The pendant version, even more metaphorical with its twisting shape, looks like the insect has been caught in the act of spinning its cocoon.
Here's an excerpt of a poem written by the designer which inspired the CaterpLight:
Implications - The Caterplight will not do one that and that is for sure -- take flight. This is a bold and original creation by the Singapore-based designer Bacus Boo. Keep your eye out for him in the future.