Is the anime series Infinite Stratos going to continue or are they done?

We mentioned that Eight Bit did not have the source material for the second season in 2013. The studio now has many new LN editions that can be used to . The show's popularity has led to an increase in sales of LN editions.
A petition was signed by thousands of anime fans to renew the show. Also, we must remember that the studio was very profitable with both Infinite Stratos's previous installments. This isn't the only anime facing this problem. The studio must now work on Season 3.