Although similar in name to the Go Nagai work, this version by Gosaku Outa is vastly different from Nagai's work.

A short manga version of the UFO Robo Grendizer anime. Released along the anime series, UFO Robot Grendizer follows the adventures of Duke Fleed, the Prince of Planet Fleed, whom disguised as Daisuke, a farm worker, fights against the forces that destroyed his planet, the Vegan Empire, also the creators of Grendizer that Duke stole to fight them. While not originaly considered part of the Mazinger series, Koji Kabuto and the Mazinger mechas appear in this series, making it sort of a sequel. Grendizer introduced the concept of a transformable Robot and a space Mecha, concepts that were later taken into other mecha series. It was extremely popular in Japan, Canada, France, Italy and the Arab World and has a strong following in those countries even today. (mangaupdates.com)

The story will be a full reboot of Nagai's UFO Robo Grendizer story. When a great fleet of flying saucers invades Earth, it awakens the true power of Daisuke Uryuu (the main lead of UFO Robo Grendizer was named Daisuke Umon).
 (Source: Anime News Network)

When a UFO from the Vega Alliance arrives on Earth, humanity faces its biggest threat in an oncoming Alien invasion. But their hope arrives in another Alien, Duke Fleed, a refugee of the planet Fleed who finds his home in Japan. Duke pilots the mighty Grendizer, a weaponized Mech to fight off the Vega forces. Along with his best friend and partner Koji Kabuto, they fight to free Earth from the terror of the Vega forces.
 
 
(Source: Titan Manga)
 
 Note:The story of "The Inception" opens with a prequel that is not told in the TV anime.

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