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NeoGAFs Kent Brockman

Remedy is working on a ‘bigger’ Control sequel and a co-op multiplayer spin-off | VGC
The multiplayer game, codenamed Condor, is coming to Series X/S…

Control developer Remedy Entertainment has announced plans to team up with 505 Games to make a new Control game.
It is a “bigger budget Control game” designed to “further expand the Control franchise”, which is to be explored more in the future.
Speaking briefly about the upcoming sequel, he added: “Control is more than one location, character, or story. We have more. Something ambitious. As today’s announcement stated, we “have outlined high-level collaboration terms to further expand the Control franchise with a bigger-budget Control-game”.
“I unfortunately cannot go into more detail than that, but suffice to say, I’m extremely excited for the future of the Control franchise.”