The idea of an Alder treble core and a Walnut bass core is interesting, and probably more relevant on a bolt-on (or set-neck) than on a neck-through. The Redwood top and back are nice. The Neutrik locking jack is also a nice touch.
Mica has been asked about this before and mentioned that in addition to all the one-time engineering costs there is also the matter of the license fee that has to be paid to Novax. When you think about it, just about everything on such a bass would be a one-time custom build; headstock, nut, neck, body wings, pickup positioning, maybe even the pickups themselves to get them wide enough for the proper angle across the strings, and of course individual bridge and tail pieces. It would make for an interesting project.