Interesting new concept. As far as I can tell they are doing bagless SV by using radiant heat instead of water as the conductor. It seems like it's a lot more effort to maintain the ambient temperature than it would be the water bath as there is more thermal mass of water versus air?
Also, they claim to be able to use their sensors to detect interior temperature at all points of the meat by looking at heat signatures around the meat and inferring the temp.
Lastly, they will have a 600 degree searing mechanism built in.