Tack One, the company behind it, is also a homegrown Singaporean brand. Made of a hard-shell plastic enclosure, the TackGPS Plus is about the size of a car key fob. It is weather-proof, so a little rain wouldn’t hurt it, but there’s no information on IP rating, so I’d avoid dunking it in water. It’s also considered lightweight at only 30g, but still comparatively heavier and bulkier than an Apple AirTag (11g).
Compared to an Apple AirTag,