We talked about this device earlier here and here. I have to believe these devices have more uses than just target designation including navigation and man-overboard recovery. It quickly, quietly, and accurately passes information to the bridge, CIC, or remote weapons operator.

Both the text and video talk about 3D designation. I have to assume that means range and elevation as well as bearing. They also claim to have solved the potential parallax problem (differences in target bearing when taken from different locations on own ship).

This could be particularly useful for the Webber class going to PATFORSWA where they might be confronted with the asymmetric threat of large numbers of fast inshore attack craft.