After Prey 2 got canceled due to years of troubled development the "series" slowly faded away into obscurity. This didn't stop the rampant rumors, however, and despite it being officially canceled numerous unnamed sources kept repeating that the Prey series is getting a second, or rather third chance. All of this culminated with the recent "leak" that pointed towards a Prey reboot being announced during this years E3, and as luck would have it, they were absolutely correct!

During their showcase at E3 Bethesda unleashed the first trailer for Prey, a reboot that aims to reimagine the franchise from the ground up... "with an added psychological twist". I would usually dismiss that as simple marketing tactics, but they've actually recruited Chris Avellone, one of the writers and designers behind some of the best RPGs in history (Planescape: Torment, KOTOR 2, Fallout: New Vegas, etc.), so there might be more to Prey than simple "shooting doods in space".

Digressions aside, here's the trailer, though I'm afraid you won't find any gameplay in there:

Information about Prey is currently scarce, but here's the entirety of its description, copied from the newly added Steam Store page:

"In Prey, you awaken aboard Talos I, a space station orbiting the moon in the year 2032. You are the key subject of an experiment meant to alter humanity forever – but things have gone terribly wrong. The space station has been overrun by hostile aliens and you are now being hunted. As you dig into the dark secrets of Talos I and your own past, you must survive using the tools found on the station, your wits, weapons, and mind-bending abilities."

Prey will be released at some point in 2017, and I for one look forward to it given Arcane Studios' track record so far.