Last we heard Blomkamp's latest work was going to be titled Elysium, and would be on another planet. This clearly isn't that movie. Slashfilm did a little checking on the name "AGM Heartland" and found out that the name had been trademaked and is being described as:

Entertainment services by way of an online website with video, audio and textual content and images featuring characters and storylines about a fictional genetic engineering company that produces genetically engineered and altered organisms.


Which doesn't confirm any sort of feature film plans, so perhaps AGM Heartland is just a viral or online endeavor? Either way, we're very curious and eager to find out more about the little creature featured in the video. Hopefully he has lots of mutant friends.