In the near-future, the Earth is teetering on the brink of apocalypse, with energy shortages driving countries to increasingly desperate measures to survive.
Meanwhile, in orbit, as society breaks down below them, an international team of scientists - on the massive spacestation Cloverfield - are attempting to fire up The Shepherd, a particle accelerator that could could provide unlimited energy for the planet and save mankind.
Unfortunately, after two years of failure, just as the scientists think they've got The Shepherd working - something goes horribly wrong...
The station loses sight of Earth as bizarre phenomena begin to plague its crew, and down on the planet chaos erupts.
Full marks to producer JJ Abrams for keeping The Cloverfield Paradox pretty much off the radar until it appeared on Netflix this morning.
A companion piece to the original Cloverfield monster movie, this light-weight slice of fun makes liberal use of weird science to explain the goings-on of the first movie, while serving up a pulpy action horror tale of its own.
With echoes of Event Horizon and recent episodes of Star Trek: Discovery, The Cloverfield Paradox is a fine example of the "haunted house in space" sub-genre.
Occasionally formulaic and occasionally surprising, the breathless adventure is broken up with a sprinkling of thematic nuggets ranging from the strength of familial bonds, and heroism and sacrifice, through to moments of delightful dark humour.
It's also one of those wonderful works of sci-fi and horror that you can't really say anything about without spoiling the surprises.
Just sit back and enjoy.
The Cloverfield Paradox isn't high art, but it's a fun romp and proves that there's still life in this odd, episodic, franchise.