Ace Combat 7 will launch next year and would have players on the cockpit of the most advanced warplanes developed so far.
The PSX announcement also came with the trailer:
The official announcement comes with these info:
ACE COMBAT 7 offers photo-realistic visuals, intense dog-fighting action, a multitude of authentic and futuristic aircraft with an immersive story-line and support for PlayStation® VR! Leveraging the power of the newest generation gaming hardware, ACE COMBAT 7 will blow players away with the evolution of its graphics engine. Beautifully rendered cloud-filled skies and highly detailed cityscapes enhance the sense of unparalleled speed and set the stage for the most engaging aerial battles in the franchise’s storied 20 year history. ACE COMBAT 7 will provide an arsenal of ultra-modern super weapons and formidable enemies that the series is known for!