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The future of consumer tech

The REALM System is a new resistance-based technology that makes the world of virtual reality gaming feel a whole lot more real. Video supplied.

Forget jet-packs. As any serious geek will testify, today's technological Next Big Thing is consumer virtual reality, or VR.

The manufacture of VR headsets, along with the devices that deliver content to them, is easily the largest and bloodiest of the current global commercial electronics battlefields. Billions of dollars are being invested in research, development and marketing. Big names, from Mark Zuckerberg to Beyonce, are being invoked.

And in the midst of all this corporate Sturm und Drang, two tiny Australian companies, in Ballarat and Bondi, are about to reap the whirlwind.

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Forget jet-packs, virtual reality is technology's next big thing and it's here already