UE5 The Witcher Remake Announced

A tweet from CD PROJEKT RED announces a collaboration with Fool's Theory to create a remake of the original version of The Witcher using Unreal Engine 5. Word is this is still in the early stages, but this page has first details. Turns out this is the project (projekt?) that was recently teased with the codename Project Canis Majoris. Here's more:
We are thrilled to announce that The Witcher Remake is being worked on! That's right, the game that started it all is being rebuilt from the ground up in Unreal Engine 5.

The game is currently in the early stages of development at the Polish studio Fool’s Theory, where veteran Witcher series staff are involved. We, as CD PROJEKT RED, are providing full creative supervision.

The Witcher Remake is what you might know by the codename “Canis Majoris”. It’s still early and we want to ensure that the game is created with the utmost care and attention to detail, therefore, while we’re excited to share the news with you, we want to ask you for patience as it will be a while until we start talking about this project in detail.