Neon Giant, the Swedish developer known for the co-op shooter The Ascent, is working on a new first-person game that emphasizes "player agency" and creativity. The project features a distinctive aesthetic with retro technology and is described as "ludicrously ambitious." The studio, founded by a small team of over 20 individuals, aims to maintain its autonomy and creative freedom, ensuring that team members can contribute to the vision without traditional management constraints. Many staff members have prior experience in director roles at major studios. The new game is expected to focus on creating a believable and reactive world, moving towards immersive simulation. Further details and updates from Neon Giant are anticipated soon.