Former founder Drew McCoy and fellow Respawn alumni programmer Jon Shiring have announced a new AAA studio called Gravity Well, which will look at using the hardware potential of next-gen consoles to innovate the AAA game space.

In an interview with GamesIndustry.biz, via Wccftech, McCoy has talked about the new studio's top-level game goals, and how it aims to use the new generation of hardware. With Gravity Well's founding, the focus is on finding new ways to do things--starting with its flexible work structure and going all the way through to how their games will be designed.

"We feel that the AAA space is losing the hunt a bit in terms of finding new things," McCoy explained in the interview. "When you look back, big explosive growth in a genre or in the industry itself doesn't usually come from an iteration on a thing that already existed; it comes from a new thing that hasn't been seen before... It probably means we will fail finding big massive hits sometimes, and that's okay because you're not always going to land perfectly."