The veteran games designer Chris Roberts is set to announce his new game at the Games Developer Conference today.
The designer is responsible for the development of a number of space combat and exploration simulators including Wing Commander, Freelancer, Privateer and Strike Commander.
He has been quietly building up a fan base through his website, Roberts Space Industries, where he has let slip a few details including a teaser video and concept art.
The announcement will take place at 3pm UK time and will be streamed live via Gamespot.
Update: It seems that a launch video has been released ahead of the official announcement!
Want to receive up-to-the-minute tech news straight to your inbox? Then click here to sign up for the completely free PCR Daily Digest and Newsflash email services. You can also follow PCR on Twitter and Facebook.