It can operate from any air source, we're using a free piston hydroponics compressor which is available from eBay/amazon vendors for $100. I have used these compressors for years with no reliability issues.
We will be using an Arduino uno because they are so easily available, no wifi or bluetooth, last thing I'd want people to deal with is bluetooth bugs in a situation like this...
The solenoids I have tried (many) are too restrictive for air flow, and after some minutes I felt suffocated when using them. Most solenoid valves don't have orfices greater than 2.5mm, and we found even 4mm was not enough.
It will be open source, yes.