Product by Detonation Technology.
PRE-ORDER for delivery by end of 2025.
The latch keeps the knife from falling off wires when setting up remote pulls. The large eyelet allows a carabiner to be directly connected, and the small size lets you carry several to do multiple cuts with a single pull.
This is the Gen 2 design that can use mini utility knife blades that have a center hole.  Locally purchased replacement blades can be used without modification, though some blades are longer than others and will need a tip ground down.
Overall size is still 2-3/4″ x 7/8″ x 3/16″.