The Free On-line Dictionary of Computing (30 December 2018):

CyberWand

    A virtual reality controller.
   The CyberWand costs $99, or $765 with optional Polhemus
   sensor.  It is basically the handle of a flight control system
   without the base.  The controller's four buttons and 2-D hat
   sensor track six degrees of movement.

   (1995-04-04)