If you were hoping for a modernized reboot of the old Gatchaman series... first of all, how old ARE you? That show came out ages ago and was only okay... but yes, you've heard correctly, this has no connection to the original Gatchaman franchise save for a few names. That doesn't mean it's bad, though. Far from it.
What you should be looking at is the director, not the franchise. This is Kenji