MST metal storm limited

From: The Courier-Mail July 26, 2012 1:30PM BRISBANE weapons...

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    From: The Courier-Mail

    July 26, 2012 1:30PM

    BRISBANE weapons maker Metal Storm - which pitched ideas ranging from an electronic handgun to a three-shot grenade launcher - has finally run out of cash after 18 years of development.

    Voluntary administrators were called in this morning to Metal Storm, which has chalked up $115 million in losses.


    http://www.couriermail.com.au/business/weapons-developer-metal-storm-placed-in-voluntary-administration/story-fn7kjcme-1226435689065
 
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