So apparently Star Conflict has been in open-beta for awhile. Steam picked it up recently and I gave it a shot. I've put 8 hours into it so far this weekend and have been enjoying it quite a bit.
For those of you who have played World of Tanks it is quite similar, a free-to-play online game where you fight in relatively short matches for money and experience which you use to buy and outfit new spaceships.
So far it is incredibly polished and quite impressive for a beta, I've had no issues with disconnections or slowdowns, the worst I can say about it is that occasionally the matchmaking system takes a minute and a half instead of the more usual 20 seconds.