The Launch 5's CPM154 powdered metallurgy blade steel offers more uniform distribution of carbides, so it takes and holds an excellent edge. It also provides good corrosion resistance, wear resistance, and toughness. The blade is stonewashed for good looks and to hide use-scratches. To lighten the Launch 5's weight, the handles and integrated backspacer are made of durable anodized aluminum. A machined texture on the handles provides a secure grip. It opens with a push button, recessed so that it is level with the flat of the handle. This is a safety feature and makes it harder for the knives to accidentally deploy. Left-handers can use their index finger instead of their thumb to press the blade-release/lock button. A reversible pocketclip is included and a lanyard tie-off is built into the butt end of the knife.

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