The news was confirmed in an ASUS press release after being announced at Google's I/O developer conference on Thursday. The smartphone is expected to hit the shelves sometime this summer.
The Verizon/ASUS collaboration marks the first time a US-based carrier will offer a Tango-enabled device.
Tango adds three abilities to the ZenFone AR: motion tracking, depth perception and area learning. Through these capabilities, the ZenFone AR can detect how far it is away from a floor, wall or an object and understand where it is moving in three-dimensional space.
ASUS claims that the phone features "top-of-the-line components" to ensure that the ZenFone AR is the ideal VR/AR smartphone. Powered by Qualcomm's Snapdragon 621 processor, with a 5.7-inch AMOLED display, 128GB of storage and 6GB of RAM, it certainly is an impressive device.
The catch is that Verizon will be the "exclusive" wireless provider for the ZenFone AR, according to ASUS which could limit Tango's reach in the long run.