Funded by the European Innovation Council (EIC), the E.T.PACK-F project started in September 2023 with the objective of developing by 2025 a flight-ready (TRL 8) Deorbit Device (DD) based on bare electrodynamic tether technology. E.T.PACK-F is the successor of the EIC E.T.PACK project, which accomplished in November 2022 its goal of developing a prototype (TRL 4) of the DD. With a mass of 24 kg and a volume of 12U, the DD of E.T.PACK-F involves two independent modules, i.e. the electron emitter module and the deployment mechanism module, and it hosts a 500 m long tape tether (450 m bare and 50 m inert). The work plan of the project includes the manufacturing and testing of an engineering qualification model (2023-2024) and a flight model (2024-2025). The E.T.PACK initiative has been pre-selected for a launch opportunity by the European Commission to in-orbit demonstrate the operation of the DD in 2025. Besides details on the general roadmap, this work presents an overview of the architecture and characteristics of the DD and its main elements: avionics, communication, deployment mechanism, electron emitter, and instruments to collect scientific data. It also describes briefly some considerations about ground segment as well as the most important software tools that were developed to support through simulation the mission analysis of the in-orbit demonstration.