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Unreal Engine 5 was released in early access on May 26, 2021.
Unreal Engine 5 brought significant improvements over its predecessor, including new features like Nanite virtualized geometry system, which allows for high-detail visual fidelity that scales with resolution, and Lumen, a fully dynamic global illumination solution that immediately reacts to scene and light changes.
For developers excited about integrating these cutting-edge features into their projects, the transition process from UE4 to UE5 has been designed to be as seamless as possible by Epic Games.