Casey Hudson, former head of BioWare and director of the original Mass Effect trilogy, discussed the future of the series during this year's N7 Day. He remains optimistic, believing that Mass Effect will one day make a "triumphant return," though he clarified that this is his personal belief rather than an announcement of a new title from EA.
Following the closure of BioWare and the cancellation of the Mass Effect: Universe project, November 7th's N7 Day, originally intended to celebrate the series and discuss its future, was seen by many players as a farewell to Mass Effect. Hudson admitted that it was even difficult for him to casually wish everyone a "Happy N7 Day" this year.
Players have since shown their support through petitions, memorial events, and by setting up homemade tributes near EA's offices. Hudson believes that the long-standing affection for the series from players around the world could be a significant force in securing new opportunities for Mass Effect in the future.
Hudson is currently working on the sci-fi project Star Wars: Fate of the Old Republic. As for Mass Effect, there is currently no information regarding a new development team, project initiation, production status, or release window.