Seems like every name involving "Open" and "VR" is already in use. Perhaps they'll follow the path set by Vulkan, and pick a name that's just an unrelated or invented word.
For a developer to support SteamVR (OpenVR), Oculus (OVR), and OSVR, it has a lot of work to do.
You omitted Google's Daydream & Samsung's GearVR platforms - I'm sure the new standard will address mobile. Plus, I'm pretty sure MS has an API, since they're working with HW manufacturers to create their own VR platform.
Qualcomm ... recently made the move to build a processor specifically meant for standalone VR devices.
It's misleading to call it a processor. It's just a variation on their smartphone SoCs that's better-oriented towards VR. It's not on the level of what MS did in Hololens, where they basically created a custom engine for AR.
Anyway, you'd expect them to be at the table, but I think the risk for them of not being involved at this stage is a lot lower than for the HMD and controller manufacturers.
The group is currently in the “initial exploratory phase” trying to “define the standard’s scope and key objectives.”
Right, and this is actually the big question. Will the new standard really allow a single app to be targeted at the full range of VR hardware, with the full range of tracking capabilities & controllers? That's potentially a far more ambitious goal than simply unifying differences between a few APIs.