Tamashii/Bandai is releasing the S.H. Figuarts Ultraman Blazer figure, this figure stands 15cm tall and comes with extra hands, replacement color timer, and weapon, it is unclear if it will light up (most likely not). It will retail for 7,150 yen (w/tax, 6,500 yen without), pre-order start July 14th with release scheduled for Nov 2023.
​Update: the Chilsonite Sword will be included as an accessory with the figure (pic below).