The offshoot series, originally a television programme from the late 1970s, will be launched by Dynamite Entertainment this September.
"What I love about Galactica 1980 is that it's the finest example I can think of how wide the chasm can be between concept and execution," Guggenheim told CBR.
"The concept is amazing. The Galactica discovers Earth! What's not cool about that? But the execution… I have two words: Super. Scouts. I mean, the Galactica finally discovers Earth. There are a million stories to tell there and you decide to do the one about super-powered kids who play baseball? Wow."
Dynamite has held the publishing rights to the Battlestar Galactica franchise for several years, with Ronald D. Moore's series reboot earning critical acclaim. The upcoming spinoff will be the publisher's first attempt to revive one of its offshoot chapters.