A recent pair of patent applications have appeared online. The patents are regarding the rumored Apple location tracking device. These trackers have been labeled as “Apple Tags” or “AirTag” by leakers.

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The patent application was filed under “Multi-Interface Transponder Device – Altering Power Modes” and “Multi-Interface Transponder Device – Power Management,” with the US Patent and Trademark Office. The patent details the basic functionality of this location tracking device, which will work alongside a host smartphone or tablet, as reported by AppleInsider.

In the patent, the company has placed an emphasis on the functionality of the multi-interface transponder (MIT) device, which includes connectivity, communication with nearby electronics, power affordances, and more. Furthermore, the patents also outline a special power management feature that enables “intelligently boosting beacon transmission depending on determined location and proximity to nearby devices.”

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The MIT device is described as a portable and compact gadget with a simple processor, light and motion sensors, radio stack, and power core. Additionally, it can even be attached to various objects like wallets, keys, and IDs. In other words, it’s a small location tracking device that can track down your important belongings or even smartphones when paired with an iPad or iPhone, for instance.