Yen Press announced on their Twitter that they have licensed the light novel series The Irregular at Magic High School (Mahouka Koukou no Rettousei)
and manga series.
UPDATE: Anime News Network confirmed the manga series is The Honour at Magic High School (Mahouka Koukou no Yuutousei).
Yen Press has really been doing well in the licensing department lately. I’m sure this one will be a big hit for them. I’ll be picking up this series!