Werks is the German spelling of works, and it’s been borrowed into English branding for decades to signal engineering and craft. Put it after virtual and you get a name that sounds like a studio that builds things properly.
The fit is clear for a VR or AR studio, a simulation company, a digital twin business, a virtual events producer, or a software shop generally. Virtual works as a prefix survives the specific technology cycles underneath it, which is worth something in a field that renames itself every few years.
The K spelling is the interesting decision. It makes the name distinctive and trademarkable where “virtualworks” would be generic and contested, and it carries an industrial connotation that suits engineering-led businesses.
Two familiar components, one deliberate spelling variant, on the .com. Easy to say, and once you’ve seen it written the spelling is memorable rather than confusing.
The name is listed. Offers considered.