[Update #2]: It took a while for this announcement to arrive, but Remedy Entertainment is now also working on Control 2!
[Update]: Remedy has now also begun work on big-budget remakes of both Max Payne and Max Payne 2!
Despite already working on a numerous new games, including a co-op focused spin-off of Control, Remedy Entertainment has just announced a brand new one. The freshly revealed project Vanguard is still extremely early in development so the details are few and far between, but so far it looks like it's going to be a free-to-play, co-operative PvE shooter.
While Vanguard will be an original IP and take place in its very own universe, it will share the same focus on narrative as some of Remedy's previous games. As for the release platforms, Vanguard will be developed with Unreal Engine and will be launching onto both PC and consoles.
This shouldn't come as much of a surprise given the genre, but it's also worth mentioning that Vanguard will follow the Games-as-a-Service business model. In other words, expect to see frequent content and cosmetic updates, with the end goal being to keep Vanguard relevant and lively for many years to come. Whether it will actually succeed at doing that, however, that will depend entirely on how fun the actual game really is.
Once we get more information, ideally alongside a gameplay trailer, I'll make sure to let you know. Until then, you can read a little bit more about Vanguard and Remedy's plans for it over at the official announcement.