Looks like a merging of several previously used diesel engine designs...
The first is the Fairbanks-Morse opposed piston engines, in which there were two pistons in each cylinder, the ports were arranged the same as this new OPOC engine and the pistons fired away from each other.... But there were two crankshafts, one at each end of the cylinder, and they were geared to a common shaft in the middle. They were made in a number of configurations up to 8 cylinder (16 pistons) and were used in ships and locomotives.
The second is the Commer "Knocker", made in England in the 1950s. Similar to the Fairbanks-Morse, except that they were much smaller (truck-engine sized) and instead of two cranks, it had rockers that reversed the motion of the connecting rods, to a crank mounted below the middle of each cylinder.
The Fairbanks-Morse fell out of favor due to expense of maintenance - you could not easily replace a single "power assembly" (cylinder with it's liner and head, piston, and rod). As for the Commer Knocker... I think it was just ahead of it's time. Brilliant engines... Very similar to Detroit Diesel 2-strokes, but more compact for the same horsepower.
I don't think that OPOC engine will catch on, but there's no reason it would not succeed if it did... It's based on sound designs that date back over 60 years.
Regards,
Jon