https://wccftech.com/no-mans-sky-next-gen-update-detailed-4k60fps-and-ps5-support-for-dualsense-tempest-3d-audio/

Hello Games revealed today that a No Man's Sky Next-Gen update is under preparation and will be released on the respective launch days for Sony's PlayStation 5 and Microsoft's Xbox Series S/X next month. While this year was already full of surprises for No Man's Sky fans (Living Ships, Exo Mech, Desolation, Cross-Play, Game Pass, and Origins), the developers are calling this their biggest undertaking yet.

First of all, existing customers on PlayStation 4 and Xbox One will be able to upgrade to No Man's Sky Next-Gen for free as well as retain their existing progress through saves.