Your pulsate in Square 2 Frame 01 doesn't seem to fit very well, (and pulsates aren't exactly used like that commonly) but otherwise this a good start to something that definitely has the feel of a good Mega Man track. Would be great to see where this goes next.
C Ma- Oh, forget it.
This is quite nice so far. To add to what Sam said about the pulsates, I'd also like to see some higher pitch triangle in the coming frames.