Keen to ride the momentum of that release, 505 Games has announced it will be publishing a new game from the studio behind Dread, MercurySteam. This new game – so far only codenamed Project Iron – has an initial development budget of roughly $30.7 million. There’s not too much information about the game out there right now, but an announcement from Digital Bros (parent company of 505 Games who will co-own the IP with MercurySteam) says that the title is a brand-new IP intended for a multi-platform global release. That likely means you can expect the game to launch on consoles and PC – this probably isn’t going to be a Switch exclusive, like Dread was. “We are thrilled to work with the team at MercurySteam, a proven studio that over the years has created numerous phenomenal IPs – including the recent hit release Metroid Dread in partnership with Nintendo,” said Raffi and Rami Galante, co-CEOs of Digital Bros, in the statement. “With MercurySteam’s creative vision and talent and 505 Games extensive experience, gamers can expect a high-quality, captivating and engaging videogame.” If you want to read more about Metroid Dread, check out why Metroid Dread proves that Samus is cooler than Master Chief, or read everything you need to know about the game here.