Source: Xbox

If you happened to be awake at 3 a.m. ET Monday morning, you may have caught some major late-night news from Xbox on Twitter: The Xbox Series X isn’t the only new Xbox console on the way.

Say hello to the Xbox Series S, another next-gen system which is “the smallest Xbox ever” and will retail for $299.

UPDATE:

On Sept. 9, Xbox revealed full pricing and release details for both the Series S and the previously announced Xbox Series X. Both systems will launch on Nov. 10, as previously rumored, and the Series X will retail for $499. Preorders for both consoles will start on Sept. 22.

Instead of paying the full price of the console upfront, players can choose to pay in 24 monthly installments with Xbox All Access, which gives players access to both the new console and 24 months of Xbox Game Pass Ultimate. The Xbox Series S monthly fee starts at $24.99, while the Series X starts at $34.99.

Check out a reveal trailer for the all-digital Series S console below, and click here for even more details about the next-gen consoles!