A Japanese company from Toyko is working on a haptic VR glove.
They have raised 750k to develop the prototype and it looks promising.
At this stage of the design, it still needs some human factors work but the application of it is exciting. With some more design work, this could change the way we interact with virtual objects.
Physcially feel what you virtually touch.
Check out the concept movie below and here http://exiii.jp/