E.X. Troopers has VR Missions—simulated combat missions for students at the academy—which you can play in multiplayer. The VR Missions can either be played cooperatively with friends or AI partners, or in versus mode.
Capcom say that multiplayer on the Nintendo 3DS version is local-only. However, the PlayStation 3 version of the game has online multiplayer.
E.X. Troopers will be released on November 22nd in Japan. The PS3 version will cost 6,990 yen ($90) and the 3DS version will cost 5,990 yen ($76).