There was a project like this few years ago by a 3rd party and they were also doing a Corona integration. I think it was called Nyx VR, but I am not 100% sure. It was basically:
- starting IR
- converting the IR output into 360 sphere live, while rendering
- being able to put on a VR headset and be "inside" the IR
- plus some tools to manipulate objects in real-time, switch back to viewport, etc
This one was abandoned though (I don't remember why exactly). I am not aware of anything similar happening right now.