The studio wants to grow both franchises to have "an ability to generate revenues and profits at a high level."
The Finnish game developer will handle publishing, marketing, distribution and other rights for Condor and Control 2 going forward.
The three projects will have an "increased development pace" thanks to personnel freed up from the launch of Alan Wake 2.
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The sequel to the 2019 action-adventure title is currently in the proof-of-concept stage, with Remedy having "ambitious" plans.
On Condor, Remedy says it is "now in a better position to create a game players can engage with for years."
"We are setting things up that will play a role in the future of the Remedy Connected universe," says writer and creative director Sam Lake.
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"Codename Condor, together with Control 2, will expand the Control brand, which will be one of Remedy’s cornerstones for years to come," the studio says.
Starting with Alan Wake 2 in 2023, Remedy Entertainment plans to release a new game ever year, on top of "additional free and paid content."
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Remedy Entertainment has confirmed that Codename Heron is a "full-blown" sequel to Control, and it's being co-developed and co-published with 505 Games.
Codename Condor is a spin-off of the Control series, while Heron is a "bigger budget" Control title. Vanguard is a F2P title developed with Tencent.
Codename Vanguard and Condor are in the proof-of-concept stage with the former making "good progress" since the last quarter.
While Condor presently remains in the proof-of-concept stage, the bigger budget Control title is currently in the concept stage.
Remedy Entertainment has signed an agreement with 505 Games for the title and will also develop a "bigger-budget" Control game