Sony has now confirmed the price and release window for Playstation VR at this year’s Game Developers Conference.

Slated for release sometime in October, the Playstation VR will cost $399 / €399 /£349 / AUD$549. Any purchase of PS VR will include the VR headset, the headset connection cable, a processor unit, HDMI and USB cables, headphones and a power supply. In addition, customers who make the purchase will be able to download The Playroom in VR for free.

Sony has also confirmed that PS VR requires the Playstation Camera to function, which is available separately. Playstation Move controllers will also need to be purchased separately.

Playstation VR will also have 50 games available this year, and over 230 developers are currently working on projects related to VR, from small indie teams to AAA developers.

PS VR will also include a “Cinematic Mode,” which according to Sony, will let “users enjoy a variety of content in a large virtual screen while wearing the headset,” Cinematic Mode will also support standard PS4 games plus videos, and will allow users to “enjoy 360 degrees photos and videos that are captured by devices such as omnidirectional cameras on PS VR via PS4 Media Player, which will let them feel as if they are physically inside the captured scene.”

Photos courtesy of IGN

Andrew House, president and Group CEO of Sony Computer Entertainment (SCEI) also stated that:

“Ever since we unveiled PS VR during the 2014 Game Developers Conference, we’ve received a tremendous response from gamers and developers alike. To make sure that we are able to prepare and deliver enough units of PS VR and a wide variety of software titles to consumers worldwide, we have decided to launch PS VR in October 2016. For those who are looking forward to its launch, we would like to thank everyone for their patience and continued support. We are beyond excited to deliver to consumers the amazing experience that PS VR offers.”

Other market competitors such as Oculus Rift and the HTC Vive are launching at much higher prices than PS VR, could this be Sony’s ace in the hole? Let us know in the comments below!