Simon Stålenhag is a Swedish artist who rose to fame with his atmospheric paintings merging 1980s nostalgia and hard-edged SF technology, forming a coherent universe in the art books Tales from the Loop (2014) and Things from the Flood (2016). This universe was adapted for television by Amazon earlier this year, and is also the source of a popular roleplaying game.
The Electric State (2018) takes place in a new setting and follows a young girl and her robotic companion traversing the fictional, near-future, somewhat post-apocalyptic state of Pacifica. It's not a novel as such, instead telling the story through static pictures. This gives the adapting team a lot of leeway in how to translate the images to the screen.
Joe and Anthony Russo are, of course, the directing team behind Captain America: The Winter Soldier, Captain America: Civil War, The Avengers: Infinity War and The Avengers: Endgame. Markus and McFeely are the writers of the same films. Universal are producing the film with a guaranteed theatrical debut.