Prediction: Project Nova Will Not See the Light of Day

When DUST 514 was cancelled CCP quickly announced it would replace the First Person Shooter with a new shooter called Project Nova:

Project Nova is the code name for CCP's free-to-play PC first-person shooter that's being shown to the press and fans for the first time at Fanfest in Iceland.
Unlike the recently canceled PlayStation 3 title Dust 514, which tied directly into Eve Online via interactions called orbital bombardment where players in one game could influence the battles in another, there are no direct ties between Eve Online and Project Nova outside of being set in the same universe.

The news since that April 2016 article has been thin on the ground out of CCP. This past April we got some more info:

And the fans in attendance or watching the Twitch livestream got just that during the EVE Fanfest 2017 Keynote from boss man Hilmar Veigar, who says they aren’t ready to show more of the game until they really have something to show, but I managed to get a few more hints from having a long chat with Jean-Charles Gaudechon, Managing Director CCP Shanghai.
“WE’RE STILL VERY MUCH COMMITTED”
Gaudechon joined CCP in 2013 and helped with DUST 514 and then Legion (which became Project Nova). There is no official title decided upon yet for what Project Nova will be called when it releases and it likely won’t be decided upon into the game is near done.

Methinks you protest too much.

Look, you've had a year and you can't show anything new? Or at all? That's a problem. That's a sign that you are not that committed because perhaps you realize that breaking into a market as competitive and filled with quality released is a lot harder than releasing a boundary pushing Virtual Reality space dogfight  game in a fledgling industry.

In fact, I suspect the unexpected and welcomed success of EVE Valkyrie has doomed the FPS division to also ran in CCP's leadership's eyes, and more resources and attention will be diverted to that market and that development division at the expense of Project Nova.

And in the end, that is why I'm predicting we will not see Project Nova on a PC near us ever.