In a recent Bloomberg “Power On” newsletter, tech insider Mark Gurman revealed details about Apple‘s plans for the successor to its item tracker, AirTags. The AirTags 2 is expected to launch around the middle of next year, with various improvements to enhance the tracking experience.

Can you believe it’s been three years since Apple introduced the AirTag to the world? Well, get ready for the next evolution, codenamed B589, which is already in the pipeline and undergoing rigorous testing with manufacturing partners in Asia. Gurman’s insights shed light on what we can expect from this eagerly awaited upgrade.

First off, let’s talk tech. The new AirTags are rumored to feature an upgraded chip, promising more robust and accurate location tracking. Whether you’re keeping tabs on your keys, wallet, or beloved pet, you can expect improved precision in pinpointing their whereabouts.

Gurman hints at other enhancements that could make the AirTags 2 a must-have accessory. Imagine a louder speaker, making it even easier to locate your misplaced items with a simple sound. And who wouldn’t appreciate better battery life? Apple seems to have heard the plea of users longing for longer-lasting power to keep their tracking game strong.

But perhaps most intriguing is the mention of a version optimized for wallets. Picture a slimmer, sleeker AirTag tailored specifically to slip seamlessly into your billfold, ensuring that you never have to endure the panic of a missing wallet again.