Relevant part of the article:

in an investor call following the announcement of Saber's departure, Embracer CEO Lars Wingefors implied the KOTOR remake may still be a long way away. The game has undergone a long limbo, having been announced in 2021 after three years of development at Aspyr, paused indefinitely due to lack of progress, and revived again at Saber Interactive. There have been minimal official updates since.