This is the LIDAR-Lite v3, a compact, high-performance optical distance measurement sensor from Garmin™. This easy-to-use 40-meter laser-based optical ranging sensor has all the core features that made the LIDAR-Lite v2 so popular. It’s user-configurable so you can adjust between accuracy, operating range and measurement time.
LIDAR-Lite v3 features an edge-emitting, 905nm (1.3 watts), single-stripe laser transmitter. It has an accuracy of +/- 2.5cm at distances greater than 1m and the repetition rate is 1–500Hz.
The third version of the LIDAR-Lite still operates at 5V DC and it can be interfaced via I2C or PWM. Arduino library is available.
More information is available on the website of Sparkfun.