As the name suggests, it will allow the player to revive themselves after an amount of time. The player has it at the beginning of the game in all but the Tier 4 ops/ maps, but must be bought again for $4000, if used. It is unlocked at level 13. To be revived, the player must kill one enemy or avoid being damaged for approximately 5 seconds. It is possible to die while trying to revive oneself, as the player has a red health indicator bar.
As seen in the Survival Mode Trailer, Self Revive was originally called Last Stand and was purchasable for $3000.