maybe we have reached the limits of air cooling? but the NH-U12A is impressive and smaller than the d15 but close in performance so maybe there is a little room for improvement on the d15?
I'm certain that D15 successors were shown at trade shows years ago, and if memory serves correctly, Gamers Nexus touched on this with Noctua when it failed to materialise after being shown and the explanation was that basically there wasn't enough benefit to warrant its existence.
There's been some triple radiator type air heatsinks as well, but again, I think the gains weren't that significant over a D15.
With all that said a quick google has just shown that Noctua plans to release it in Q1 of this year: https://overclock3d.net/news/cases_cooling/noctua_has_delayed_its_nh-d15_successor_to_q1_2023/1