It looks like Sony is about to reveal more details about its PlayStation virtual reality device.

The company has sent out invites to a PlayStation VR event in San Francisco on March 15. That's during this year's Game Developers Conference for those keeping track.

The event kicks off at 2pm local time with a PlayStation VR presentation. It will be followed with hands-on demos until 6pm.

Fingers crossed Sony will reveal the price and release date for the virtual reality device, which is expected to launch this year.

PlayStation VR was actually announced at GDC back in 2014, where it was then known as Project Morpheus.

Sony

There are currently over 100 games in the works for the device, including EVE Valkyrie, Rez Infinite and Gran Turismo Sport.

The boss of Gamestop recently claimed that PlayStation VR would launch this autumn, while another retailer suggested it would cost around £350.

That's a hell of a lot cheaper than the HTC Vive, which has been handed a $799 (£555) asking price. It's even more expensive than the Oculus Rift, which has been criticised for its $599 price tag.

The HTC Vive does, however, come with two free games, including Job Simulator: The 2050 Archives and Fantastic Contraption.

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