Earlier this year a development team based in Germany released a brand new shmup title for the NeoGeo MVS called Fast Striker. The game has been well received at several Japanese game centers and they even released some new software for the game (it can be updated via a USB stick) to offer new modes for extreme bullet hell players.
NG:DEV TEAM isn’t done supporting the MVS yet as they have announced a very limited run of carts for their Dreamcast based shmup Last Hope. The MVS version called Last Hope Pink Bullets is a side scrolling shooter in the vein of something like Blazing Star or R-Type and uses NG:DEVTEAM’s new MVS cart design which allows for USB upgrades down the road. Here is a trailer of Last Hope for the Dreamcast.
More details on the game including ordering info can be found @ NG:DEV.DIRECT
Speaking of Dreamcast ports to the arcade, I wonder if Duranik, the team behind the upcoming shmup Strumwind for the DC would consider doing an Atomiswave port?