Nice to see another design win for the Nvidia X1. This thing will sell like hot-cakes to VR content creators. This is a crucial time where anyone can become the next big VR video producer, because of little competition.
Not sure what this has to do with VR. It's just a 360 degree camera. Put a headset on displaying content of this and all you can do is rotate your head - you can't move around or do any of the stuff we'd really associate with VR. Does it even display in stereo - not properly I bet as that would require 2 cameras facing the same direction 6cm apart. The best you could use it for is a backdrop for your real VR application.