This is a ship dial for a custom ship that in this case happens to be the hammer head corvette.
I want to plug a few good resources since I have your attention. There is a new Homebrew module which makes print outs that you can paste to this token for additional rigidity. https://infinitearenas.com/index.html
The following hammer head corvette model actually recently inspired me to make not only the model, but a dial and ship token that is compatible with the x-wing stands. There are some photos above but you can find the links below.
The author marked this model as their own original creation.