Makes me think that there is potential of repurposing military smokescreen technology for emergency gear.
What about some emergency signal mirrors with pinhole? It can be plastic so nearly indestructible, weights few grams, basically credit-card size, cost nothing, due to pinhole you can point the sun reflection pretty precisely towards rescuers and it doesn't run out.
Drawback is obviously inefficiency without direct sunlight, but this is something I carry on every camping trip and I don't even think about it anymore.
But, they're designed for exactly this.