Stumbled across an orbiter that has difficulty maintaining a grip on handles and was looking for a ring-shaped handle that could still hold a microlight. To the best of my knowledge one doesn't exist, and I thought it could maybe be a cool idea, so I figured I'd try my hand at whipping one up real quick! Created it in tinkercad, nothing special but it should at least be functional. Chips can face 2 different directions depending on preferences, designed to expose the bulbs for bright trails since there's not much material to diffuse through.

This will fit nano-sized microlights, silicone cases required, Futuristic Lights Ion or Atom chips are my recommendation as I do all my measurements off an Ion so it's the only chip I can 100% confirm fits. Haven't printed it myself, it'll prolly be quite light for an orbit handle so I recommend printing at a very high infill for maximum density / stability, but by golly it's got a ring you can hold!