The sequel will take place on an "entirely new" alien planet and utilize Unreal Engine 5 for "stunning stylized graphics."
"Your recent excitement for the next game in the Subnautica universe has been infectious," says developer Unknown Worlds.
The survival adventure is a "major pipeline" title for publisher Krafton. An official announcement from Unknown Worlds is still pending.
In an unprecedented move, Unknown Worlds has revamped its monetisation of Moonbreaker, removing the in-game store and the real-money currency.
The studio behind Subnautica and its sequel, Subnautica: Below Zero, are set to unveil its new game on August 23. And no, it's not Subnautica 3.
A job listing for a senior narrative designer has revealed that a new Subnautica game is in development at Unknown Worlds.
Both versions of the game will be on the same footing.
Dive underwater and explore a mysterious world rife with danger.
An open world underwater exploration and construction game.
Female soldiers for the win