Sony has released a blog post detailing frequently asked questions about how the upcoming PS5will support PS4 titles, they confirmed that the new PS5 HD Camera is not compatible with the current PS VR hardware.
In order to continue playing your previously purchased PS VR titles you will need to use the older PS Camera that was compatible with the PS4 along with a new PS Camera adaptor.
This means that you old PS VR headset will not simply plug and play as soon as the PS5 arrives. Since the camera that supports the PS VR cannot simply plug into the PS5 Sony has announced that all PS VR users will be able to receive an adaptor at no extra cost. The company has not given any further details on how or where customers can request their adaptor, but we assume that further details will be provided as we approach the PS5 release date of November 12th.
Sony have confirmed that the DualShock 4, PlayStation Move, and PlayStation Aim controllers will be compatible with the PS5 at launch. These controllers will function as intended when using them to play PS VR titles but unfortunately, they will not be compatible with any games developed for the PS5.
As of this moment there are scant few details on the PS VR 2. It will not release this year, but Sony have been steadily filing patents for new VR technologies like tracking systems, new controllers, and local VR multiplayer. It will probably be a few more months before we get anything concrete about the future of PlayStation VR, but it certainly looks like more is to come.