MST 0.00% 0.1¢ metal storm limited

bite the bullet, page-6

  1. 1,460 Posts.
    Banger - The technology is controlled by the eminent domain provisions relating to defence related products - so the Defence depts of US Aust and GB can use the products regardless of the owners - why have they not? - it is called procedure relating to the introduction of new weapon systems - made doubly difficult with MST tech as both weapon and ammo need to go through the process - chicken and egg.

    NORMALLY the host country DOD where the invention and initial concept appear then carries on with the difficult nurture from concept to introduction into service. So in Aust DSTO did the initial development and concept provenance and DMO would then take on the nurture and passage forward to introduction.

    This did NOT happen here for reasons various including IMO myopia within the DMO procurement process. Overseas countries such as the US Canada Singapore and PNG! have had a more rational view of the product and were and are mystified by the DMO approach.

    As a consequence of this myopia MST mgt has had to seek funding from less traditional sources - this has become harder after the GFC and is where they stand at the moment. It does not matter who wins the IP as eminent domain means the Defense depts can take control whenever they wish.

    One possible outcome would be for the big arms coys share out the IP and all develop products based upon it. I would prefer the IP to remain under Aust control and the benefit of the royalties etc flow back into Australia but whether that will happen?

 
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