Consumer electronics (2023-present)
In 2023, Palmer Luckey and Torin Herndon re-established ModRetro as a hardware company.
Torin Herndon previously worked as an engineer at Oculus and Anduril, companies also founded by Palmer Luckey. Following the revival of ModRetro as a hardware company, Herndon joined Luckey as a co-founder and helped oversee the development of the Chromatic handheld and the company's expansion into game publishing and hardware manufacturing.
In June 2024, ModRetro announced the Chromatic, a handheld console inspired by the Game Boy Color. The system uses open-source components from the MiSTer FPGA project.
In July 2025, ModRetro permanently restocked the Chromatic after the initial First Edition sold out. The relaunch introduced additional color variants, optional Gorilla Glass models, new accessories, and additional game releases. In December 2025,, ModRetro released a version of the Chromatic made from the same metal as Anduril attack drones
In 2025, ModRetro announced the M64, an FPGA-based recreation of the Nintendo 64. The console is planned for release in 2026.
Later in 2025, ModRetro participated in several promotional collaborations with other companies and media personalities. One of the most widely reported events was a partnership with the Goodyear Tire and Rubber Company and GameStop to commemorate the 100th anniversary of the Goodyear Blimp. The event featured a Pokémon battle played on ModRetro Chromatic handhelds aboard the blimp and included participation from Palmer Luckey and YouTuber Casey Neistat.
The collaboration also included a limited-edition Chromatic giveaway produced jointly by ModRetro and Goodyear.
In March 2026, multiple publications reported that ModRetro was seeking new funding at a valuation of approximately $1 billion.
