 METAL STORM LIMITED Company Summary
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Metal Storm Limited is a multi-national defence technology company engaged in the development of electronically initiated ballistics systems using its unique "stacked projectile" technology. The company is headquartered in Brisbane, Australia and incorporated in Australia. Metal Storm Limited technology and products are represented in the USA by Metal Storm Inc., which has offices in Arlington Virginia.
Metal Storm is working with government agencies and departments, as well as industry, to develop a variety of systems utilising the Metal Storm non-mechanical, electronically fired stacked ammunition system.
Metal Storm's weapon technology uses computer-controlled electronic ignition and a system of stacked projectiles, to achieve a completely non-mechanical gun that is very lightweight and compact, providing a very high firepower to weight ratio. The Metal Storm weapons system utilizes multiple barrels mounted together on one platform which allows varying munitions types to be deployed in a single, low cost, lightweight weapon system. Firing the weapons by electronic ignition requires no moving parts, allowing reliable long term unattended weapon operation. |
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| Company Data |
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Fax |
(07) 3221 9788 |
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Principal Sector |
Int'l Trade |
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Principal Industry |
Capital Goods |
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Listed |
1999/07/08 |
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Homepage |
www.metalstorm.com |
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| Markets | | Stock Exchange | Stock Code | | ASX | MST | | | ZOBEX | MSM | | | ZOBEX | MSMA | | | EUREX | MSM | | | XETRA | MSM | | | NASDAQ | MTSX | | | PNK | MTSXF | | | |
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| News |
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|  Metal Storm (ASX:MST) Completes Live Trials Of 40mm Three Shot Stacked Thermobaric Grenades Mounted On An M16 Rifle (APR 8, 2008) | | Metal Storm Update Of Operations; Weapon Systems (SEP 22, 2006) | | Metal Storm Lodges Prospectus for A$27.5 million Underwritten Issue (JULY 28, 2006) | | Metal Storm is Awarded USMC Contract for Weapon System (JULY 13, 2006) | | Metal Storm Announce John Nicholls Appointment as Non-Executive Director (JULY 3, 2006) | | Metal Storm signs AU$5.0m Working Capital Facility (JUNE 16, 2006) | | Metal Storm Ltd Raises A$3Million Under Recent Share Purchase Plan (MAY 19, 2006) | | Metal Storm Firing System In Running for US Marine Corps Contract (MAY 10, 2006) | | Metal Storm Awarded US Contract by StarChase LLC (MAY 9, 2006) | | Metal Storm Announce A$27.5 Million Renounceable Rights Issue (MAY 8, 2006) | | Metal Storm Announce a Staged A$25 Million Capital Raise (APR 21, 2006) | | Metal Storm and EOS Ltd unveil Redback Weapon System (FEB 21, 2006) | | Metal Storm and ST Kinetics Jointly-Developed High Explosive Stacked Rounds (FEB 20, 2006) | | Defence Technology - Metal Storm - Announces Appointment of Director (FEB 7, 2006) | | Metal Storm wins US funding of A$975,000 for munitions development (JAN 17, 2006) | | Metal Storm & EOS Join Forces (NOV 3, 2005) |
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