Western media reports that the management of Embracer Group has stopped production of the new part of Red Faction.
The game was developed by Fishlabs studio. The project was at the stage of visual prototype, so it was very far from being ready. It was supposed that the new Red Faction would be a continuation of Guerilla, and its events would unfold 100 years after the end of the story of Volition.
As a result, Fishlabs has now become a support studio, so we should not expect any new releases from it.