What is the handheld SDR and where can I buy one?
Looks like maybe a custom case, but 99% sure it's this hardware that has been customized.
edit: Actually you can find the exact model they are using on eBay...just google the first line of text in this comment.
edit: ok, direct link https://www.ebay.com/itm/224339096828?chn=ps&mkevt=1&mkcid=2...
Once you know that it's, say, 9600 baud FSK at 433MHz, you can buy a transceiver IC for a few dollars that can send and receive that frequency and modulation, and drive it with a microcontroller.
I wouldn't be surprised if we start seeing such devices on AliExpress for $10 within a year or so.