Dreams of Another was announced during State of Play - it will be released on PlayStation in 2025

During State of Play, Q-Games presented Dreams of Another, a new game in the PixelJunk series, which will be released on PlayStation 5 and PlayStation VR2:
Here's What We Know
Dreams of Another offers a non-standard approach to shooters: shots do not destroy the world, but create it. Using the point cloud technology, the game forms a world of particles that players materialise through their actions. The project has a unique artistic style and uses the power of PlayStatiob 5 Pro for enhanced animation and high resolution.
The plot focuses on two characters - The Man in Pajamas and The Wandering Soldier- each with their own story. PlayStation VR2 owners will be able to enjoy a full 360-degree immersion.
When We Can Expect It
Dreams of Another is scheduled for release in 2025.
Source: GamingBolt