MST metal storm limited

now there's a flip...1c sale at the death, page-13

  1. K9
    216 Posts.
    Yes your right TD, it's of interest to note "The
    MAULTM system has been purchased as representative of the two technologies and will undergo
    evaluation both from the perspective of user acceptance and EMC vulnerability and emissions"
    Here you go :-
    Brisbane, Australia ? January 18, 2010: Metal Storm Limited (ASX trading code: MST,
    OTC Symbol: MTSXY).
    On 6 November, 2009 Metal Storm Limited announced that Metal Storm Inc (MSI) had received
    an order from Defence Research and Development Canada for three Metal Storm MAUL?
    12 gauge Multi-shot Accessory Under-barrel Launchers together with ammunition. The
    customer has now approved a more detailed release.
    Defence R&D Canada is examining technologies that could be used in a future integrated small
    arms weapons system. Metal Storm technologies, the 3GL and MAULTM, have been identified
    as potential lightweight solutions providing semi-automatic fire and escalation of force
    capabilities. In addition, the electronic ignition technology is of considerable interest from the
    perspective of an enabling technology for an automatic target engagement capability. The
    MAULTM system has been purchased as representative of the two technologies and will undergo
    evaluation both from the perspective of user acceptance and EMC vulnerability and emissions.
    Commenting on the agreement, Peter D. Faulkner MSI General Manager said ?We are pleased
    to be working with Defence R&D Canada and are looking forward to receiving the results of their
    evaluation. We view this as the beginning of a long term relationship that could potentially lead
    to our participation in the development of Canada?s next generation small arms weapon system.?
    The three MAULTM weapons will be delivered in March 2010, subject to export regulations.
 
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