Since the company earned an array of Game of the Year awards and other accolades for its work on Control, Remedy Entertainment has been hard at work developing several new AAA projects. From cooperative shooter Vanguard to a rumored follow-up to its cult-classic action-horror game Alan Wakethe company seemingly has its hands full developing new experiences for PC and next-generation platforms.

Today, the studio released a Q1 2020 business review, detailing the status of its current projects as well as some financial statistics. The report goes over some interesting new updates for multiple highly-anticipated games, including the reveal that CrossfireX's single-player campaign is nearing completion.

RELATED: Remedy's Next Game Will Tie into Control, Alan Wake Universe

The action-packed first-person shooter's development was split into two halves, with Remedy Entertainment developing the single-player portion and South Korean developer Smilegate working on the free-to-play multiplayer portion. Speaking on the game, Remedy claimed its Crossfire team is "finalizing the single-player operations" on CrossfireX as well as CrossfireHD, which will be a remaster of the first game in the series.

Alan Wake

The report also touches on its collaboration with Epic Games. According to the studio, "Remedy’s AAA game project with Epic Games is soon moving into full production," confirming that the title will be a focus for the team going forward. Similarly, it references the second, smaller-scale project also being worked on in collaboration with Epic, which Remedy has confirmed will be set in the same universe. According to the report, the mysterious game is currently in "full production mode." Recent reports claim one of these projects will be a follow-up to Alan Wake, although nothing has been officially confirmed just yet.

Finally, the team went on to talk about Vanguard, which will be a co-op experience. According to the studio, "Development progresses at a good pace," with internal playtesting currently underway and closed external gameplay testing coming next. It seems things are going well for the title, which will aim to revolutionize the co-op genre.

Other small details shared throughout the report claim that almost everyone working on Control has now moved on to new games, including a mysterious "early-phase project." Remedy is clearly cooking up several significant experiences at the moment, getting ready to build on the success of Control and release some equally ambitious titles. For those who haven't been keeping up with the company, Remedy had a record-breaking year throughout 2020 despite not releasing a new game. It's clear Remedy Entertainment is more popular than ever, and with so many projects in the works, it seems it's more than ready to capitalize on that success.

MORE: 12 Games You Should Play If You Like Control

Source: Remedy Entertainment