Dream Reality Interactive announced its formation today as a new independent studio focused on the development of virtual reality games and experiences across all VR platforms.

The studio is being founded by Dave Ranyard, the former head of Sony’s London Studio. As the boss of Dream Reality, he enjoys an impressive resume: Ranyard has a PhD in artificial intelligence and has spent over three years working with VR, and he holds seats on the BAFTA games committee and the Virtual World Congress advisory boards. His portfolio of titles includes London Heist, The Getaway, Singstar, Ocean Descent, Wonderbook: Book of Spells, and Dangerball. He was also responsible for the development of Sony’s premium PlayStation VR retail package, known as VR Worlds.

“With the availability of a range of VR headsets the question is no longer IF virtual reality will be successful, it is WHEN and most importantly, HOW? None of us really knows the answer but after a fantastic 17 years at Sony, now feels like the right time to explore the possibilities. Going independent allows me to work across all platforms and that’s very liberating.”

Of course, staffing an independent studio is made easier when Sony has already made significant layoffs at its VR development studio. Joining Ranyard at Dream Reality are his former Sony London teammates Richard Bates, Artemis Tsouflidou, Albert Bentall and John Foster, who were all integral to the development of VR Worlds for Sony’s PSVR headset.

VR/AR will be central to Dream Reality’s development plans. The new studio is already working on several projects and prototypes, creating its own IPs in addition to developing titles in partnership with other IP owners, across a variety of VR headsets.

As of this writing, things might be off to a bumpy start: as of this morning EST, the company’s website is not functional.