Giant Squid revealed their debut title during Sony's E3 press conference. As the developer name might imply, it takes players into the depths of the ocean for some deep exploration. The game is called Abzu and will debut exclusively on PlayStation 4.
Abzu is the vision of creative director Matt Nava, formerly of thatgamecompany (Journey, Flower). Nava's talents were quickly recognized by publisher 505 Games, who were eager to begin a partnership deal to help distribute his game based on his outstanding track record.
However, Abzu is a long way off. In fact, it's not scheduled to release until 2016.