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The definitive consensus from recent reports is that development has ceased.
While Take-Two reportedly sold the Private Division label and its associated IPs to Haveli Investments in late 2024, there has been no public announcement regarding a new development team or a resumed timeline for KSP2. Community and Critical Reception Search results for kerbal space program 2
Public sentiment is overwhelmingly critical, characterized by a sense of betrayal among the core fanbase. The definitive consensus from recent reports is that
Intercept Games, the primary developer, was shuttered by parent company Take-Two Interactive in June 2024. the primary developer