Are they making a new PSP?

Excuse me, could you clarify what you mean by "PSP"? Are you referring to a Portable Storage Platform, a type of hardware used for storing and transporting data? Or are you referring to a PlayStation Portable, a handheld gaming console? If you're asking about the latter, my understanding is that Sony has not announced any plans for a new PlayStation Portable model at this time. However, the company has released several iterations of its PlayStation handheld gaming devices since the original PSP, so it's possible that they may release a new model in the future. If you're referring to a different type of PSP, please provide more context so I can give you a more accurate answer.