I wish we knew more, but I'm going to venture out on a limb and say I don't think so. Azodin announced they were releasing an electropneumatic and a spool this year. This clearly is not a spool design with the stacked tubes.
Assuming they meant electropneumatic in the most literal and accurate sense, the firing type is going to be more like the PE Ego line - using pressured air to blow the bolt forward before the escape air chamber marries up with the firing of the ball. The Zenith type 1 uses a spring to move the bolt forward instead. It depends on how they price it, but assuming it's near $300 this will be a direct competitor for the other low-priced true electropneumatic in the Dangerous Power G4. If they price it near $450 then it will be a direct competitor to the next closest true electropneumatic which is the Etek. I'm betting they market it around the $300 mark and try to push dP out of the arena with better quality and customer service.
Now, I see a lot of comments regarding the Zenith as being just like a Spyder electro, but that completely ignores how the two-spring system of the drive and ZeRO recoil work. Yes, it's sear with springs and not pneumatic, but you're balancing both sides of the valve to a lower pressure requirement and lower kick. It's going to be quieter and smoother than any other stacked tube poppet FASOR (or similar) design in a significant price band around it (that would be the Spyders, the G4, and the etek),
You have a good point on the price range.And a good point overall.