We’ve known for a quite a while that Oscar-winner Christoph Waltz (Inglourious Basterds) would be playing the principal villain in the next James Bond film, Spectre, but the first two trailers for the flick refused to show us his face. Late last night the latest, and biggest, trailer hit, and we finally not only see Waltz, but discover that he’s been haunting Bond’s life and work for years. We expected the return of SPECTRE, the evil organization that’s been plaguing Bond since Dr. No, to be big, but this is huge. That, plus better looks at new Bond girls Lea Seydoux and Monica Bellucci, footage of Dave Bautista (Guardians of the Galaxy) in action, and some awesome stunt work make this the most compelling look at the flick yet.

Spectre will premiere in the U.K. on October 26.