As for when it hits, 24 July will see the update pushed to all pre-purchased games on PS4 and PC and all following purchases of the game will come with the content ready to use on update. Perhaps the biggest new addition is multiplayer, which allows players to team up with a small team of friends and explore the universe together, or be joined by random members of the community. That being the case, they can choose to help keep their friends safe or hunt down other players.
Fight as a pirate or a wingman in epic space battles with friends and enemies.
Race exocraft across alien terrain by creating race tracks and trails to share online. The update also adds the ability to explore the game's many worlds in third-person, adding a greater incentive to customise your player character.
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Third-person Viewpoint - The entire game, both on-foot and in a ship, can now be played from a third-person perspective, letting you see your customised character.
Improved terrain generation, ground textures, water, and clouds. Visuals have also been improved, with new detail added to planetary exploration, environments, and NPCs.
Base building has undergone some changes for the Next update, and players will now be able to construct multiple bases anywhere on a planet. The limits to those bases have been expanded, meaning you won't be as restricted as you previously were.
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The developer explains curious adventurers can now assemble and upgrade fleets of frigates, which can be commanded from the bridge of their freighter. Users can send their fleet to explore the universe or deploy them to explore a specific solar system.
Improved freighter base building allows a truly custom capital ship. This will tie in with multiplayer features, so you can invite friends into your fleet. The game has been hinting at the new features in No Man's Sky Next for months after Murray posted that the update was coming this summer back in May.
No Man's Sky is available now for PC and PlayStation 4.
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"This is an incredibly important update for us, but it's also just another step in a long journey, and we'll continue to support No Man's Sky in this way for the foreseeable future".