"It turns out that Doom co-creator John Carmack is more than just a virtual reality fanatic -- he's joining the company that's leading the most recent VR revolution, today announcing that he's taking the reins as Chief Technology Officer at Oculus Rift. In an email from the folks at Oculus, Carmack was confirmed to be out at the company he helped found -- id Software -- and joining Oculus full-time as CTO. He will apparently still serve some role at id, as id's parent company told Engadget, "The technical leadership he provides for games in development at id Software is unaffected." We've asked both Oculus and id's parent company for clarification."
Marc's note: Carmack tweeted this: "My time division is now Oculus over Id over Armadillo. Busy busy busy!" indicating exactly where his priorities are. Unfortunately with his new gig as CTO of Oculus Rift it would appear Armadillo Aerospace is truly out of business until such a time as some funding comes it way.