The Square Enix Blog has details on the release of VALKYRIE ELYSIUM, saying the action/RPG will arrive on Steam on November 11th. This will be the fifth game in the series and its third console release, but the first time it will appear on PC. Here's a new Release Date Trailer and here's more on the game:
VALKYRIE ELYSIUM is a new action RPG that features an evocative world inspired by Norse mythology, excitingly fast-paced real-time combat, beautiful visuals, and a stunning soundtrack by series composer Motoi Sakuraba.

The game includes many of the VALKYRIE SERIES’ defining elements: imaginative worlds, combo-based battle systems and summonable ‘Einherjar’ to assist you in combat. It fuses these with bold new ideas, including a thrillingly fast-paced and strategic action-based battle system, to create an excitingly fresh take on the acclaimed series.