A little bit more than 2 years ago, I wrote that Elite IV was announced on PS3 and Xbox360. Today still nothing new to chew, see what people think about this vaporware on Frontier's forums (funny).

Happily, it's still possible to play Elite if you have an Android phone or a Nintendo DS (or even a GBA), thanks to DS-Elite. DS-Elite is an interpretation of Elite A, a version of Elite modified by Angus J. C. Duggan made available in the mid 1990s. Elite was originally written by David Braben and Ian Bell in 1984 for the BBC Microcomputer.

If you are interested in a new Elite game, take a look at Pioneer (alpha stage though).