Krafton, also known as PUBG Corporation, Inc., is a privately owned company headquartered in South Korea. Founded in 2009 and operating with approximately 1,790 employees, the company functions as a collective of independent game development studios. This collective includes PUBG Studio, Bluehole Studio, Striking Distance Studios, RisingWings, and Dreamotion, each contributing to entertainment properties such as PUBG: BATTLEGROUNDS, PUBG: NEW STATE, The Callisto Protocol, TERA, and ELYON. Krafton is a technology-driven entity focused on entertainment experiences, with an aim to expand its business into multimedia entertainment and deep learning.
Unknown Worlds confirmed on May 1, 2026, that Krafton continues to co-publish *Subnautica 2*, clearing up speculation that arose after Krafton's name disappeared from the game's Steam page. This follows Krafton's announcement on April 30, 2026, of record Q1 2026 earnings, with revenue reaching KRW 1.3714 trillion and operating profit hitting KRW 561.6 billion, representing all-time highs for both metrics in a single quarter. The company attributed strong engagement from *BGMI* in India as a significant driver of these results. Earlier on April 30, the delay of *Subnautica 2*'s early access, originally planned for the second half of 2025, was also noted, with Krafton having postponed it to avoid a $250 million bonus payout to the co-founders of developer Unknown Worlds.
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