It is a really nice 3 in 1 charging stand!
I'm a bandaholic and have added a slew of new bands for my Ultra Watch. I've purchased the $300 Pure T2 Titanium band from NOMAD (they have some amazing bands, btw), which is beautiful. But the band you see on my Ultra in the photo is a Titanium band from a company called LDFAS. It costs $70 and has the simplest link adjustment system by simply pushing a button down on the underside of the link, remove the link and put the band back together.
The Titanium matches the watch color perfectly and is an amazing value for $70. It's a brand new design from them and I really like it.
Here's a link if you're interested --> https://www.amazon.com/dp/B0BND3PZXL?psc=1&ref=ppx_yo2ov_dt_b_product_details
Here's the expensive Nomad band:

And another Nomad band I really like is called the Rugged Sport band, which I like so much, I have it coming in Orange (hopefully next week after ordering it a couple months ago).


The Rugged band is made of FKM Fluoroelastomer (the same material Apple uses in their Sport Bands)and is just a perfect compliment to Apple Watch Ultra.