How is this different from Xen? It's the same approach as Xen or Hyper-V where the hypervisor is its own component, then you boot into a virtualized Dom0 or Root Partition (in Xen and Hyper-V terminology respectively) that can manage the hypervisor underneath it.
This is different from KVM where your hypervisor runs in your Dom0/Root Partition.
This is a much lighter weight (~100k) alternative to Xen focused on baremetal TPM anchored remote attestation, formal verification, and trusted computing applications.
Anyone considering Xen should probably also consider Nova depending on requirements.
Isn't VMware also that design ?
Xen had a generic guest to host vulnerability disclosed in the last few days: https://codeant.ai/security-research/xenbleed-a-grant-copy-c...