Metal Storm Limited - 500 Beiträge pro Seite

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ProfileMetal Storm Limited is an electronic ballistics technology company based in Brisbane, Australia, with an office in Washington DC in the United States. The company owns the proprietary rights to fully-electronic ballistics technology, which was invented and developed over the past 22 years by Managing Director and CEO, Mike O`Dwyer.
Metal Storm is building its strategic presence in the US within government and defence circles. Contributing to that effort has been the company`s two highly experienced and respected US directors, Admiral William A. Owens (US Navy retired) and General Wayne A. Downing (US Army retired). General Downing left the Board in October 2001 following his appointment as US National Director for Combating Terrorism. The company`s early and continuing technical success combined with the establishment of key partnerships, has resulted in a growing profile in the US and increased R&D backing.



http://www.metalstorm.com

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Army Research Office Selects Metal Storm Technology For U.S. Department of Defense Small Business Innovation Research Project
Monday December 16, 8:58 am ET
Project Represents Third Small Business Innovation Research Program for Metal Storm


ARLINGTON, Va.--(BUSINESS WIRE)--Dec. 16, 2002-- Metal Storm Limited and ((NASDAQ ticker symbol: MTSX) and (ASX Code: MST)), announced today that the U.S. Army Research Office (ARO) has made a Small Business Innovation Research (SBIR) Phase 1 award to Metal Storm`s partner, Schappell Automation Corporation, Inc.
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For Metal Storm, this award marks the third SBIR program success in the current round of awards. The basis for the awards is to employ the company`s technology as the ballistic component of US Department of Defense systems.

The primary objective of this SBIR program is to develop the capability of Metal Storm`s electronic ballistic technology to deliver special projectiles from a Metal Storm pod-system. The system has several options including mounting on robotic vehicles or as a hand held weapon. More and more, US and allied forces are finding themselves in situations other than wartime conflict, such as peacekeeping operations, homeland security or other anti-terrorist operations. These forces need a capability that will reduce or eliminate this new threat but in a manner that limits injury when used as a first warning; prior to having to apply lethal force. Special Metal Storm projectiles will be developed in conjunction with the unique Metal Storm weapons delivery system to provide this less-than-deadly force capability.

Mike O`Dwyer, Metal Storm`s Chief Executive Officer and President said, "In the last six weeks Metal Storm has received three SBIR contract awards for different applications of its technology. The previously announced Missile Defense Agency awards include development of a capability for a new defense system against land and space-launched missile attack. This new ARO award takes advantage of Metal Storm technology in a quite unique manner compared to previous Metal Storm technology applications. For example, this product can be mounted on a robot to deliver special projectiles for use by US and allied forces in current style military operations associated with less than all out conflict."

"As US and allied forces are asked to respond to these new and challenging situations around the world with varying degrees of force, Metal Storm technology can address these requirements. That`s very good for our future business as we move this identified defense requirement from a technology concept and position it for commercial production."

Schappell Automation Corporation (SAC) has extensive experience in robotics and automated weapon systems. The company has been responsible for a series of remotely controlled and autonomous land vehicle programs including the design, building and testing of DARPA`s Autonomous Land Vehicle as well as a number of other key programs.

The Department of Defense (DoD) SBIR program funds early stage R&D projects which serve defense needs and have the potential for commercialization in private sector or military markets. SBIR proposals pass through three phases. Phase I is a six-month commercial feasibility concept stage. Success at this level can lead to an invitation to participate in a Phase II award of up to $750,000 over two years to develop the proposal to prototype stage. Phase III requires private sector funding to take the technology to commercialization. In addition, the SBIR program provides for private funding into Phase II which can fast-track approvals and attracts up to 4 DoD dollars for every 1 dollar private contribution, thereby leveraging private sector investment.

www:metalstorm.com

About Army Research Office: www.aro.army.mil/arowash/rt/sbir/phase1_2.htm

About SBIRs: www.Acq.osd.mil/sadbu/sbir

About SAC:

SAC have extensive experience in dealing with unique weapons systems. This dates back to early shipboard AAA weapons systems, DARPA`s Smart Weapons Program, and currently, applications of the Metal Storm technology as a result of joint activities with DARPA, SAIC and Metal Storm, Inc. SAC have also developed robotic vehicles as potential weapons platforms. SAC personnel have also been responsible for the development of targeting systems, weapons stabilization platforms, area correlation systems, as well as target ranging and imaging systems for reconnaissance and target acquisition and tracking.

About Metal Storm:

Metal Storm Limited is a research and development company based in Brisbane, Australia. The Company is capturing attention from defense organizations worldwide with its revolutionary 100% electronic ballistics technology, which has no known conventional equivalent. Metal Storm currently has approximately US$50 million in research and development funding in place to develop its technology from leading government defense-related agencies in Australia and the United States. Additionally, the company is well positioned to support the US government`s more urgent homeland defense needs. Recently, the US Department of Defense has accelerated the programs under development as it strengthens its counter-terrorism capabilities.

Safe Harbor

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the company`s technology, the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company`s technology, the market for the company`s products, government regulation in Australia and the U.S., changes in tax and other laws, changes in competition and the loss of key personnel. For additional information regarding these and other risks and uncertainties associated with the company`s business, reference is made to the company`s reports filed from time to time with the Securities and Exchange Commission, including the company`s Form 20-F.



--------------------------------------------------------------------------------
Contact:
Metal Storm, Inc.
Charles Vehlow, 703/248-8218
[e-mail]
or
Investor Contact:
Lippert/Heilshorn & Assoc.
Jody Burfening, 212/838-3777
[e-mail]
or
Media Contact:
Lippert/Heilshorn & Assoc.
Chenoa Taitt, 212/838-3777
[e-mail]



--------------------------------------------------------------------------------
Source: Metal Storm, Inc.

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Metal Storm Technology Selected by U.S. Navy`s Office of Naval Research for Small Business Innovation Research Project
Thursday January 16, 9:32 am ET
Naval Project Represents Fourth Small Business Innovation Research Program for Metal Storm


ARLINGTON, Va.--(BUSINESS WIRE)--Jan. 16, 2003-- Metal Storm Limited ((NASDAQ ticker symbol:MTSX) and (ASX Code:MST)), announced today that the U.S. Navy`s Office of Naval Research (ONR) has made a Small Business Innovation Research (SBIR) award that selects Metal Storm`s digital technology as the ballistic system for the project.
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The Phase I SBIR award has been made to Metal Storm`s teaming partner, Schappell Automation Corporation, Inc. For Metal Storm, this award marks the fourth SBIR program success which utilizes the company`s technology in the current round of awards.

The project, to be conducted under the Navy SBIR program, will utilize Metal Storm electronic ballistic technology in an innovative weapon system which can deliver a variety of projectiles against a number of different threats. The system is designed for use on naval vessels against close-in threats and can also be configured as a modular system for use by naval and marine landing patrols, as well as to protect port facilities, thereby providing local security for berthed ships.

The Metal Storm weapon system provides options for responding to different threat levels, including the ability to select a less-than-lethal capability as a first response, with the ability to immediately select a lethal response to meet increasing levels of threat.

Mike O`Dwyer, Metal Storm`s Chief Executive Officer and President said, "This SBIR from the US Navy again highlights the utility of our weapon systems to meet a broad range of defense needs in all three services. It follows two Missile Defense Agency SBIRs for defending against a space launched missile attack, and an Army Research Office SBIR providing for the delivery of special projectiles in a pod-system. Taken together, these research programs are an indication of our success in promoting our technology to appropriate contacts within the US defense industry, which has led to an unprecedented number of inquiries regarding our technology."

Schappell Automation Corporation (SAC) has extensive experience in robotics and automated weapon systems. The company has been responsible for a series of remotely controlled and autonomous land vehicle programs including the design, building and testing of DARPA`s Autonomous Land Vehicle as well as a number of other key programs.

The Department of Defense (DoD) SBIR program funds early stage R&D projects which serve defense needs and have the potential for commercialization in private sector or military markets. SBIR proposals pass through three phases. Phase I is a six-month commercial feasibility concept stage. Success at this level can lead to an invitation to participate in a Phase II award of up to $750,000 over two years to develop the proposal to prototype stage. Phase III requires private sector funding to take the technology to commercialization. In addition, the SBIR program provides for private funding into Phase II which can fast-track approvals and attracts up to 4 DoD dollars for every 1 dollar of private contribution, thereby leveraging private sector investment.

www.metalstorm.com

About Office of Naval Research: www.onr.navy.mil

About SBIRs: www.Acq.osd.mil/sadbu/sbir

www.navysbir.com

About SAC:

SAC have extensive experience in dealing with unique weapons systems. This dates back to early shipboard AAA weapons systems, DARPA`s Smart Weapons Program, and currently, applications of the Metal Storm technology as a result of joint activities with DARPA, SAIC and Metal Storm, Inc. SAC have also developed robotic vehicles as potential weapons platforms. SAC personnel have also been responsible for the development of targeting systems, weapons stabilisation platforms, area correlation systems, as well as target ranging and imaging systems for reconnaissance and target acquisition and tracking.

About Metal Storm:

Metal Storm Limited is a research and development company based in Brisbane, Australia. The Company is capturing attention from defense organizations worldwide with its revolutionary 100% electronic ballistics technology, which has no known conventional equivalent. Metal Storm currently has approximately US$50 million in research and development funding in place to develop its technology from leading government defense-related agencies in Australia and the United States. Additionally, the company is well positioned to support the US government`s more urgent homeland defense needs. Recently, the US Department of Defense has accelerated the programs under development as it strengthens its counter-terrorism capabilities.

Safe Harbour

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the company`s technology, the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company`s technology, the market for the company`s products, government regulation in Australia and the U.S., changes in tax and other laws, changes in competition and the loss of key personnel. For additional information regarding these and other risks and uncertainties associated with the company`s business, reference is made to the company`s reports filed from time to time with the Securities and Exchange Commission, including the company`s Form 20-F.



--------------------------------------------------------------------------------
Contact:
Metal Storm, Inc.
Charles Vehlow, 703/248-8218
[e-mail]
or
Investor Contact:
Lippert/Heilshorn & Assoc.
Jody Burfening, 212/838-3777
[e-mail]
or
Media Contact:
Lippert/Heilshorn & Assoc.
Chenoa Taitt, 212/838-3777
[e-mail]



--------------------------------------------------------------------------------
Source: Metal Storm Limited

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Metal Storm Signs Teaming Agreement with Curtiss-Wright/ VISTA Controls for the Customer Demonstration of a Repeatable Access Denial Weapon System
Monday January 27, 9:12 am ET


ARLINGTON, Va.--(BUSINESS WIRE)--Jan. 27, 2003--Metal Storm Limited ((NASDAQ ticker symbol: MTSX) and (ASX Code: MST)), announced today that it has signed a teaming agreement with VISTA Controls, Inc., a Curtiss-Wright company (NYSE: CW - News, CW.B - News), for research, development, construction and demonstration of the Metal Storm Repeatable Access Denial System (RADS).
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Under this agreement, a Metal Storm stacked round RADS system will be combined with VISTA`s stabilized weapons platform, acquisition sensor, integrating software and fully integrated user console. Metal Storm and VISTA will conduct system performance studies and functional capability assessments of this weapon system to produce a fully integrated RADS demonstrator.

The RADS system is intended to be used for very close-in defense and can be utilized against small, lethal, rapidly moving hostile threats, either on land or at sea. It also incorporates Metal Storm`s new generation firing system, announced in a release by the company on 23 September 2002, which substantially reduces the complexity of the ballistic component of the weapon.

Mike O`Dwyer, president and chief executive officer of Metal Storm said, "This agreement is an excellent example of how our company is now attracting prominent and highly capable US defense companies to join with us in advancing our proprietary electronic ballistic technology. VISTA Controls is a leader in designing and producing world class fire control sub-systems and related software, as evidenced by their product placement into key defence programs such as the Abrams main battle tank, the Bradley fighting vehicle, Global Hawk and the Space Shuttle upgrade program. We believe that combining our RADS technology, across a range or combination of calibres, with VISTA`s systems will provide Metal Storm with an enhanced performance capability. Our goal in 2003 is to demonstrate this fully integrated weapon system to defense agencies with a view to achieving production contracts."

Mr. Darwin Beckel, president of VISTA Controls added, "We are very pleased to be teamed with Metal Storm in taking the unique capability of their new and versatile RADS system to the next level of development. Our company continually looks for new technologies that, when integrated into a network centric architecture, provide a powerful combination of firepower and information. We know of many customers that will be pleased to witness the demonstration we will be offering with the RADS product."

Visit www.metalstorm.com

About Metal Storm

Metal Storm Limited is a research and development company based in Brisbane, Australia. The company is capturing attention from defence organisations worldwide with its revolutionary 100% electronic ballistics technology, which has no known conventional equivalent. Metal Storm currently has approximately US$50 million in research and development funding in place to develop its technology from leading government defence-related agencies in Australia and the United States. Additionally, the company is well positioned to support the U.S. government`s more urgent homeland defense needs. Recently, the U.S. Department of Defense has accelerated the programs under development as it strengthens its counter-terrorism capabilities.

About Curtiss-Wright and VISTA Controls:

Curtiss-Wright: Curtiss-Wright Corporation has a long history with its roots dating back to the Wright brothers` first flight in 1903. They have taken their engineering strengths to several markets in which they have established three business segments: Controls, Flow Control and Metal Treatment. The Controls business segment designs, engineers and manufactures actuation components and systems used for leading and trailing edges wing flaps on commercial and military aircraft; systems for opening and closing weapons bay doors on fighter aircraft, suspension systems and turret stabilising and aiming systems for armored vehicles, integrated mission management and flight control computers, ammunition handling and fire control systems, and perimeter intrusion detection systems. Through the recent acquisition of Lau Defense Systems (LDS) and VISTA Controls, Curtiss-Wright is now a leading provider of "turn-key" mission critical military electronics systems, providing design, development, documentation, and support services. In addition to its core business of providing electronics systems to the U.S. military, Curtiss-Wright also offers perimeter intrusion detection security systems and has a licensing agreement for facial recognition products for certain U.S. Government and industrial markets. www.curtisswright.com

VISTA Controls Corp. (VISTA): VISTA Controls, with operations in Santa Clarita, Calif., and Littleton, Mass., designs and develops a wide variety of leading-edge defence electronics systems and board-level items including SBCs, graphics, high-speed data fabrics, I/O, memory, chassis and security sensor products. The company specialises in the design and development of electronics systems, turnkey power control, security networks and distribution subsystems with emphasis on manufacturing engineering, configuration and obsolescence management for military programs. Applications for its products range from mission processors, fire control and power distribution subsystems for ground vehicles, surface and subsurface naval platforms, and tactical and strategic fixed- and rotary-wing aircraft, to low- and high-earth orbit space vehicles and security sensors for fixed asset platforms. www.vistacontrols.com

Safe Harbor

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the company`s technology, the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company`s technology, the market for the company`s products, government regulation in Australia and the U.S., changes in tax and other laws, changes in competition and the loss of key personnel. For additional information regarding these and other risks and uncertainties associated with the company`s business, reference is made to the company`s reports filed from time to time with the Securities and Exchange Commission, including the company`s Form 20-F.



--------------------------------------------------------------------------------
Contact:
Metal Storm, Inc.
Charles Vehlow, 703/248-8218
[e-mail]
or
Lippert/Heilshorn & Assoc.
Investor Contact:
Jody Burfening, 212/838-3777
[e-mail]
Media Contact:
Chenoa Taitt, 212/838-3777
[e-mail]



--------------------------------------------------------------------------------
Source: Metal Storm Limited

[DIX]

Eine Thread-Eröffnung im Hartcourt-Style

[Aktienfossil]

zuletzt hat die Aktie sich wieder gefangen und angezogen. Schätze mal wegen dem Irak Krieg und der australischen Beteiligung...

Also der Firmennamen Metal Storm Limited ist schon klasse, der könnte glatt von mir sein

Das wäre doch DIE Aktie für die Hells Angels Urlaub mit der Harley in Dwon under und dann noch der Firma einen Besuch abstatten...

Akteinfossil

[Boersenplaner.de]

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