Yes there is an update. Was just discussing this with the team. Will be publishing the details on this forum hopefully this week.
My plan is to release the test builds on this forum - say 5 devices at a time and have users with the devices test it. We also have a team of testers but here I guess the number of users will be more who can try and test.
Based on the number of downloads we can decide which devices to drop and which to continue support for, The popular ones - which work perfectly on Pie and also the most downloaded get to stay on the list.
Android Q may be coming in by end of this year hopefully. Work has just started on the code updates. So for the time being we will talk about Pie.