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Panic Stations

Develops humorous, physics-based online co-op games

Overview

Panic Stations is a UK-based game studio focused on making online cooperative multiplayer games with heavy physics-based gameplay. They design and release several titles each year, using fast development cycles to deliver shared, silly, slapstick experiences that emphasize teamwork and social connection rather than competition. The company is formed by veterans from Mediatonic (creators of Fall Guys) and operates under Skeleton Crew, a collective that supports small, creative studios. Their games aim to provide humorous, accessible fun and foster collaboration among players, with a distinctive pigeon branding. The goal is to move away from battle royale formats and build a portfolio of lightweight, cooperative titles that bring people together online.

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About Panic Stations

Simplify's Rating
Why Panic Stations is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer SoftwareEntertainmentGaming

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

2025

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What believers are saying

  • Xbox Game Pass and Play Anywhere exposed Frog Sqwad to millions in June 2026.
  • PS5 and Switch 2 launches on October 28, 2026 expanded addressable players.
  • Xbox noted over 300,000 players entered Frog Sqwad, validating Panic Stations’ co-op formula.

What critics are saying

  • Frog Sqwad launched June 11, 2026; one-hit dependence makes Panic Stations fragile.
  • Friendslop hits like Peak and REPO intensify discovery costs before Q1 2027.
  • If future launches miss 12-month targets, Skeleton Crew’s model loses its core advantage.

What makes Panic Stations unique

  • Paul Croft’s Mediatonic team shipped Frog Sqwad in twelve months, proving velocity.
  • Panic Stations combines Fall Guys-era design, art, and community expertise under one roof.
  • Skeleton Crew backs tiny teams building slapstick co-op games, not bloated live-service projects.

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Company News

TrueAchievements
Mar 26th, 2026
Frog Sqwad hops onto Xbox Game Pass in June.

Frog Sqwad hops onto Xbox Game Pass in June. During the Xbox Partner Preview, developer Panic Stations revealed that its slapstick platformer Frog Sqwad will launch into Xbox Game Pass later this year. Check out your custom TrueAchievements profile Enter your Gamertag and start tracking your stats Published 4 hours ago Followtopics It's good news for those who are fans of multiplayer physics-based platformers, as Frog Sqwad joins Xbox Game Pass for Xbox Series X|S and PC in June. The day-one Game Pass title will also support Xbox Play Anywhere. While the Frog Sqwad achievements remain a mystery, Trueachievements do know a little about the game. Described by its developer as a "co-op extraction puzzle-platformer," you will team up with up to seven other froggy friends to explore the sewers to find food for the Swamp King. Using your tongue, you must work with your pals to swing from pipes, solve physics-based puzzles, and drag food through levels for your frog monarch. Judging by the trailer above, Frog Sqwad will be a must for fans of 'friendslop' games. While Trueachievements don't really have many on Xbox, friendslop titles such as Peak, RV There Yet, and Repo have become massive hits over on PC, so it will be interesting to see where this one lands when it does launch in June. Will you be checking out Frog Sqwad? Let Trueachievements know down in the comments! If you missed, Hades 2 was also confirmed for Xbox Game Pass during the Xbox Partner Preview. Sean loves Xbox achievements and is committed to playing as many of the best RPGs, racing games, and first-person shooters on Xbox Game Pass as possible. Before joining TrueAchievements, Sean earned a degree in journalism from Solent University. Enjoy its Xbox coverage? Add TrueAchievements as a Preferred Source on Google News to see its Xbox stories, achievement guides, and data analysis in your feed.

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