Peter Parker's intellectual rival, Amadeus Cho, obtains Tony Stark's Iron Spider armor.
At Nick Fury's request, Spidey must recruit the new Iron Spider however, Taskmaster attempts to seize the armor for himself.
Peter Parker has been Spider-Man for just one year. He has saved lives and fought supervillains, but he is still in the process of learning how to be a superhero. Nick Fury of S.H.I.E.L.D. offers Peter the chance to train to be a real superhero and become "The Ultimate Spider-Man".
However, beforehand Peter will have to learn how to work with a team of four fellow teenage superheroes. The teen heroes Spider-Man will be teaming up with are Nova, White Tiger, Iron Fist, and Power Man.