A “paper announcement” was made at the State of Unreal presentation. The Tomb Raider franchise will get a new game about the adventures of the tomb raider: “Where will Lara Croft’s journey take her next?”.
At the same time, they did not specify what kind of game it would be — not a single frame was shown.
Regarding the project, the announcement uses the phrasing “the next Tomb Raider”.
There are no other details yet, apart from the Unreal Engine 5 engine and Crystal Dynamics’ involvement in creating the game.
The last mainline game in the series, Shadow of the Tomb Raider, was released in 2018.