Climax Studios announced today that they are working on a new cooperative space shoot ’em up for current gen consoles and PC. Titled RiftStar Raiders, the game will be released later this year and it features online co-op for up to four players, an in-depth loot system, and complex progression mechanics.

The Spiral Arm has been plunged into chaos, and it’s fallen to the poster boy for the Federation’s ‘Most Wanted’ to save the galaxy… and turn a profit. Hordes of Warswarm, a hive-mind of alien AI, have waged war on humanity, launching overwhelming attacks against federation space and now it falls to you and your ragtag team of Raiders to take them out.

Hailing from the orbital city of Arcadia, located at the heart of the Far Reach and home to the galaxy’s pirate guilds and criminal elite, Raiders are infamous hot shot pilots, scavengers and mercenaries. But working for the feds doesn’t mean you’re about to let all that loot slip between your fingers without a fight, even with a much greater threat on the horizon.

Enlist your most reliable teammates to shoot and loot your way through 9 formidable four player co-op missions, wiping out swarms of aliens, feds and rival pirate gangs in this deep space, top down, shoot ‘em up.

Collect perks and loot as you clash with mobs of enemies in intense combat and reap the rewards to craft and upgrade your ship. Customise your spacecraft with tons of combinations to create your perfect loadout, whether you want to be a tank to take the hits, a support to snatch your comrades from the jaws of death, an agile damage dealer and more.