Swedish Just Cause developer Avalanche Studios appears to have switched its focus entirely to next-generation hardware.
Studio founder Christofer Sundberg released the picture of console dev kits above, saying: "We're shipping 'em back. Going next-gen on your asses."
Last year Avalanche established a New York-based studio to focus on "large-scale, online-enabled original IP for next-generation consoles, handhelds and PC". Its main project was described as an "unannounced AAA title" targeted for release on next-gen platforms in 2014.
Hopefully an official Just Cause 3 announcement isn't too far off.