The Sharp GP2Y0A41SK0F is an optical sensor, that is it works using IR light and is good for a distance of approx. 30cm.
The Theremin in the picture uses the opto sensor to control volume and telescopic mast to control frequency and therefore pitch, according to the position of your right hand.
There's no microcontroller onboard, it uses 2 or 3 ferrite coils and a small amplifier (Lm386, I think ) I can't find the schematics at the moment ! It was a project published in EPE magazine in Sept 2015.
I have to say, I'm very much an EE novice and although the project was eventually successful it was not before a great deal of angst and even more help from the guys on here.
I'm intrigue to know how you would effectively use a 'one handed theremin' ?
S