PUBG: Black Budget revealed, closed alpha test signups are open

Krafton has announced PUBG: Black Budget, an extraction shooter built around tension, survival, and the unknown. Join a classified operation and uncover the secrets of a mysterious island trapped in a time loop – and the longer you stay, the harder it is to make it out alive.

The closed alpha test for PUBG: Black Budget is planned for December 2025 and is on PC only across Europe, Asia, and North America. Only FPP will be supported for the test. Applications are open on the Steam store page. 

Here is an overview of PUBG: Black Budget via Steam

Designed as an FPP-first experience, PUBG: Black Budget is a tactical extraction shooter built around tension, survival, and the unknown.

You are a Contractor, a hardened veteran hired for a classified operation on an island at the edge of the world. Your mission is to recover top-secret technology from an abandoned research facility. But there’s a catch: the island is trapped in a time loop, consumed by a supernatural phenomenon known as the Anomaly. Extract artifacts, research your findings, and uncover the truth behind the black-budget initiative, SAPIENS.

In between missions, you’ll expand your personal Base, craft new equipment, and improve your character’s skills and proficiencies. Prepare to face PvPvE threats in an environment that grows more unpredictable with every loop – and the longer you stay, the harder it is to make it out alive.

PUBG: Black Budget Screenshots