Bungie has finally dropped the details on their new venture entitled "Bungie Aerospace" and unlike what some may have thought, it is not a new game.

Bungie Aerospace will be a new venture where the studio will team up with independent developers and create games for mobile devices and social media services.

"Bungie has always been passionate about making and playing great games, regardless of platform," said Pete Parsons, Bungie COO. "Bungie Aerospace will allow us to explore game creation in multiple formats with some amazingly talented teams". 

The studio's first title to be revealed is "Crimson" which will be released this summer on iOS and Android devices.

Click here to read the full press release.