This is not a new piece of technology, its just something that I have recently found. Its called the Autotether. Its an electronic and wireless solution to your kill switch. It involves two parts, the host and the FOB. The host is attached to your helm and to your kill switch. The FOB is attached to your life jacket or your belt loop. If you fall overboard and the FOB on your life jacket or belt loop gets wet, it will send a signal to the host unit and pull your kill switch with in 1.5 seconds.
Click here to see a video of how this technology works.
Click here to go to the Autotether website.
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