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What does M735 stand for?

M735 stands for Proximity Fuse

This definition appears very rarely

Samples in periodicals archive:

3-gram pellets were only going to merely scratch the paint off a mortar round, but could nevertheless (as it has indeed proved, by the way) trigger the proximity fuse (if fitted) or the impact fuze (sheer luck) of the mortar or artillery shell.
During World War II, as director of the Pentagon's Office of Scientific Research and Development, you gave us everything from the proximity fuse to the A-bomb.
As he points out, a narrow difference in timing in the appearance of radar and the proximity fuse might have doomed the aircraft carrier to irrelevance; it was not until well into World War II that a carrier could muster sufficient striking power to hold a combat-ready battleship at risk.
Oh, and one of Crosley's companies was also responsible for work on the top-secret proximity fuse in World War II, considered one of three projects pivotal to the Allied victory, right after the A-bomb and radar.