The Sinclair ZX Spectrum Vega+ console will be launched in October.

Sinclair ZX Spectrum Vega+

Sinclair ZX Spectrum Vega+

The console - which features no less than 1,000 licensed games built-in - will be launched on October 20 after a crowdfunding campaign helped finance the production of the gaming device.

A launch event will be held at SMS Electronics in Beeston, Nottinghamshire, who are the manufacturer of the original Vega and the new Vega+ products.

Whilst the console is currently only available through Indiegogo, there are plans for the gaming device to be on sale through online retail sites ready for Christmas 2016.

Dr David Levy, Chairman of Retro Computers Ltd, said: "For the past five months our company's new management team has spared no effort to bring the Vega+ into production under very difficult circumstances, and to secure Vega+ a sales and marketing agreement with a substantial company in the consumer electronics field.

"We are very confident that with the manufacturing strengths of SMS and the worldwide reach of our new sales and marketing partners, the Vega+ will be a huge and long-lived success."

Whilst Andrew Maddock, CEO of SMS Electronics Ltd, added: "We are excited that the project is going ahead and will soon be in volume manufacture."

Crowdfunding for the Sinclair ZX Spectrum Vega+ console - which has been backed by Sir Clive Sinclair - has raised over three times the amount it was initially hoping for.