MercurySteam is developing an action RPG code named Project Iron

mercurysteam project iron

MercurySteam is flying high after the critical and commercial success of Metroid Dread. The recent Switch release is on pace to be the highest-selling game in the franchise, leading some to wonder if Nintendo might recruit them for Metroid full time. However, it’s clear they won’t have a singular focus on the bounty hunter. Publisher 505 games just announced that they’re partnering with MercurySteam to develop and co-publish a game code-named Project Iron.

MercurySteam and Project Iron

Although we don’t have a trailer for Project Iron, the initial announcement revealed quite a few details. The press release describes it as a third-person action RPG set in a dark fantasy world. The IP will be co-owned by Digital Bros (parent company of 505 Games) and MercurySteam. Unlike Metroid Dread, it won’t be a Switch exclusive, though it still could come to that console. It’s aiming for a “multiplatform global release.” Digital Bros co-CEOs Raffi and Rami Galante issued the following statement about the partnership:

We are thrilled to work with the team at MercurySteam, a proven studio that over the years has created numerous phenomenal IP – including the recent hit release Metroid Dread in partnership with Nintendo. With MercurySteam’s creative vision and talent and 505 Games extensive experience, gamers can expect a high-quality, captivating and engaging videogame.

Digital Bros is investing €27 million in MercurySteam for the development of Project Iron. So what does that mean for their potential future involvement in Metroid? It’s really too early to say. Project Iron will certainly take up much of their time and energy, but the studio has handled two projects at once in the past. Samus Returns and Spacelords were both released in 2017, for example. Additionally, the €27 million investment may allow them to scale up their workforce, which consisted of 160 employees as of 2020.


Ben Lamoreux
Nintendo Enthusiast's Managing Editor. I grew up on Super Nintendo and never stopped playing. Been writing video game news, opinions, reviews, and interviews professionally for over a decade. Favorite franchises include Zelda, Metroid, and Mother.