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Dump the single purpose rescue "hook" knives, I've seen them fail on seatbelts and rigging after a single use.
Set a Spyderco Rescue, Atlantic Salt, Harpy, Tasman Salt, etc...fully serrated. These knives cur like demons and last, they come stupid sharp and stay that way.I have converted many first responders to them after they tried mine.
On handed opening and a lanyard hole for retention. When I was still jumping I kept a fully serrated Endura attached to my gear, never had to use it but had complete confidence it would not fail me.
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I'm a fan of Spyderco's serrated edges. They will cut through anything.
I should have mentioned the purpose of the hook knife. I do a type of skydiving called Canopy Formation Skydiving in which we intentionally dock our parachutes on other jumpers to build formations. Here is an example:
The hazard that we deal with is getting our parachutes and bodies entangled with other parachutes. Usually those situations work themselves out and untangle themselves or sometimes with a little effort on our part. Less often we have to cutaway our parachutes (not literally cut with a knife--we pull a release handle), freefall clear of the mess and then deploy our reserve parachutes. On very rare occasions a jumper has to cut their way out of an entanglement. In those situations it is critical that we cut *only* the stuff we need to cut. That is where the shape of the hook knife excels. It limits access to the cutting surface so that if necessary, we can cut individual suspension lines without cutting through a harness or other critical component.
A blade with an exposed serrated edge, e.g., a Spyderco folder, carries too much risk of "collateral damage" and in an entanglement situation that can be deadly.
There was mention of two single-purpose knives being better than one dual-purpose knife. I agree with that. I don't like extra crap. For years the kind of hook knife I have been carrying seemed good enough. With the widespread usage of fibers like Spectra and Kevlar in parachute suspension lines, though, that has changed. Cutting through 550 suspension line is one thing. Cutting through Spectra is quite another. Spectra is used in slash-resistant protective gear and with good reason. It is a nightmare to cut and will quickly dull a razor blade type of cutter to the point where it is unusable. Typical scissors are no match for Spectra and neither is the typical smooth edged knife blade. My Spyderco will cut through Spectra--not without a little effort, but it *will* cut it. That is why I want the combination of a hook and a protected serrated edge.
It's a very specialized use for a knife and I think I'm going to have to modify an existing knife.
Thanks for all the suggestions. I will keep you posted.