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 Australian 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 (DoD) has accelerated the programs under development as it strengthens its counter-terrorism capabilities. (from their press release). The stock is mostly traded in Australia. metalstorm.com |
