[member="Logen Brunner"], [member="Kixi Rajki"], [member="Kuat Drive Yards"]
The game is still in early alpha and has at least another 2-3 years to go. They have made great strives in the game, and are doing a fantastic job of setting up the leg work now so that the final stages will be a dead fucking Sprint to the finish line.
They can procedurally generate a city and a planet covering city. They can procedurally generate a unique space station, exterior and interior. They are working on procedurally generated towns and outposts. It's good solid tech, but not fully polished yet. Once they are ready to start popping in additional star systems, it will let them really pump them out fast.
Their planetary tech is amazing. Full rotating spheres with dynamic day/night lighting based on atmospheric interaction with the system's star. They have two fully explorable moons (nothing really on them though) and are working on getting a pair of planets (with trees and maybe some critters) out the door.
They have the basics of space combat with AI opponents down, but are still working to get their FPS NPC opponents functional and interesting.
As far as core mechanics... We're finally seeing solid progress, but that aspect alone is keeping us 2+ years away from a finished product. We are just now getting functional mining with 3.2 and the first interaction of active sensor operations. We need component salvaging, player-to-player refueling/rearming, large scale mining, full slag salvaging, full medical procedures, player-to-ship core repair and full ship-to-ship repair, full cargo mechanics, polished turret operation, polish to the flight model, star system to star system exploration mechanics (some sort of maze or obstacle course to get from system to system. If you have a saved flight path, you can skip it... But the wormhole breaks down over time and you'll need new pathways.).
And those are the major ones. Lots of little systems we don't even know about. But, things are progressing at a steady rate. Every quarter there is a major update and each major update includes some heavy work being done to at least two of the systems on that list. Alon. With constant and impressive work being done that when they're ready to start peppering their world with space stations, towns, cities, and planets... They will be able to pump out beautiful masterpieces en-mass.