Announced at Microsoft's E3 2014 press conference, Phantom Dust is a reboot of the 2004 cult classic Phantom Dust. The game is being developed for the Xbox One and currently has no released date. No new news is expected until E3 2015. Yukio Futatsugi the creator of the original game is confirmed to be involved in the project.
Revealed at E3 2014, the game was announced with no game studio attached to it. It was revealed on February 17, 2015 that Darkside Game Studios had partnered with Microsoft to make the game, but the partnership was ended with the studio announcing they would be shutting down.