We've made a lot of progress on porting to Android 16 already. If things hadn't been made harder for us, we would likely be able to publish an experimental release tomorrow and quickly get a release into the Alpha and then Beta channels to start ironing out the bugs in the port.
Having our own devices meeting our hardware requirements (https://grapheneos.org/faq#future-devices) would reduce the time pressure to migrate to new releases and could be used to obtain early access ourselves. Based on talks with OEMs, paying for what we need will cost millions of dollars.
Discussion
It didn't take long to have an excuse to support the next promising linux phone.