Subnautica 2’s court drama just blew up Krafton’s plan — and the Early Access date is now in play

Subnautica 2’s court drama just blew up Krafton’s plan — and the Early Access date is now in play

ethan Smith·3/21/2026·9 min read

Subnautica 2 didn’t just escape development hell – a judge basically padlocked the door behind it and handed the keys back to the original captain. But the fight over who gets to decide its Early Access date isn’t over, and Krafton is still pushing its luck.

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Key takeaways

  • A Delaware court ruled Krafton illegally ousted Unknown Worlds’ leadership to dodge up to $250 million in bonus payments tied to Subnautica 2’s performance.
  • CEO Ted Gill has been reinstated with “full operating authority” over Unknown Worlds and Subnautica 2, including when and how Early Access launches on Steam.
  • The earn-out deadline has been pushed to 15 September 2026, with a six-month extension option, reducing pressure to rush a half-baked Early Access build.
  • Krafton’s post‑ruling move to float a May 2026 Early Access date without consulting Gill has already triggered fresh legal fire over who actually calls the shots.

The court didn’t just restore a CEO – it called out a bonus-dodging power grab

This whole mess started the moment Subnautica 2 looked like a guaranteed win. Unknown Worlds’ owners – Krafton, of PUBG fame — had an agreement: if the studio hit certain revenue targets, key staff could earn up to $250 million in “productivity” bonuses tied to Subnautica 2.

According to court findings reported by outlets including Eurogamer and PC Gamer, Krafton’s leadership panicked at how generous that deal suddenly looked. Internal forecasts suggested those bonuses were likely to trigger. Instead of eating the cost, Krafton allegedly tried to make the obligation disappear: fire the “key employees,” seize control of the studio, and conveniently delay Subnautica 2’s success beyond the bonus window.

It got worse. In testimony highlighted by Eurogamer, Krafton’s CEO was accused of literally asking ChatGPT to brainstorm ways to avoid paying the bonus. You don’t do that if you’re acting in good faith; you do that when you’re looking for a pretext.

The Delaware Court of Chancery was not impressed. On 16 March, Vice Chancellor Lori Will ruled that Krafton breached its Equity Purchase Agreement by firing CEO Ted Gill and other key leaders “without valid Cause” and by improperly seizing operational control of Unknown Worlds. The board resolution that removed them was declared ineffective. Legally, it’s as if the coup never happened.

The remedy is blunt: Gill is reinstated as CEO with full authority over the studio. Krafton must restore his access to all platforms and systems. Most importantly for Subnautica 2, the court explicitly says Krafton can’t interfere with his decisions around Early Access on Steam.

Screenshot from Subnautica 2
Screenshot from Subnautica 2

To make the bonus fight fair again, the judge also reset the clock. The earn‑out deadline now runs to 15 September 2026, and Gill’s side can unilaterally tack on another six months. On top of that, the ruling leaves room for further financial penalties if Krafton’s interim meddling ends up hurting Subnautica 2’s revenues.

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For players, the headline coming out of German site GameStar was simple: Subnautica 2, currently one of Steam’s most wishlisted games, is targeting an Early Access launch in May 2026. That would finally give a concrete window after months of limbo.

The problem? The guy who legally decides that date says he found out from the internet like everyone else.

PC Gamer and Eurogamer both report that a day after the ruling, Krafton pushed out messaging — via an internal note and public statements from interim boss Steve Papoutsis — pointing to May 2026 for Early Access. Those comments were framed as looking forward to “working with Ted Gill” on a smooth transition, which sounded like Krafton accepting the court’s decision.

PC Gamer and Eurogamer both report that a day after the ruling, Krafton pushed out messaging — via an internal note and public statements from interim boss Steve Papoutsis — pointing to May 2026 for Early Access. Those comments were framed as looking forward to “working with Ted Gill” on a smooth transition, which sounded like Krafton accepting the court’s decision.

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Screenshot from Subnautica 2
Screenshot from Subnautica 2

Gill’s camp sees it very differently. In a letter to the court, his lawyers say Papoutsis had no authority to set or even float a date and accuse Krafton of “intentionally leaking” the May window in defiance of the ruling. They’re now pushing for Krafton to be held in contempt for undermining the relief the judge just granted.

This isn’t just a bruised ego thing. Locking in a public month for Early Access dictates marketing beats, community testing, and how long the team has to get core systems stable — especially for a co-op survival game that’s expected to live or die on word of mouth. If Gill wants a different window, he now has to either stick to a date someone else blurted out, or publicly walk it back and eat the confusion.

Practically, all four coverage sources agree on one point: Subnautica 2 is still aiming at a 2026 Early Access release on Steam. Whether “May” survives once Gill fully reasserts control is now as much a legal question as a production one.

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What this actually means for the game you’ll play

Beneath all the corporate drama, this ruling quietly makes Subnautica 2 more likely to feel like a true successor to the original, not a KPI-driven content treadmill.

The first Subnautica thrived in Early Access because Unknown Worlds was free to iterate with its community, not on a shareholder’s quarterly schedule. The court just restored that dynamic. Gill is back in charge, and the ruling effectively lets him bring back other ousted leaders like series creator Charlie Cleveland and special projects director Max McGuire — the people who actually built the thing fans fell in love with.

Screenshot from Subnautica 2
Screenshot from Subnautica 2

The extended bonus window also matters more than it sounds. Before, Krafton had a giant financial incentive to drag its feet, miss the deadline, then enjoy Subnautica 2’s success without paying the bill. Now, the timeline reaches well into late 2026 or beyond, giving Unknown Worlds space to ship a strong Early Access build, let it grow, and still hit the earn‑out. Rushing out a buggy May release just to start recouping cash makes less sense when mismanaging that launch could lead to even more damages in court.

The downside: a year of legal trench warfare doesn’t come for free. The game originally targeted Early Access in 2025; that’s gone. Morale took a hit, leadership was yanked around, and planning turned into guesswork while a judge decided who actually ran the studio. Even with the “good guys win” narrative, some lost time and wasted energy are baked in.

If you’re a player, though, this is about trade‑offs. You might wait a bit longer, but you’re now far less likely to be buying into a compromised version of Subnautica 2 that exists mainly to patch a publisher’s balance sheet.

What to watch next

  • The next official Early Access statement from Unknown Worlds itself — not Krafton, not an “internal note.” When Gill puts his name on a window (or a delay), that’s the real date.
  • Any contempt ruling out of Delaware — if the judge decides Krafton’s May leak crossed the line, expect stricter limits on how much the publisher can touch Subnautica 2’s rollout.
  • A revised roadmap on Steam — a clear Early Access feature plan and community testing schedule will show whether the team is back to building the game, not just fighting about it.
  • Late 2025 updates — by then, we should see either concrete May 2026 preparations or a new timeline that reflects Gill’s actual strategy.
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TL;DR

A Delaware court slapped Krafton for illegally firing Unknown Worlds’ leaders to dodge up to $250 million in Subnautica 2 bonuses and ordered CEO Ted Gill reinstated with full control, including over Early Access timing. The ruling extends the bonus deadline into late 2026 and leaves the door open for more penalties if Krafton’s meddling hurt the game’s revenues, making it harder to strong‑arm the studio into a rushed launch. Subnautica 2 is still targeting a 2026 Early Access release on Steam, but whether that happens in May — and under whose banner — will tell you who’s really in charge.

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ethan Smith
Published 3/21/2026 · Updated 3/27/2026
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