Remedy's multiplayer Control spinoff, formerly known as Project Condor, was officially unveiled today as FBC: Firebreak, which game director Mike Kayatta pointedly stated "is not Control DLC and it’s definitely not a Control sequel."
FBC: Firebreak is a three-player co-op FPS set in The Oldest House, the weird, ever-shifting headquarters of the Federal Bureau of Control. Players will step into the boots of "fearless first responders" dealing with the various problems that pop up—but since you're lacking the paranormal abilities of FBC chief Jesse Faden, you'll have to rely on more practical methods of getting things done: Guns, grenades, and blunt instruments of various sorts.