Well, you are correct, but let me make a note about the differences. The Olight has a tail cap, so it's easy to add a magnet internally and have a spring to hold it in place. These Atom lights are a solid body (no tailcap) with no spring in the tail. So it is difficult to work with if the magnet is internal, and there is nothing to hold the magnet in place since the design revolves around a non-moving (no spring) contact in the tail. It's possible, definitely, just not super practical based on the design. If this light used a tail cap and spring in the tail, I would be more included to agree.