"Next is an undeniable achievement, pushing the two-year-old title to new heights and moulding it closer into the experience we initially hoped for."
"It's about more than just finding out what's at the centre of the galaxy. It's about the experience."
This brings the full game into virtual reality so you can play alongside other players, with the aim being to deliver a "true VR experience rather than a port."
We don't know much yet, but Hello Games is teasing a whole host of refined multiplayer features.
Hello Games founder Sean Murray took to Twitter to share his appreciation for a fan-made No Man's Sky short.
An unlisted video shows what's next for Hello Games.