Did Lost Planet 2 did well enough to get a sequel? I guess so as we have a leaked trailer for Lost Planet 3. It looks like it's back in the snow for the third go around. The trailer's just a CG movie and no gameplay, but expect it to use the Unreal engine.
The trailer states that Spark Unlimited is working on the game. For those who don't know, they also did Turning Point: Fall of Man and Legendary. Interesting that Capcom won't be developing this in house, but we'll see how Spark does with Lost Planet 3. I guess Spark Unlimited can take off one of those Unannounced projects they have up there now.