What's the arcade game Kate and Dade play in the movie Hackers?

Near the beginning of the movie Hackers, Kate and Dade play an arcade game involving ships flying down a trench, avoiding moving walls and shooting at enemy turrets. The game was controlled with dual joysticks.

Does this game exist as an arcade machine or other platform game around that time (1995)? If it's purely for show, is it inspired by any popular arcade titles from the same era?

Here's a screenshot for nostalgia:

Solution 1:

So, I always thought that the game was made up just for the movie, but it turns out it was an early version of Wipeout, which was released later that year (Sept '95).

Who knew?

Also: citations, cite, cite, cite, cite.

Solution 2:

And did you know that they don't even play it !

@Mana you are right because it's a CGI movie that emulate a fake gameplay

Proof:

This is the actual gameplay video made by the guy who was working on the project that year.