Prior to E3 2016, it was rumored that Microsoft is going to unveil a slim Xbox One this year and it will come out with a more powerful 4K Xbox One with VR support in 2017. That rumor has turned out to be true as Microsoft has confirmed all of this today. Not only is the 40 percent smaller Xbox One S official today but Microsoft has also confirmed that it’s going to release a 4K Xbox One with VR support in fall 2017.

The more powerful Xbox One was rumored to have been codenamed Project Scorpio and Microsoft has confirmed this today. During its E3 2016 press event, the company said that Project Scorpio will be able to run 4K-native games, support VR experiences and provide a whopping six teraflops of processing power.

Project Scorpio is much more than a mid-life Xbox refresh for Microsoft. It has been built with hardware capabilities specifically for 4K games and VR experiences, Xbox boss Phil Spencer calls it the most powerful console Microsoft has ever built.

All games will be playable across the original Xbox One, Xbox One S, and Project Scorpio, but many of these games will have improvements for Scorpio to take full advantage of its extra power.

Microsoft is keeping a tight lid on its virtual reality plans for now as it hasn’t revealed which company it will team up with for VR, there have been rumors that it may work with Oculus but that hasn’t been confirmed yet. What we do know for sure is that Project Scorpio will have support for VR experiences.

The company hasn’t confirmed the final name for Project Scorpio or disclosed its price, the significantly more powerful Xbox One is currently expected to be launched in the fall next year.

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