Core Ultra Series 2 contains several families of CPU.
So far Arrow Lake-S and Lunar Lake have been released by Intel, however Arrow Lake-S is desktop only and Lunar Lake doesn’t support replaceable ram (which Framework’s CEO reiterated on the recent Q&A is against their philosophy, it wasn’t specifically in context of Lunar Lake but I doubt he would’ve called soldered memory against their philosophy if Framework planned on releasing one soon).
Arrow Lake-H is another family of CPUs categorized under Core Ultra Series 2. Arrow Lake-H is the laptop variant of Arrow Lake-S and is the direct successor to the Meteor Lake-H that Framework currently offers. Arrow Lake-H is expected to support replaceable ram.
Intel has stated that Arrow Lake-H is going to be released in the first quarter of 2025. Framework won’t make any announcement until after Intel announces it (and following historical trends probably not till at least a couple months after).