Yup, They are making another one. I think they’ll keep making them until we stop watching. This one, titled, ‘Sharknado: The 4th Awakens’, doesn’t seem to take place in space as you’d expect, but in Vegas. That definitely seems to explain the film’s tagline: “What Happens in Vegas, Stays in Vegas. Unless what happens is a Sharknado.”
I’ve got no idea what happens in this movie, but I’m not actually sure what happened in the last three. I just know that it hits SyFy on July 31st, and it features a male stripper crotch bumping a shark.