One of the biggest developers in the VR gaming industry is shutting down its virtual reality projects. CCP Games, which has released several VR titles, confirmed today it will now concentrate its efforts on its PC and mobile efforts. As part of these changes, it will shut down two of its five development studios, and these changes could affect as many as 100 of its 370 employees.

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EVE: Valkyrie gets permanent price cut, can be yours for $40 (was $60)

June 8, 2017

CCP Games, best known for their popular, and long running PC space-based MMO EVE Online, got a ton of attention early in the current VR gaming development period by announcing EVE: Valkyrie, a high-end stand alone space fighter action game set in the EVE universe, but as a VR-exclusive title. It was first announced in 2013, and finally launched in 2016, first for the Oculus Rift headset, and later for the HTC Vive and Sony PlayStation VR.

CCP also launched two games in its EVE: Gunjack space shooter games for VR platforms. The first Gunjack game was released first for the Samsung Gear VR in 2015, and later launched for the Rift and Vive headsets. The second Gunjack game launched in 2016 as an exclusive for the Google Daydream View headset.  Just two months ago, in August 2017, CCP launched Sparc for the Rift and PSVR, a multiplayer-themed eSports title.

However, it looks like all of those games did not translate into sales. In a press release today, CCP Games Hilmar Veigar Pétursson stated they will continue to support their current VR games, but added that the developer “will not be making material VR investments until we see market conditions that justify further investments beyond what we have already made.” It will close its development offices in Atlanta, Georgia, and plans to sell its studio in the UK city of Newcastle. Some of the affected 100 employees may be able to move to one of the three remaining CCP studio locations.

It looks like CCP doesn’t believe the current VR gaming market can sustain high-end game titles, such as EVE: Valkyrie and Sparc. The company will continue to work on its main game, EVE Online. It also has PC a first-person shooter game in development, Project Nova, and it just announced it will launch a mobile game set in the EVE universe, Project Aurora, that will be released in 2018.

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