"Below is indeed coming in 2016," Capy president Nathan Vella told Game Informer. "Past that I can't share much, yet. We'll certainly have a lot more content to show and news to share in the new year."
Microsoft said at Gamescom 2014 that Below was set to be released in 2015 on Xbox One; Capy had previously confirmed the game is also in development on Windows PC. The studio announced the game during Microsoft's E3 2013 press briefing.
For more on Below, you can check out a gameplay demo and interview with Capy from E3 2014, well, below.