Especially with regard to STK
In February 2008, Metal Storm entered into a Joint Collaboration Agreement with STK to take our 3GL and 40mm ammunition to the manufacturing stage. Under the terms of the agreement, Metal Storm and STK have agreed to ?collaborate in the design, development, testing, qualification, manufacture of prototypes and demonstration weapons and munitions as well as the commercial production and marketing of munitions and selected Metal Storm ballistic weapons that only use those munitions.? STK is contributing funds toward completing the demonstration and trial 3GL weapons and munitions. The agreement is expected to result in munitions that are compatible with all of Metal Storms? 40mm weapons and would allow Metal Storm to expand its operationally-ready munitions to additional types. The agreement terminates in December 2020.
In addition to development and manufacture, STK may market, distribute and support other Metal Storm weapons and munitions.
So Firestorm is in this agreement's terms of reference IMO Hmmm MAUL to the US 12mm and Firestorm/3GL to Singapore....
And I note in the shareholder letter that Singapore shareholders ARE eligible for the SPP And can oversubscribe if they wish.
Hmmmm
Add to My Watchlist
What is My Watchlist?