I listened to a few Fete interviews after this trailer came out and I think he's the right man for this as it sounds like he wants the franchise to return more towards those feels of Alien and Aliens, more of a horror vibe too. Plus he mentioned that for the hardcore Alien franchise fans, you will really have a ball with this one as it's more self-referential to not just Alien and Aliens (this is taking place between those two films in the timeline) but to EVERY Alien film, yes even including the last few.
All I know is this trailer hit hard and fast, and makes me desperately want to see more. Job well done so far.