Syfy is teaming with Universal Cable Productions and Entertainment One to develop Frederik Pohl’s science fiction novel Gateway into a one-hour scripted series, the network announced at the Television Critics Associations’ semi-annual press tour on Wednesday.

The Hugo and Nebula award-winning novel tells the story of humanity’s encounter with a mysterious ancient alien civilization. The discovery of an asteroid teeming with the long abandoned spaceships of an advanced alien race — the Heechee — sets in motion a gold rush for alien artifacts and technology.

The ships are preprogrammed, transporting their voyagers to distant worlds of riches — or certain death. Undaunted by the peril or the odds, prospector Robinette Broadhead gambles everything on a journey to Gateway. After one nightmare mission, he returns to extraordinary wealth and luxury, but is haunted by the loss of his crewmates, including the love of his life.

“We’re delighted to develop this fascinating First Contact story with long-time partners Universal Cable Productions and Entertainment One,” Syfy’s Bill McGoldrick said. “Gateway is thought-provoking and unsettling, raising profound questions about mankind’s possible relationship with alien life.”

Battlestar Galactica’s David Eick and Falling Skies’ Josh Pate collaborated on the series and will executive-produce with Martha De Laurentiis, Michael Rosenberg and Lorenzo De Maio.