After more than two years of work and a complete reboot that brought with it a whole new codename, Remedy has announced that Project Kestrel, being developed in partnership with Tencent, has been cancelled so the studio can "focus more on the other games in its portfolio."
Originally known as Codename Vanguard, the game was announced in December 2021 as "a free-to-play cooperative adventure" that "marks Remedy’s first entry into Games-as-a-Service business model," CEO Tero Virtala said at the time.