Here’s what they have to say about it:
You can now effectively position additional mono or stereo sources into the 3D sound field, avoiding the unwanted coloration. In fact, the patented clarity control allows you to choose how much of the binaural coloration to apply.
Additionally, the unique interface for creating binaural room reflections allows you to drastically improve spatial accuracy in comparison to a reverb plugin.
The AMBEO Orbit plugin is available in AAX, VST, VST3 and AU format for both Mac and Windows.