After a spaceship lands above the Arctic Circle, the Royal Academy of Science in Sweden receives reports of a meteor crash. Dr. Vance Wilson (Robert Burton) and the dashing Dr. Erik Engstrom (Sten Gester) are sent to Lapland to investigate. There they meet up with Wilson's niece, Diane (Barbara Wilson), an Olympic ice skater, and encounter a giant hairy monster that has been unleashed by aliens.