The game comes from Housemarque, responsible for the Super Stardust: Delta and Resogun, which Sony describes as its "favourite arcade action masters".
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Ian Pickles from XDEV Studios Europe, said: "Using agility and powerful weaponry you must explore this new world and utilise your own control over the Smart Matter to uncover the mystery of this new threat and save the day before it threatens the very existence of the human race."
It seems the special effects of MatterFall are a key draw for players – the MatterFall official trailer (above) is not one to miss. And no, this is not Vanquish 2, as much as some of you might want it to be.
"Expect over the top action through a vivid sci-fi world and all the addictive, lightning fast arcade gameplay that you would expect from our friends at Housemarque, the veteran team behind PlayStation classics Resogun, Dead Nation and Super Stardust," added Pickles.
MatterFall release date rumours and platforms
If you were hoping to get Matterfall in your stocking over Christmas then you would have been pretty disappointed to open all your presents and find it not there.
That's right, there's no official MatterFall release date just yet. We expect it will arrive around November in 2016 and that's if there are no delays. GAME lists Matterfall as 'TBC-2016'. We'll update this page when we hear anything more, official or unofficial.
In terms of platforms, MatterFall has been announced for the PS4 only at the moment but that doesn't mean it will never arrive on Xbox One or PC.
MatterFall price and pre-order
Despite not having a release date, we have a preliminary price for Matterfall via GAME. The popular site has Matterfall up for pre-order at £49.99.