In Lost Planet, human snow pirates navigate VS (Vital Suits) through unforgiving arctic environments, fighting against the indigenous Akrid creatures for the precious thermal energy they need to survive. For one such pilot named Wayne, death almost seemed imminent until he was fortunately rescued. However, he can only remember a few fragments of his past including the slaying of his father by these enigmatic menaces. Yet under the shroud of ice, a devious plot has been set into motion by the Neo Venus Construction Corporation (NEVEC). What really happened to Wayne and how will his destiny become intertwined with NEVEC's plans?