This is a Magpump Magloader known as the Magpump chambered in 223 Remington, model MP-AR15-2.
This hopper-fed" loose-ammo loader is designed to eliminate hand fatigue and reduce magazine loading time by more than 50 percent. Simply load your ammo in the 90-round capacity hopper and let MagPump do the rest. The pump-action lever self-sorts ammunition in either direction" and loads up to 60 rounds in less than 60 seconds. Compatible with all Mil-Spec AR-15 magazines" and .223 Rem" 5.56 NATO and .300 Blackout rounds.
Features:
90-Round Hopper
Self-Sorts Ammunition
Loads up to 60 Rounds in Less than 60 Seconds