As the name suggests, this is a game in the Starship Troopers franchise and a multiplayer co-op shooter for 12 people who have to face off against an onslaught of space bug monsters. The game should have three classes of heroes, the construction of defense structures, a progression system, different types of bugs, large-scale battles, and so on.
Offworld Industries knows their way around multiplayer shooters, with their previous game Squad on Steam estimated to have between 1.6 and 6.62 million players.
Starship Troopers: Extermination already has a Steam page and should be released in Early access sometime in 2023. Whether it will be a paid or free game is currently unknown.