Metal Storm is a defence technology company that develops projectile launching systems utilising its unique, electronically initiated, stacked projectile technology. With offices and supporting ‘in house’ engineering capability in Australia and the USA, Metal Storm is focusing its technology effort on medium caliber capabilities and applications, in particular 40mm.
The value of Metal Storm technology lies in the core capability advantages it provides in a range of applications compared with existing ‘conventional’ technologies. These core advantages provide advances in capability for military and security forces. The Company is in a development phase as it transitions its technology from proof of concept to product implementation.
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14 years ago
03 Aug 2010 - Aus shares close higher. Nexus Energy Ltd (ASX:NXS) says it has not been approached, nor is it in any discussions regarding a takeover.
Market Reports /
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14 years ago
The local share market has closed the session and week lower. Downer EDI Ltd (ASX:DOW) says it will not need to raise capital to fund the manufacture of trains as part of a contrac…
Market Reports /
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14 years ago
Australian share market may open steady. Terramin Australia Ltd (ASX:TZN) expects to post a loss of $9 million for the year to December 31, 2009.
