Spatial audio is Apple applying Dolby Atmos with gyroscope sensors [MEMS] in a binaural traditional headset application. Apple requires your mix to be in Dolby Atmos stems before sending it to them to convert it via Binauralism and making it available in their spatial audio able headsets.I thought Spatial Audio fixed the audio source in real space such that turning your head made it appear to always come form the same location.
What Netflix is doing is just another digital effect to fake a true surround sound experience, yes?
Sennheiser which owns Neumann will most certainly be using their professional brand's engineering talents to convert all audio spaces into Dolby Atmos compliant streams before sending it to Apple to be Spatial Audio compliant.