It was originally a tech demo made by five guys in their spare time, but now EVE-VR – the Oculus Rift space dogfighting game that made its debut at EVE Fanfest this year – is going to be a full game called EVE Valkyrie, coming in 2014.

The teaser trailer is enough to give anyone with fond memories of games like Wing Commander chills. The game itself was hugely impressive even in tech demo format at Fanfest, putting you into the cockpit of a nimble fighter craft with full freedom of movement and vision thanks to Oculus Rift, but now that it’s been greenlit for full production it will have the resources behind it to look truly stunning. Development is being handled at CCP’s Newcastle studio in the UK, and the people at CCP’s head office in Reykjavik who prototyped the game in their spare time are all moving there to lead the project.

Developer CCP is arguably already the video game world’s official King of Space, as the creator of long-running, fascinatingly complex and fanatically beloved spaceship MMO EVE Online, which ties into free-to-play PS3 shooter Dust 514. EVE Valkyrie is set in the same universe, but it won’t have the complex gameplay of either. It’s a high-speed, high-adrenaline flight combat game.

CCP’s boss Hilmar Petursson had this to say: “From the moment this year’s Fanfest attendees first got their hands on EVE-VR, the question has been, ‘When can I have this?’ What started as a passion project by a small, incredibly talented group of CCP developers became one of the most highly anticipated games of the year — before we even announced it. We have big plans for EVE: Valkyrie and I can’t wait to share more details later this year.”

We’re looking forwarded to hearing more about Valkyrie from Gamescon and we’ll add more info when we hear about it, until then, enjoy the reveal trailer and let us know what you think in the comments