Publisher Krafton and developer PUBG: Studios have announced PUBG: Black Budget, a new tactical extraction shooter now in development.

PUBG: Black Budget is being made for Windows PC (via Steam) and closed alpha tests will be run through next month, with sign-ups available on its Steam page.

Here’s a rundown on the game, plus its reveal trailer:

Designed as an FPP-first experience, PUBG: Black Budget is a tactical extraction shooter built around tension, survival, and the unknown.

You are a Contractor, a hardened veteran hired for a classified operation on an island at the edge of the world. Your mission is to recover top-secret technology from an abandoned research facility. But there’s a catch: the island is trapped in a time loop, consumed by a supernatural phenomenon known as the Anomaly. Extract artifacts, research your findings, and uncover the truth behind the black-budget initiative, SAPIENS.

In between missions, you’ll expand your personal Base, craft new equipment, and improve your character’s skills and proficiencies. Prepare to face PvPvE threats in an environment that grows more unpredictable with every loop – and the longer you stay, the harder it is to make it out alive.

Progression & Customization  

• Three rival factions offering contracts, missions, and rewards tied to loyalty and reputation
• Persistent character growth through skills, proficiencies, and upgrade systems
• Customizable and expandable Base featuring crafting stations, stash upgrades, and facilities that provide income
• Research station serving as a narrative and progression hub
• Extensive weapon and gear customization including faction-exclusive items
• Healing items and stimulants enhancing survivability and performance
• Full character and equipment customization including appearance, clothing, as well as weapon and equipment skins

Key Features  

• 2.5 × 2.5 km open-world island featuring varied biomes, points of interest, and underground facilities
• Up to 30-minute sessions combining exploration, combat, and extraction
• Persistent inventory: keep what you extract, lose what you bring if you die
• Level- and squad-based matchmaking for up to 3-player squads and 45 players per session
• Dynamic PvPvE encounters against other Contractors and various hostile entities
• The Anomaly gradually shrinks the playable area, creating tense and unpredictable scenarios every loop
• Difficulty scaling that increases with player level and time spent inside the loop