It appears that Star Trek will boldly go where it hasn't been for several years now, the Big Box toy aisle. Playmates had been the master toy licensee for Star Trek previously, between 1992-1999, and had released official figures for the J.J. Abrams' movie in 2009. Their new license allows them to produce new action figures, vehicles, ships, and other toys based on any of the Star Trek shows. They have already announced a 2022 toy line for newer shows including Star Trek: Discovery (see "'Star Trek Discovery' S4"), Star Trek: Lower Decks, and Star Trek: Picard.
The new licensing agreement is likely more of a move by Playmates to expand its kids' toys product line than to sell toys to adult fans. Star Trek has ventured further into the kids' content space recently with shows like Nickelodeon's Star Trek: Prodigy (see "'Star Trek: Prodigy' Revealed "), and Playmates likely sees toyetic potential in this newer content. However, on the adult side of the license, the new agreement does include the Role Play toy category, which allows Playmates to produce new non-costume accessory items for the IP. In this case, a new phaser or foam Bat'leth could be coming to toy shelves in the near future.