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Microprose owns Falcon again. I don't think there's much official information yet, but Falcon does have a dedicated spot on their official Discord with the Falcon 5 developer chiming in now and then.

https://steamcommunity.com/groups/microprose/announcements/d...

I tried it at a game show last year. At least a demo with VR headset and full cockpit.

1. The Microprose brand has been resurrected focused on reviving classic 90s and 2000s sim type games. They gave an interview in PC Pilot magazine a while back confirming they were working on Falcon 5, which will be an F-16 and F-35 sim, sitting between War Thunder and DCS World on the realism scale.

2. Meanwhile the fans have modded Falcon 4.0 into a modern F-16 and F-15 simulator comparable in many ways to sims like DCS World: https://www.youtube.com/watch?v=wY4lHUJ1ft0

Falcon 4.0 BMS is probably the best F16 simulator out there right now and it's 'free'