Elektron Musical Instruments

maybe its hardware at all.
They say "come check out the next step in the history of elektron".
For a lot of manufacturers, that now means software.

So perhaps this 'UW/UltraWav' is a vsti??

A retro Polyphonic SID/MM wavetable synth/sequencer?

you never know. 
But, personally I hope its hardware because it always sounds better in 
the end.

Chris