It’s the raincoat that expands down to become a tent (or sorts). The Wearable Tent is a waterproof jacket with zippered pockets to hold the integrated three-season sleeping bag and the shelter. I don’t think you’re going to be doing any serious camping with this but in a pinch you can lay down and be protected from the rain like this:
It even has a mosquito net to keep the bugs out. $249 from Hammacher.