505 Games and MercurySteam work together to develop and publish a new action role-playing game for consoles and PC

505 Games and MercurySteam work together to develop and publish a new action role-playing game for consoles and PC

Points Highlighted:

  • MercurySteam, founded in 2002, first made its mark with the release of 2010’s Castlevania: Lords of Shadow. It would then become one of the prominent developers for future installments in the rebooted series before moving on to developing Metroid: Samus Returns on the Nintendo 3DS and, most recently, Metroid Dread.

  • While nothing is known about Project Iron other from the fact that it will be an entirely new IP, 505 Games parent company Digital Bros. and MercurySteam will jointly own the intellectual property. In addition, Project Iron’s initial development investment is planned at €27 million ($30 million) and will be safeguarded under Spanish law through the joint-venture MSE & DB S.L.

Speaking of Metroid Dread, the latest update for the game, which is the third update for the latest Metroid installment on Nintendo’s hybrid platform, appears to be a minor one with the official release notes only mentioning a fix that addresses a damage detection issue.

505 Games, through its parent company Digital Bros, and MercurySteam Entertainment have announced [PDF] a co-publishing and development partnership for a new action RPG.

In other 505 Games news, the publisher broke the news of an upcoming cooperative PvE title codenamed Condor in the works from Remedy Entertainment that will take part in some relation with the universe of Control. For more details regarding this new game, you can read the article we wrote about it here.

Codenamed ‘Project Iron’, the game is described only as ‘a third-person action RPG set in a dark fantasy world’. The project’s initial development investment numbers at 27 million euros, and the IP will be co-owned by the two entities. No other details have been shared at this time, other than that the game is targeting a multiplatform release.

505 Games has published a number of games from a variety of developers in recent years, including Lab Zero Games’ Indivisible and ArtPlay’s Bloodstained: Ritual of the Night. MercurySteam is known for Castlevania: Lords of Shadow, Metroid: Samus Returns, and the recently released Metroid Dread.

“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” commented Raffi and Rami Galante, co-CEOs of Digital Bros Group, via statement. “With MercurySteam’s creative vision and talent and 505 Games extensive experience, gamers can expect a high-quality, captivating and engaging videogame.”

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