Based on Roettgers, Steckel has signed earlier Void workers to return, akin to former CCO Curtis Hickman and former VP of Content material Jason Howard. Steckel has reportedly already raised $20 million in funding, is actively fundraising for extra and plans to rent further workers quickly. That is backed up by a placeholder website for The Void by HR firm Breezy, indicating that job openings are forthcoming.

Protocol studies when The Void relaunches, it’s going to accomplish that with a brand new working mannequin that can look in the direction of bigger venues that embody companies extending past location-based VR, akin to meals and beverage capabilities. Hyper Actuality Companions are reportedly a Las Vegas as the primary new location to supply this revamped model of The Void expertise.

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