Thank you Ice for shedding some light on the matter.
Originally Posted by Dovetail
Unfortunately, after many detailed discussions, we regrettably don’t see a clear direction that will allow us to keep to the development time we’d want, alongside the player numbers we need.
It could be said that "player numbers dropped severely once word got around that VEAFAIL were developing the Bawk for FSW....Given VEAFAIL's track record with their POS and the large drop in player numbers after the statement, development for FSW became unsustainable.
Who knew that VEAFAIL could possibly be the cause for the closure of FSW?