The WLABmee 200/NG Redesign project aims to develop a new generation of the WLABmee 200 product. It focuses on redesigning key components like the processor, memory, and battery to improve performance, reduce size, and extend battery life. The goals of the project are to have the new design completed within 12 months, come in 20% smaller, last 50% longer on a single charge, and be 30% more powerful than the current model.