A New Beginning on the Spacetime Studios Website is a blog post with word that publisher NCsoft has cancelled the MMOG Spacetime was developing (story). Their Games Page indicates the game was titled Blackstar (thanks Gamer's Hell), described as "a unique space combat MMO of fast shooting action coupled with traditional RPG combat, advancement, and adventure." The post includes word that this caused the loss of a dozen jobs, but that they harbor no ill feelings toward NCsoft, and that they are looking to continue with the IP, keeping hope alive for us Wing Commander fans, as WC and Privateer developers were involved in the project. Word is:

The cancelled game was our primary project and we have a complete MMO engine w/ networking infrastructure, tools suite, and next-gen rendering engine. The company remains extremely committed to the IP and once all mutual obligations have been completed between the publisher and ourselves we intend to explore every possible avenue to see that our team’s collective vision come to fruition.