Unfortunately hell is still as hot as ever and Homeworld 3 is still not looking likely to happen in the near future. Why? Well... - Sierra/Vivendi Universal (VU Games) own the rights to the Homeworld Universe as a part of the original publishing deal for Homeworld. - Relic Entertainment is the developer of Homeworld and Homeworld 2. - Barking Dog is the developer of Homeworld:Cataclysm. - Neither Relic Entertainment or Barking Dog (who were bought out by Rockstar Games Canada) are able to make another Homeworld game unless hired to do so by Sierra/VU. After the release of Homeworld 2, Relic Entertainment were purchased by publisher THQ, and now exclusively make games for them. - The CEO of Relic Entertainment and originator of Homeworld, Alex Garden, has left Relic and THQ to pursue other projects. - As THQ do not own the rights to the Homeworld Universe, it is extremely unlikely (read: not going to happen) that Relic will make another Homeworld game (if they even wanted to). - It is also extremely unlikely that Sierra/VU Games will hire another publisher to make another Homeworld game. In a nutshell, it is extremely unlikely that we will ever see a Homeworld 3. I'm not going to say it will never happen, as they do have a habit of reviving movies & games years later (see Battlestar Galactica for instance), but I highly doubt that it is going to happen in the very near future.