The most precise statement was by Florian Kaps of Impossible:
"It will have everything that people love nowadays about Polaroid. There will also be some new formats and new characteristics and new things, but always it will be an analog instant picture and we can promise that you will still shake it like a Polaroid, and it will come out of the same Polaroid cameras."
But also:
"We are just afraid that there is still a good chance that we won’t be able to produce any film.”