The first details are now available for the Venom PlayStation 4 and PlayStation 3 arcade fighting stick. According to a listing from Amazon.de, the product has been officially licensed by Sony, so you do not have to worry about any compatibility issues. You can find several photos of the cross-gen accessory below this paragraph. 
The Venom arcade stick uses a “steel shaft micro switched joystick” for better responsiveness in addition to “premium quality components” to increase the durability of the product. It comes with an eight button layout along with several turbo settings. Last but not least, the accessory has a four meter USB cable and customizable faceplate (with included decals).
The Venom PlayStation 4 and PlayStation 3 arcade stick releases on the 16th of February in Germany. There haven’t been any words yet as to whether or not the same product will make its way stateside. If you want to purchase a PS4/PS3 arcade fighting stick in the United States, you should take a look at the HORI Real Arcade Pro V4 Hayabusa with this link on Amazon.
