The game is going to be a free to play and features 16 player dogfights. They already list game modes as Free For All, Team Dogfight, and Base Defense. The game is set to include ship customization, team play, rewards, and regular updates. Since this is a free to play game, you can all but guarantee that it will also include all sorts of items that will cost real money.
I’m going to try not to get too excited for this, but I have already signed up for the Beta. There will be more information on Attack Squadrons as it becomes available.