Certainly big news for many fans of Team ICO! Due to technical issues, Fumito Ueda's latest project, 'The Last Guardian', unveiled as far back as 2009, was moved from PS3 to PS4 prototype hardware in 2012. It'd gone under silence for a long while, but this week during Sony's E3 Press Conference, it was finally re-unveiled for PS4 with a vertical slice demo. It's now scheduled for release sometime in 2016. Check out the video of our first game play demonstration! Read more about what went on in articles here and here.
Ueda is no longer an employee at Sony and is now a contractor who started his own studio 'GEN Design' which has a very neat logo that fans of ICO will recognize!