Announcement trailer: http://www.youtube.com/watch?v=hfbzvzW12Zw
Video interview and preview: http://www.youtube.com/watch?v=nR5VyY8kCKY
The video preview got my attention as the developer outlined the direction for the game: a twin-stick shooter with Metroid-esque adventuring and modern enemy behaviors inspired by Halo and Far Cry. Looks fast and pretty too.