On the Polaris fb page there's a post saying there will soon be an announcement!
What I'm seeing there is a reply from Paul which concludes:
"But rest assured, we are moving forward, and hopefull[y] can make some announcements in the near future."
I don't necessarily get the impression that an announcement of major import is expected - just that there might be some updates coming one of these days.
"The whole show was an attempt to say that humanity will reach maturity and wisdom on the day that it begins not just to tolerate, but to take a special delight in differences in ideas and differences in life forms." — Gene Roddenberry