The Oculus Rift and HTC Vive VR systems started shipping recently, and now Open Source Virtual Reality (OSVR) unveiled the latest Hacker Development Kit, the HDK 2. This is the newest headset from the gaming-hardware company Razer, and it will start shipping in July for $400. The new HDK2 is the second headset from Razer as part of the Open Source VR consortium that it cofounded and operates.

While the price is $200 cheaper than the $600 Oculus Rift and $100 less expensive than even the PlayStation Virtual Reality, Razer claims that the new HDK2’s openness and commitment to compatibility is as important to consumers. In a Virtual Reality market that could reach $40 billion in spending by 2020, according to SuperData Research, the Razer is trying to take an approach that helps it build a business at the center of Virtual Reality without locking anyone out.

The new HDK2 model supports dual OLED displays with a combined resolution of 2160 x 1200p and a 90 Hz refresh rate, an infrared camera for position tracking, and support for integration along with third-party motion controllers, gamepads, or other accessories and it is 110-degree field of view like Oculus Rift and Vive. This head-mounted display works with SteamVR and is open to anyone who wants to insall VR games on it.

Additionally, it is an Image Quality Enhancer (IQE) reducing the screen door effect. This means that the hardware specifications for OSVR HDK 2 are having the ability of displaying Virtual Reality experiences at 90 frames-per-second.

The new version will ship in July 2016, retailing for $400 USD, while the OSVR HDK 1.4 will continue to be sold at $300.