Gearbox Software set social media ablaze yesterday when the studio released a teaser trailer for “Borderlands 3.” The 1:36 long video didn’t reveal much, but it did tell fans to expect an announcement on the game on Thursday afternoon. At 2 pm EDT, Gearbox began its PAX East panel, where it officially revealed the new installment to the Borderlands franchise: “Borderlands 3.”

“Borderlands 3” wasn’t the only “Borderlands” news announced during today’s panel. After selling over 26M copies since the original installment hit shelves, the game is getting a film adaptation from Lionsgate. Gearbox also announced “Bulletstorm: Duke of Switch,” “Pathologic 2,” and “Risk of Rain 2.”

Original titles in the Borderlands franchise will be getting visual updates and a few added extras. Gearbox is releasing “Borderlands: The Handsome Collection” worldwide on all platforms. That collection is launching next week, and it includes “Borderlands,” “Borderlands 2,” and “Borderlands: The Pre-Sequel” and supports PS4 Pro Enhanced and Xbox One X Enhanced with 4K Ultra HD and HDR. So get your fancy TVs ready for looting. The game hits Windows PC via Steam, PlayStation 4, and Xbox One on April 3 if you’re interested, but fans were most excited to watch the big Borderlands 3 trailer that was released today.

The first installment to the series released back in 2009 and “Borderlands” quickly became a hit with the loot-shooter fanbase. A sequel released in 2012 called “Borderlands 2,” introducing new characters and an expanded world. That’s when the franchise started to stall, and instead of moving on to Borderlands 3, the studio began to release side-projects.

2K released “Borderlands: Legends” on iOS devices to coincide with the release of “Borderlands 2.” The studio was hoping to capitalize on the growing casual market on mobile devices, but the game quickly sputtered out. “Borderlands: The Pre-Sequel” did well on the sales charts but the game wasn’t as well-received as the previous two installments. “Borderlands: The Pre-Sequel” introduces some new characters and new locations, but borrowed heavily from “Borderlands 2” without updating many of the game’s mechanics or graphics.

The next project was “Tales from the Borderlands,” an episodic adventure released from Telltale Games after that studio found terrific success with “The Walking Dead” series. Only five episodes were published for the series before “Tales from the Borderlands” was shut down. One of the last Borderlands projects was “Borderlands Online,” a doomed China-exclusive that was published and operated by Shanda Games. The game was scheduled to release in 2015 but the 2K China studio was eventually shuttered entirely.

“Borderlands 3” seems to be fixing the issues that fans had with “Borderlands: The Pre-Sequel.” The game is launching on a new game engine and will introduce new characters and new locations. We will have to wait a little longer to get a hands-on look at the game, but fans on social media already seem excited to start blasting through the new installment.

Want another trailer? You can find more Game Trailers to watch.

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