Is the project now defunct, or still ongoing?

It is currently on ice, because the developer also creates professional GFX for television etc. and it looks like he has too much work to continue the A380 right now.

From their facebook a few weeks back.

 

'For those who didn't know - our main business is not flight simulation. It's actually more like a side effect or "hobby"... As you know, the A380 project is currently on hold, mostly because of too much other workload. For those who are interested in what we usually do, here is our new showreel I hope you like it. Cheers, Oli'

 

I cant 'quote' it for some reason.