Phys.org;s Dynamic orbital slingshot: A cool idea to catch up with an interstellar visitor references the MIT press release To catch an interstellar visitor, use a solar-powered space slingshot and both discuss NASA's Dynamic Orbital Slingshot for Rendezvous with Interstellar Objects found in the April 8, 2020 announcement NIAC 2020 Phase I, Phase II and Phase III Selections.
The Dynamic Orbital Slingshot link shows the image below, which from an orbital-mechanical perspective is much better than the one shown in the Phys.org link!
Question: If an object approached the Sun from far away on a $C_3=0$ (zero energy, parabolic eccentricity=1) trajectory for example, and a statite† parked at radius $R$ wanted to pass by it at close range, how soon would it have to "release" and fall in a straight line to intercept it as a function of the object's perihelion. Would the distance that the object was detected $R_D$ have to be much farther than $R$ from the Sun for this to work?
If instead it used its solar sail throughout the trajectory rather than just "going ballistic", would the required detection distance be smaller? Could it be smaller than $R$ in this case?
†A static satellite would be "parked" far from the Sun by balancing the attractive gravitational force with a large, very low mass solar sail, roughly 650 square meters per kilogram at any distance since both forces scale as $1/r^2$.
$$\frac{GM \ c}{2 \times 1 \text{AU}^2 1361 \text{W/m}^2} \approx 650 \ \text{m}^2/ \text{kg}$$
where the factor of 2 comes from perfect reflection. See also Statites - Are they possible in anything but theory?
Rendering of the Dynamic Orbital Slingshot concept. Credits: Richard Linares and NASA