It's a product by iODD, and I now have the improved version: https://www.amazon.com/IODD-ST400-Enclosure-Bootable-Encryption/dp/B0B3HQMV5T/
However, lately I've been using Ventoy for just simple multi-booting, but the iODD ST400 is still great for hardware encryption and booting an ISO as a CD/DVD, although it uses NTFS storage unfortunately, which is the biggest drawback.
@eickmeyer @cdp1337 @vkc You may want to read the first post in this thread - Ventoy has suspicious activity surrounding it that have multiple people (some of them notable) concerned as to its safety.
(Part of me is thinking seriously about attempting to crack open some of the binaries in Ventoy and find out what they're hiding, if anything)