@Dandyfunk - TauLabs is the firmware and ground control software. It runs on a number of boards (as linked to by Balu above) using the STM32 chips - though there are really only two commercially available boards that are really a good option for it right now.
The first is the Sparky which uses a stm32F3 chip slightly limiting it. That's still a more powerful chip than Naze32 or CC3D but to really take advantage of everything TL can do a board with a stm32F4 chip is best and currently the Quanton is the only board available commercially. And that board runs about $80 IIRC and is somewhat larger (54mmx54mm) than the currently popular 35mmx35mm format of the CC3D/naze/Flip.
Tau can also run on the Naze and the CC3D but the features supported are considerably limited due to those boards using the stm32F1 chip which is pretty restrictive.
The Sparky can do altitude hold, Position Hold and RTH with a GPS - but that's about it for advanced features.
The rest of the targets that Tau can run on are more hacker oriented than consumer oriented. The FlyingF3/4 for example are large stm32 development boards with sensors attached to turn them into flight controllers like I'm using.
The RevoMini is a F4 based board...but it's closed hardware so support for it is tricky and they're kind of crazy expensive and hard to find from what I can tell. (and from what I've been able to gather it sounds like the Revo is a big part of why the TL team split off from OP in the first place.)
There is one board not listed there yet which is in the official source and that's the board being used in the new BlackSheep Gemini - which I suspect will bring a lot more attention to TL when it's released soon. But that board is pretty tightly integrated with their airframe and I don't believe it will be available commercially by itself and would likely not be a good choice to base a design around.
So - while I'm blown away by Tau and very impressed with it, and the software on the next release (which should be happening VERY soon) will be the most user friendly I've tried....the hardware situation is currently a bit limiting unless you don't want to do fully autonomous flight, or don't mind a 54mm x 54mm board, or are up to rolling your own.
Hope that helps explain it a bit. I know it can get confusing!
The Sparky2 is in development and will be a F4 based board in the smaller footprint used by the Sparky. But it's only available to testers and developers working on TL code right now. Since it's developed as a hobby the time frame for it to hit the market is "when its ready".
x5004 and I have been talking about trying to do a F4 based design in the 35mm x 35mm footprint...something kind of between the Sparky and the Quanton. More like a Sparky upgraded to F4 without the other features of the Sparky2. But we're also mainly interested in doing it so we can integrate it into one or more PDB's (similar to the motowii for the warpquad) for things like Twitchity's designs and x5004's foldy quad (RIP).
I'd fully expect Sparky2 to be finished and available before we have anything to show though as we're also just doing this as a hobby and have even less time to work on things than peabody124 does for working on Sparky2 and we have a lot less experience