Jcam Technologies has been working on a new custom game engine by the name of Jcam Engine 2. It is to be released as an open source engine.
So far, we have physics and lighting working in the engine. Model loading and terrain generation is on its way.
For now, you can check out this demo!
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You can also support the development of this engine!
http://www.indiegogo.com/projects/jcam-engine-2
Thank you for reading! I will update this post with further announcements having to do with engine development. I also update the twitter daily! http://www.twitter.com/jcamtech