SEGA and Platinum Games have announced Vanquish, an all new property in the works at the Japanese studio, helmed by Resident Evil creator Shinji Mikami.

Not much else is known about the game, including what platforms it will end up on, but at this point it's reasonably safe to assume at least PlayStation 3, Xbox 360 and perhaps PC.

Enough speculation though, watch the cinematic teaser trailer and see for yourself.