To announce this update they provided a fitting video/parody of top gear known as Galactic Gear with space Jermany Clarkson
So overall we get
Racing (Murry Cup)
Friend Codes (Friend List)
Vandull Swarm Co-Op
New Hangers (Modular Style has announced at Gamecom)
New Physics System and handling system for the ships
New Targeting system that allows multiple targets to be shown instead of just one.
Removal of some rubber banding affecting multiplayer
and that’s just to name the few.