Quoted from GreenMeerkat:
Actually Chris Roberts, the owner and lead designer, is very heavily involved and available as he does regular podcasts answering questions on the game from the public. It's crazy how much people are spending on the game but there is definite continuous information and playable updates about it. Quite a remarkable project.
i did some playstation consulting with Chris Robert's prior game company Digital Anvil.
he built a great group of folks over there at that time.
they did have a similar space project over there that went on forever and ever and ever and...
you can probably find it with a little searching.
microsoft (the primary investor in the company) ended up scooping it all back up in the end.