The closed testing period has been moved to March 30th and it will focus on systems, scalability, combat, and faction wars. Testers will have access to nearly 100 square kilometers of the game world. Signups will become available toward the end of February.
The website update also clarifies the game's financial situation, and contrary to popular belief, Origins is not currently funded. The team originally launched a Kickstarter project last October before canceling it the same day due to what was assumed to be an angel investor. As it turns out, Burning Dog is still negotiating a deal but had to pull out of Kickstarter "due to the chance of scope- and date-change of deliverables to our community."
[Thanks to Christian for the tip!]