Just two days ago, a Facebook-owned website jumped the gun and posted videos of the new Oculus Quest 2.
Now, Facebook officially announced the device at their Facebook Connect event.
The new VR headset starts at $300 for the 64 GB version and goes up to $400 GB for the 256 GB model.
Both models will ship with two Touch controllers, just like we saw in the videos.
However, the new and lighter Oculus Quest 2 also marks the end of an era, that of PC-based Oculus Rift VR headsets.
Facebook announced it will stop producing the Oculus Rift line, which requires a PC, and focus on building wireless VR headsets with the processing power and sensors built-in.
Instead, if you want more processing power, you will be able to connect the Quest 2 to a PC using the Oculus Link.
The Oculus Quest 2 is a significant improvement from the Quest from two years ago, with a Qualcomm Snapdragon XR2 processor and 6 GB of RAM, up from 4 GB.
The resolution is markedly improved as well, at 1832 x 1920 px, or 3.5 million pixels, a 50% increase from the original Quest.
The Oculus Quest 2 is already available for pre-order and will be available in 22 countries.