So I was looking around for any evidence of Elite 4 surfacing and ran across this little gem. Basically a remake of the classic Frontier: Elite 2. Still in alpha stages but there have been regular updates since May last year. I am excite!
http://pioneerspacesim.net/
Pioneer is a space adventure game set in the milkyway galaxy at the turn of the 31st century.
The game is open-ended, and you are free to explore the millions of star systems in the game. You can land on planets, slingshot past gas giants, and burn yourself to a crisp flying between binary star systems.
When Pioneer is finished there will be many ways to make ends meet: piracy, smuggling, bounty-hunting, mining, doing missions for the various factions fighting for power, freedom or self-determination.
Pioneer has a sneaking resemblance to Frontier: Elite 2.
http://pioneerspacesim.net/