Contrary to recent rumors, Prey 2 has not been canned. It is however no longer a 2012 release.
Publisher Bethesda shot over the update, saying that “development has not progressed satisfactorily this past year, and the game does not currently meet our quality standards.”
It’s further said: “We have made a substantial investment in game development to deliver the experience fans want. We are determined only to release the AAA game that fans rightfully expect, and are unwilling to compromise our quality standards to meet a release schedule.”
Unmark the calendars for now then.