That's correct!
It's FTL (faster than light)...
It is not an online game... It is an independent game (no major companies involved).
You play against rebel or robotic spaceships. You have to use the resources you have gathered wisely in order to move on and reach the end. You have to apply strategy to battles and hit what hurts the enemy more and protect what hurts you more to lose...
If it had multiplayer it would be great!
But there is a drawback... you have the rebel fleet pursuing you and each "turn" it cover a part of the map. If you get caught to that part you will have hard time to escape... So you will have to reach the end of the game relatively soon. This adds suspense and hardens the resource management. But after few times it becomes major drawback... Thankfully there is a mod that deactivates rebel fleet pursuit and you have all the time you want to explore each sector.
A lot of unlockables and many hours that you can play it... Also has really low requirements!!! I try it to my old lap top (pentium 4 3,2ghz 1.5gb ram and ati radeon mobility 9000/9100 with 124 mb memory and run smooth!!! (only the initial game loading took a while)
Your turn!
P.S. check this:
http://www.youtube.com/watch?v=Me1v8iA8xU4