Yeah, "Jumping Zone" like in FW:ToW mod. I thought you'll go for something original, but nevermind...
FW:ToW uses jump bouys, not zones. Granted the area is increased, but a completely (visible) solar-free jumpzone is fairly unique from what I've seen in mods.
As for the glow (lord they get brought up a lot. :P) FW;ToW uses such an effect on the TIE series, their ion engines glow brighter the more speed you put into them. It's such a quiet effect I didn't even notice they had engines until someone pointed the two little red dots out. xD
How they did it, no clue.