Back in 2018 Facebook announced the next version of Oculus would be coming out in early 2019. Since the announcement, we have heard tons of news and even had a featured video about it on the official site. The new design is to be more potent than the Rift was without all the cords. With revolutionary technology, they cut wires and can sense things in real time as well as they say "No PC. No wires. No limits."
As of now, we have no information about the release date or real specifics on what you can do with the Quest. As expected we can be sure to see some groundbreaking games. Vader Immortal, Moss, and The Climb are the three games seen on the official site. Along with old games that might transfer over their will b a good starting line up. What would be nice is to see if features from the Oculus Go carry over as well. Features that would improve TV viewing and social interactions.
Facebook does have an event lined up next week in which we would hope to see the release date mentioned. If the release date is announced, we should also be getting the final stats on what the Quest will be like. The Quest is rumoured to start at $400 which is a small price to pay for revolutionary technology.
Check out the Offical page here: https://www.oculus.com/quest/