BLG 0.00% 2.5¢ bluglass limited

BLG - General Discussion, page-524

  1. 2,010 Posts.
    lightbulb Created with Sketch. 615
    DragonFire laser:
    MoD tests weapon as low-cost alternative to missiles

    The UK has successfully fired a high-power laser weapon against an aerial target for the first time in a trial.It is hoped that the test will pave the way for a low-cost alternative to missiles to shoot down targets like drones.The DragonFire weapon is precise enough to hit a £1 coin from a kilometre away, the Ministry of Defence (MoD) says.It described the test, at its Hebrides Range in Scotland, as a "major step" in bringing the technology into service.Defence Secretary Grant Shapps said the technology could reduce "the reliance on expensive ammunition, while also lowering the risk of collateral damage".The MoD says both the Army and Royal Navy are considering using the technology as part of their future air defence capabilities.While laser weaponry might sound like something from science fiction the US Navy has already installed systems on several destroyers.However, missiles rather than lasers have been used to shoot down drones during the current conflict with Houthis in the Red Sea.Missiles can be far more expensive than the drones they destroy, with some costing millions of pounds compared to a few thousand.The MoD says firing the DragonFire system for 10 seconds is the cost equivalent of using a regular heater for an hour, with the cost of operating it typically less than £10 per shot.
 
watchlist Created with Sketch. Add BLG (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $45.97M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $1.882K 76.06K

Buyers (Bids)

No. Vol. Price($)
5 784624 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 78794 1
View Market Depth
Last trade - 15.09pm 03/10/2024 (20 minute delay) ?
BLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.