1UP.com found a trademark for the title Mega Man Universe. It is a bit early to say exactly what it is, but the name might suggest it has something to do with the multiple Mega Man franchises.
Seth Killian recently teased that something “rad” was in the works for the Mega Man series. Whether or not that project and this trademark are the same is unknown. From the sounds of Seth’s statement, the project he was talking about was still seemed fairly early on. I’m not sure why Capcom would rush out and trademark the title so early on.