RISC OS on the Ubuntu Edge?

Will Canonical Ltd be choosing an ARM (multiple) Processor(s) for their proposed Ubuntu Edge smartphone? I haven’t been able to find a definite answer to this, but suspect the answer is ‘yes’ from various information I have found on the web.
OK, this is a bit of a naughty question on this forum, but I would be interested to know what others think about the project even if it turns out to be a non-starter for RISC OS.

It is an insane amount of money to ask for a production run of 40,000 with, apparently, no plans for further ones. I also find it worrying that they are promoting this epic spec but still can’t say what processor they plan to use. Likely an ARM, but not necessarily.
Given the price, the limited production, and the amount they’re trying to crowdsource, I suspect it’ll remain something of a novelty item.

They seem to be hoping it’ll be the first such “superphone” with a usable desktop OS, and that mainstream models (by others) will follow if there’s demand.

I’m a bit concerned by battery life. Having a multi-GHz multicore CPU for desktop use, and turning almost all of it off to use as a phone is quite a hard thing to do, especially with third-party apps. It remains to be seen whether Ubuntu Phone is more efficient at stopping unnecessary background activity than Android is.

I quite like the alternative to everything-in-the-cloud, though.