Looks like it's been knocking about for a year and although they have not updated their website https://www.grimmstar.com/ the game appears to be still in development.
Seems to be a 6dof combat fighter with some fleet building management features, maybe something similar to Starshatter.
Definitely looks good, I hope this game least gets to a state where they can release it because it would be a shame to see it fail after seeing these trailers.
New dev log for the game along with an announcement for anyone who wants to submit a corporation name for the game, details to follow.
And they have uploaded their video for anyone interested in adding a company to the game.
Hour long video which appears to be some sort of tutorial, not watched it myself but it may be of interest if you are working on a game.
Yes it's normal baking...this is very usefull to optimize the details without having a lot of poligons. Every developer knows this technique.
I'm also a developer, i use UE4...hope this project will be released they are doing a good job for what i can see in the videos. Some enemyes remember me sinistar unleashed...