The Montblanc Summit Lite will be mighty expensive, going off the US$1,000 asking price of the Summit 2. However, the Google Play Console has confirmed that Montblanc will sell the smartwatch with either a Snapdragon Wear 2100 or a Wear 3100 chipset, which are now over four years old.
https://www.notebookcheck.net/The-Montblanc-Summit-Lite-promises-to-be-an-underwhelming-and-expensive-smartwatch.504536.0.html