Ninja Theory's next project is titled Hellblade, and it's set for release on PS4.
The title debuted at Sony's Gamescom stage show on Tuesday in a cinematic trailer. Ninja Theory previously worked on PS3 exclusive Heavenly Sword, Enslaved: Odyssey to the West, and DmC Devil May Cry.
The studio said in an update to the PlayStation Blog that Hellblade will "be an experience focused on delivering a deep character in a twisted world, with brutal uncompromising combat".
Ninja Theory plans to develop and publish the game independently, suggesting it wil not be a platform exclusive.
"Why have we chosen to self-publish this game? Certain types of game are very difficult to make for AAA retail without being watered down or otherwise compromised for a mass audience," Ninja Theory representative Dom Matthews said.
"This is especially true of sword-based combat games or games of a distinctive style or unusual subject matter. We want to make a smaller, more focused game experience that is uncompromising in its combat, art and story, and deliver this digitally at a lower price."
The game's world is based on Celtic myth, with protagonist Senua embarking on a journey through a "hellish underworld". A release date was not set.