Lost Rift is a survival game developed by People Can Fly, set in a tropical archipelago called Pioneer's Landing. It features cooperative gameplay and a PvP extraction mode where players can explore unstable islands for loot while competing against others. The game is set to launch in Steam early access on September 25th, offering at least 10 hours of PvE content alongside multiplayer expeditions. The studio has faced recent challenges, including layoffs and project reductions, making the success of Lost Rift important for its future.