Cullen Bunn will write the four-issue title with Ramon Rosanas handling interior artwork, Comic Alliance reports.
The comic will focus on Jimmy Hudson - the son of the Ultimate Universe incarnation of Wolverine - and feature his late father in flashback sequences.
"There's a side to this story that's very personal for me," Bunn explained. "While plotting and writing this series, there are some elements that have really resonated with me.
"So much of this story hinges on Jimmy's relationship with a mother and father he never knew... and the mother and father who raised him. That's a story that, for various reasons, hits me where I live."
Ultimate Wolverine #1 will be released in March next year.