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Rumor: Factor 5 was working on a sci-fi PS3 exclusive

After Lair tanked, things haven't been going all too well for Factor 5. In fact, things got so bad that the company's North American arm was severed not too long ago. Along with the loss of that studio came the loss of the games it was working on -- specifically the one pictured above.

The image comes courtesy of Unseen64, which got a hold of a whole set of concept art from Factor 5's canceled and untitled PS3 exclusive. Looking closely at the artwork, it's obvious Factor 5 was working on some sort of space-age odyssey, which appears to most resemble a shooter, or even possibly an RPG. Maybe both ... like a Mass Effect equivalent for PS3, perhaps.