Unigine Engine developers today announced Unigine 2.2. This new engine update for games, simulators, and more features a new water with geometric waves implementation, tile rendering optimizations, area lights, planar reflections, improved shadows, scripting improvements, upgraded Oculus VR support, a new oil rig demo, and a ton of other exciting work. Unigine 2 is already incredibly beautiful while Unigine 2.2 makes things even better.
More details on Unigine 2.2 can be found via this development log posting. Sadly, I've heard nothing new from Unigine Corp on when they'll be able to put out a new, Unigine2-powered tech demo / benchmark.