Details on Remedy's Current Game Development Projects

Remedy Entertainment's annual report reveals significant progress across its development pipeline. Control 2 has cleared the crucial concept validation phase and is now in full production, a major step forward for the project.
Alongside Control 2, two other titles are actively under development: FBC: Firebreak and the remakes of Max Payne 1+2. These projects, previously in pre-production a year ago, have advanced to the next stage of development. However, the studio has confirmed the cancellation of Kestrel, a collaborative project with Tencent, which was terminated in May of last year.
All current projects leverage Remedy's proprietary Northlight engine, a technology proven successful in titles such as Alan Wake 2 and other Remedy games.
Financially, Control 2 boasts a projected budget of €50 million. Self-published by Remedy, it's slated for release on Xbox Series X|S, PlayStation 5, and PC. FBC: Firebreak, with a more modest budget of €30 million, will launch on PlayStation and Xbox subscription services, alongside Steam and the Epic Games Store.
While the budget for the Max Payne 1+2 remakes remains undisclosed, they are confirmed as AAA-level productions. Rockstar Games is fully funding both development and marketing for this project.