From developer's website:
The good news: the thermonuclear assault destroyer is armed with Vulcan missiles, electro-protonic beam arrays, and double-helix gatling guns. The bad news is the ship is piloted by a giant panda.
No adventure is the same. Whenever you begin an adventure, the universe is randomly populated with characters and encounters.
There is no "up" in space. Explore the tactical richness of full 3D movement. Watch your angles and flank the enemy from all directions.
Configure your fleet. Find crazy loot throughout your adventures, and install upgrades and artifacts to your flotilla of ships.
Play with a friend. Grab a buddy and play through the adventure cooperatively in splitscreen.
Or, blow up your friend. In the Skirmish Mode, set up custom fleets and battle human or computer-controlled enemies.