Sony has officially unveiled the PlayStation 5, the company’s next generation gaming console planned for launch ‘later this year.’

In a new video presentation titled ‘The Future of Gaming,’ Sony also revealed the PlayStation 5 will be available in two models.

One model will include a standard a disc drive, while a second option, called ‘PlayStation 5 Digital Edition,’ will lack a disc drive and likely only play games downloaded over the internet but not physical discs bought in stores.

Sony did not announce a price point or launch date, but said it still plans to release the PlayStation 5 before the end of the year.

‘Today’s the day we’ve been looking forward to for years, where we get to show you just the games that demonstrate our belief that PlayStation 5 marks the biggest generational transition has yet seen,’ Jim Ryan, Sony Interactive Entertainment President and CEO, said.

Sony unveiled a range of new games being developed for PlayStation 5, including new entries in familiar franchises such as Resident Evil Village, Gran Turismo 7, Ratchet & Clank: Rift Apart, Horizon 2: Forbidden West, and Spider-Man: Miles Morales.

Sony also revealed a selection of accessories that will be available for PS5, including a wireless charging station for its DualSense controllers, a media remote control for those who want to use it to stream video, and PlayStation-branded over-the-ear headphones with 3D audio support.

The console with feature an 8-coreAMD Zen 2 CPU, a powerful AMD RNDA 2 graphics processor, 3D audio output, and a speedy solid-state drive that will help games load faster.