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It can be picked up by both agents and guards on its tile, and guards will only pick it up or care about it if they investigate on its tile (but because it makes noise, human guards usually will investigate its tile if they come in its sound range, unless they see something else before picking it up).
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The Hologram projector makes noise in a 1.5 tile radius, and therefore will cause all human guards coming onto its tile or any of the eight tiles adjacent (either orthogonally or diagonally) to it to investigate it. The Hologram projector does not provide soft cover on its own tile in any direction. Unlike most objects that provide soft cover, the object created by Hologram projector allows both agents and guards to move onto its tile (and guards will ignore its existence for pathing purposes).
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The Hologram projector is a throwable item that when thrown creates an object that provides soft cover to any agent standing next to it.
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