According to Famitsu magazine and Hachima Kikou, Valkyria Chronicles Remaster will be released in Japan on February 10. Meanwhile, the new game in the series, titled Valkyria: Azure Revolutuion, will be developed by Media Vision and will be available in late 2016. No information about the release of both titles to the West.
Here's a description of Valkyria: Azure Revolution: "With the discovery of blue crystal Ragnite, the mighty Rush Empire has achieved rapid development and expanded its territory. Jutland, a small country, is economically blockaded by the great nation. In order to defend itself, independence and freedom in the region, Jutland attacks the Empire army base."
Azure Revolution will have Hamlet as protagonist, Ophelia as heroin and Brynhildr as a Valkyria who "is before the heroes." The game will feature a watercolor style and will offer a real-time battle system. A demonstration of the new game will be available on the remastering of Valkyria Chronicles.
Today was revelated through Dengeki Plasytation by a interview with Valkyria: Azure Revolution director Takeshi Ozawa and chief producer Youichi Shimosato, that the upcoming RPG features permanent death.
According to Ozawa, the game includes the permanent death system, ie if your character dies in battle, it is lost forever. And the player will be motivated to prevent this from happening, because there will be stories and events for all the characters, regardless of their importance.
But if the character dies, the main story will continue smoothly, only the events related to him/her will not happen. However, to help players, it seems that there will be a system to try again, so you can try the battle once again and not let the character die.
Sources: Gematsu / IGN Brazil / PS3Brazil