METAL STORM ON TARGET IN THE US

Written on the 10 June 2009

METAL Storm has received encouraging feedback from the US military after a series of live firing demonstrations in Nevada, just weeks after CEO Dr Lee Finniear pleaded for capital raising at the weapons developer’s AGM.

The Brisbane-based company is yet to sell any of its weapons, which has led to serious financial difficulties.

But in April Finniear told Brisbane Business News that he expected a huge demand for Metal Storm’s 3GL Grenade Launcher, the MAUL shotgun and a remotely-operated firing system called Firestorm once they are on the market.

Yesterday’s demonstration was in front of 400 people at the Nellis Air Force Base in Nevada, including key procurement and operational officers from the US Army, the US Marines and international defence forces.

“This was a fantastic opportunity to show our weapons in action and let others try them before a broad audience,” says Finniear.

“The feedback from both the military community and defence industry representatives was very encouraging. It makes a real difference to be able to pass a weapon to a potential user to fire and have him understand, first hand, the potential of Metal Storm.”

He says the 3GL three-shot grenade launcher is a world first, being the only 40mm launcher which is light and compact enough to attach as an accessory to an assault rifle, while also providing a three-shot, semi-automatic firing capability.

“275 metres is a substantial target distance for a grenade launcher, but the trajectory I saw was excellent – also, I immediately understood the practical benefit of three rounds, as I was able to deliver another two rounds without losing my aim. With a conventional grenade launcher the target would not have been neutralised,” he says.

Finniear previously told Brisbane Business News that the 3GL Grenade Launcher was already certified with non-explosive ammunitions and now needs further testing with explosive ammunitions before it qualifies to standards – this successful demonstration certainly makes that prospect more promising.

“The important thing for the troops in Afghanistan is those first seconds of engagement with the enemy when you can do a lot of damage physically as well as psychologically.”

“I don’t think warfare is good news for anybody but if our troops are out there we want them to be prepared, and if we can reduce casualties among Australian or US personnel then our work is done.”


Latest News

AGENTS REPORTING STRONG DEMAND FOR MELBOURNE CBD OFFICE SPACE PURCHASES

SEVEN Melbourne CBD offices have recently sold for more than $11 million in total, demonstrating huge demand for c...

DREAMWORLD PARENT COMPANY DEMOTES CEO DEBORAH THOMAS

ARDENT LEISURE, the parent company of Gold Coast's Dreamworld theme park, has reshuffled its core leadership w...

MELBOURNE SHOPPING CENTRE SELLS FOR $48m AS CHINESE DEMAND RAMPS UP

A MELBOURNE shopping centre has been sold for $48 million, bringing the total spent by Chinese investors on Victor...

HOW WEDDING WOES INSPIRED A BOOMING BUSINESS FOR MEGAN ZIEMS

WHEN she was dress shopping for her wedding in 2010, Megan Ziems (pictured left) was disappointed to discover a ma...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter