Heard about this years ago. Thought it might be dead, I'm stoked to hear that it's not. I'm pretty sure Tim from UO, and Nate from Anberlin are involved.
I also heard about this a while ago. I think Tim and Chris from UO would be involved because if you ever watch the interviews or 'Making Of' videos with Chris, he's always talking about new stuff he's experimenting with, and he always works with Tim. Also, the last time I saw Anberlin, they said it was their last tour with Christian McAlhaney, so maybe he could also be helping alongside with Nate since he is still considered a part of Anberlin but no longer plays for them.
Just a thought.