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It wasn't officially announced, but listings for Space Invaders Extreme 2 have been popping up on Japanese retailer sites. There's even product descriptions - one odd detail being the inclusion of a bingo system. Some more info here:
Sequel most definitely in the works. Here's a bunch of screens including the Japanese box art:
According to the article, the game will support the paddle controller. In one of the screens of a bonus round, large pink colored power-ups are dropping from pink UFOs - who knows what those do. The top screen also looks a lot less cluttered and focuses mostly on the bingo card.
And if I understand Google's broken translation of one of the Japanese retailer's pages, power-ups can be leveled-up (up to 5 times) based on your score.