Yes, Soulcalibur: Broken Destiny is coming out this summer. When? August 27 in Japan and September 1 in North America. A representative from Namco Bandai Games America shared the release date with us.
Soulcalibur: Broken Destiny brings the combat system from Soulcalibur IV to the PSP. New features include the sleeve knife wielder Dampierre, God of War icon Kratos, and a single player training mode. The character creation system from Soulcalibur IV also made its way in the game, which now includes clown hand puppets.