Can not run Unreal Engine 4.27 VR app – SteamVR has encountered a critical error

Gaming and Visualization Technologies XR – VR/AR/MR CloudXR (VR and AR Streaming)
1

Steps to repro:

  1. Connecting Oculus Quest2 to CloudXR 3.2 Server using special android app
  2. Setting SteamVR as OpenXR default Runtime
  3. Creating 4.27.2 UE project from VR template
  4. Turning off plugins Oculus VR, SteamVR. Leaving enabled only OpenXR
  5. Restarting UE project with choosen plugins, running level from UE editor in VR Preview mode

These steps results in critical error “SteamVR has encountered a critical error”

2

But the same steps work fine in UE 5.0.2