This is Lost Planet 3 from CAPCOM unlike the first two parts; the third is actually a prequel taking place before the other two. To get the idea of what happened in the first two Lost Planet games this is not a bad place to start. The trailer shows how cool the game play is going to be when the game is finally released in 2013!
For anyone who has missed the first two instalments of Lost Planet here are some details;
The latest chapter in the Lost Planet series is here. The extreme and unpredictable conditions that characterised the Lost Planet series return, harsher than ever before. Lost Planet 3 reveals new truths about the foreboding planet and the battle for survival of E.D.N. III.
The Lost Planet 3 will be released for the PlayStation 3, Xbox 360, and PC in early 2013!
Source [Video Gamer]