From the link provided by adder:Navy Transition Assistance...

From the link provided by adder:

Navy Transition Assistance Program

N07-162 - Physical Optics Corporation
Smart Optical Proximity Fuze

TECHNOLOGY TRANSITION OPPORTUNITIES (PHASE III)
Other Potential Applications: Non-lethal small-mid caliver munitions
Target detection for air-to-ground missiles
Collision avoidance
Business Model: lisensing and teaming in production
Objective: Currently a contract on delivery of 25 SOProF units for 40-mm airburst round with Metal
Storm is completed. New contract with Metals Storm on delivery of 20 SOProF units for non-lethal
thermobaric 40-mm round started 08/20/2010.
Need additional funding for energy source development and establishing a testing facility.

Everybody needs cash!