After capturing the essence of compressed volumetric video via the acquisition of Parallaxter’s PresenZ technology 10 months ago, V-Nova has released the format back into the wild – carving out a new V-Nova Studios arm to unlock growth in extended reality (XR) experiences. Faultline was first to break news of V-Nova springing a dedicated Studios division back at NAB in April, and we are surprised it has taken this long for the company to officially unveil the venture. We suspect the UK-based software company was waiting to time the launch of V-Nova Studios with the premiere of two new production previews, based on PresenZ’s volumetric movie format, during the Venice Film Festival. The first two titles from V-Nova Studios are…