Hello Games will release a major update for No Man’s Sky next week that it calls No Man’s Sky “Next.” The Next iteration of the game will add a host of new features, including a “full multiplayer experience” that lets players team up with friends and interact with random space travelers; the option to play in first- or third-person view; and the ability to command fleets of ships as you explore the universe.

A new trailer for No Man’s Sky Next shows off those new features and more, including a massive boost to the game’s visual presentation. Compared to the No Man’s Sky’s debut trailer — today’s Next trailer is a nearly shot-by-shot recreation our first look at the game from 2013 — the game’s worlds and space settings look far more rich and detailed.

Hello Games’ Sean Murray pointed out, in an email to Polygon, a few things the trailer showcases:

Multiplayer Team up with a small team of friends and explore the universe together, or be joined by random travelers. You can help friends to stay alive, or prey on others to survive. You can build tiny shelters or complex colonies that are shared for all players. Fight as a pirate or a wingman in epic space battles with friends and enemies. Race exocraft across weird alien terrains, creating race tracks and trails to share online. The character customisation allows you to personalise your appearance. Visual Overhaul The game is fully playable in third or first person, both on-foot and in a ship. New Planetary rings and improved space visuals make space more beautiful than ever. Dramatically improved planetary terrain generation, ground textures, water and clouds bring the environment to life. There’s also significantly more detail added to ships, NPCs and buildings. Unlimited Base Building Bases can now be built anywhere on any planet. Base building has dramatically increased complexity and size limits and we’ve added hundreds of new base parts. You can also own multiple bases. Command Freighters You can assemble and upgrade a fleet of frigates and command them from the bridge of your freighter. Send your fleet out to into the universe, or deploy them to help you as you explore a specific system. The improved freighter base building allows a truly custom capital ship. Invite your friends aboard and take on challenging multiplayer missions from the Galactic Commission Station on your bridge.

No Man’s Sky Next will be released for PlayStation 4, Windows PC and Xbox One on July 24. The update will be free for owners of the game on PC and PS4. No Man’s Sky originally launched on Aug. 9, 2016.