Game Informer has some info and screenshots on the Oxide Games Nitrous Engine being shown at CES 2014.
"A small team of designers at Oxide studio designed the new 64-bit game engine for strategy games, which is being called Nitrous. The demo we saw featured two massive battalions of starships as they engaged each other in a massive space battle. The demo was entirely real-time and from a distance it looked like the the fleets were schools of fish quickly zipping in and out of cannon fire, but as we zoomed in on the action we could see that each ship was detailed enough that even the muzzle flashes from their cannons would illuminate their deck. "
Read more at Game Informer.
