While speaking to IGN UK, Ridley Scott revealed that Neill Blomkamp's Alien 5 proposal was originally entitled Awakening! A title now being adopted for Ridley Scott's prequel to Alien: Covenant.
They wanted to do Alien, er, Awakening – Neill Blomkamp… I said fine. I was going to be the producer. If I could have, I would have. Except I do question, why have both out there? It seems like shooting your big toe off, it doesn’t make sense. But they didn’t go forward with it, Fox, so I just kind of kept out of it.
What do you think of the title? Shout out in the comments below!
Neill Blomkamp's Alien 5 project was inevitably canceled following the merger between 20th Century Fox and Disney. Blomkamp had hoped to revive characters Hicks and Ripley for a new film, rewriting the Alien timeline, chalking up Alien 3 and Resurrection to mere bad dreams. Studio executives decided to can the project and instead took the franchise in a new direction, tapping Fede Alvarez to direct Alien: Romulus.
Neill Blomkamp's Alien 5 is indefinitely shelved.

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