Looks like the cat's out of the bag. NetDevil's Jumpgate MMO has been signed to Codemasters Online Gaming (COG), according to this. Sources had confirmed that the MMO to be revealed at Connect 2008 in Birmingham, UK, next month was set in space. Looks like there's no guessing any more.
Our German isn't so great, but in that quote COG VP Dave Solari's saying something along the lines of, "We look forward to working with NetDevil and also in particular on launching this exciting project this year in Europe and North America."
Way to go, Dave. Don't blame us if our translation skills mean you were talking about something entirely different.