VR Education higher as it partners with Deutsche Telekom and Qualcomm for launch of 5G VR device

VR Education Holdings PLC (LON:VRE) shares moved higher on Wednesday as it unveiled plans to launch a new 5G virtual reality (VR) device in partnership with Deutsche Telekom, US conglomerate Qualcomm Inc (NASDAQ:QCOM) and Taiwanese tech group XRSPACE. The VR technology firm said its ENGAGE platform, which allows users to construct virtual classrooms and other environments, has been selected as a launch application for the new VR headset, which is scheduled for release in the middle of next year.

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