Hi, Mike here, I spent the night thinking about this and I've decided to go for a space flight sim (I'm thinking trading/exploration/combat). My initial idea was for a Space station base building game, but I sat down to map things out and I nearly had a heart attack when I saw all the resources I would need to balance.
I'll try to keep this up to date as I go with screenshots and stuff, but if you're interested in keeping up to date the best place to do so is on Twitter: https://twitter.com/OkinawaTerminal
I set up a GitHub repo last night for the jam, so you can follow along with my source here: https://github.com/OkinawaTerminal/LibGDX_Jam
Thanks!