metal storm sets new speed record

Page 1 of 2
METAL STORM SETS NEW SPEED RECORD
FOR 40MM FIRE
Brisbane, Australia Tuesday, 15 June 2010: Metal Storm Limited (ASX trading code:
MST, OTC Symbol: MTSXY).
Metal Storm Limited is pleased to announce that it has set a new record for the speed at
which it can fire 40mm grenades. On Friday, during firing tests toward its STORM40
grenade ammunition qualification, the Company achieved burst-firing rates of over 10,000
rounds per minute (rpm) from a single barrel.
The test firings also proved that the STORM40 ammunition, which is currently being qualified
for use in the Companys suite of 40mm grenade launchers, is capable of being fired from a
6 shot weapon. Importantly for weapon accuracy, the muzzle velocity of each shot was well
within required military standards.
Metal Storm CEO Dr Lee Finniear said that Metal Storm had previously fired stacks of 3 and
4 rounds of 40mm ammunition at rates of up to 1800rpm. These tests showed that 6 shots
at 10,000 rpm is achievable from each barrel.
This is a very significant outcome said Dr Finniear, not only does it mean we can fire
40mm grenades 500% more rapidly than previously thought, but we can also increase our
total High Explosive firepower before reload by at least 50% over current Metal Storm
weapon configurations.
40mm rounds fired at over 10,000rpm
To draw a comparison, the in-service Mk19 Automatic 40mm Grenade Launcher can achieve
up to 375rpm in short bursts and just 40rpm in sustained fire. Based on the latest results a
10-barrel Metal Storm system could deliver 60 grenades at a selectable fire rate of up to
100,000rpm. This rate of fire would enable the regular soldier to have a far greater
controllable impact on his enemy with his selection of 1 to 60 grenades exploding on target
in as little as 0.04 seconds.
Dr Finniear noted that while the Company continues to focus on its current 3GL, MAUL
and FireStorm products, it was vital that the ammunition design was able to support future
weapon systems.
Metal Storm Limited
ACN 064 270 006
Page 2 of 2
Metal Storm has the ability to create weapons that are faster and lighter than any seen
before. This latest test firing proves that the ammunition we are creating today will be able to
meet the firepower needs of the weapon systems we will be creating tomorrow.
Video of the test firing can be seen at the following URL:
http://www.metalstorm.com/release/40mm_Rapid_Fire_6_Shot.html