Metal Storm Conducts Electromagnetic Interference Tests on Its 40mm Munitions
2008年5月20日 - 11:45AM
Marketwired
BRISBANE, AUSTRALIA (NASDAQ: MTSX) is pleased to announce that
is has conducted successful Electromagnetic Interference (EMI)
Testing on its 40mm ammunition tail propulsion system.
The tests conducted at a National Association of Testing
Authorities (NATA) accredited facility in Melbourne were the most
rigorous yet undertaken on a key piece of Metal Storm technology
and revealed the selected energetic was well configured to pass
more stringent EMI tests in the next 12 months.
Metal Storm CEO Dr Lee Finniear said the tests showed no
significant flaws in the Metal Storm tail technology, giving the
company a high degree of confidence in progressing the testing to a
full military specification test regime without significant risk of
failure.
"These tests have given us peace of mind about our ability to
ultimately certify a unique inductive firing capability and they
support the progression of Metal Storm technology to certification
and, ultimately, commercialisation," Dr Finniear said.
"The exercise has provided a great deal of technical data about
the immunity of the tail propulsion system in an adverse EMI
environment. Our ultimate goal is for the Metal Storm tail system
to be certified according to current military standards for
anticipated operational use."
Metal Storm has fired a wide range of explosive munition
payloads from its 40mm weapon systems, which operate at the same
muzzle velocity and effective range as other conventional 40mm
munitions.
Its munition range includes high explosive, air burst, enhanced
blast and less lethal rounds and it has future plans to expand its
current range of low velocity munitions into medium velocity and
high velocity munitions to extend their range, lethality and
capability.
Dr Finniear said EMI compliance was a first order priority in
terms of getting Metal Storm technology certified for use within
its intended operational environment.
The actual test process was closely aligned with relevant
military standards and is a step towards formal military EMI
certification for munitions. Furthermore, the chosen EMC
(Electromagnetic Compatibility) test facility has the highest
commercial EMI capability in Australia.
Dr Finniear said the expected risk associated with the Metal
Storm technology within an EMI environment had been significantly
reduced as a result of the testing activity and the next round of
tests would be conducted at an offshore facility.
Notes:
Metal Storm's Australian Stock Exchange trading code: MST
Metal Storm's NASDAQ Small Cap ticker symbol: MTSX
About ST Kinetics
ST Kinetics is the land systems arm of Singapore Technologies
Engineering. It provides integrated systems, specialty vehicles and
their related services for defence, government and commercial
applications. This includes design and development, systems
integration, production, operations & support and life cycle
management. Through its subsidiary, Advanced Material Engineering
Pte Ltd, ST Kinetics also designs and manufactures a comprehensive
suite of 40mm munition solutions, conventional and smart munitions,
advanced protective materials as well as guided system components.
It also provides consultancy, design and engineering services for
homeland security solutions.
About Metal Storm
Metal Storm Limited is a multi-national defence technology
company engaged in the development of electronically initiated
ballistics systems using its unique "stacked projectile"
technology. The company is headquartered in Brisbane, Australia and
incorporated in Australia. Metal Storm Limited technology and
products are represented in the USA by Metal Storm Inc., which has
offices in Arlington Virginia.
Metal Storm is working with government agencies and departments,
as well as industry, to develop a variety of systems utilising the
Metal Storm non-mechanical, electronically fired stacked ammunition
system.
Metal Storm's weapon technology uses computer-controlled
electronic ignition and a system of stacked projectiles, to achieve
a completely non-mechanical gun that is very lightweight and
compact, providing a very high firepower to weight ratio. The Metal
Storm weapons system utilizes multiple barrels mounted together on
one platform which allows varying munitions types to be deployed in
a single, low cost, lightweight weapon system. Firing the weapons
by electronic ignition requires no moving parts, allowing reliable
long term unattended weapon operation.
Safe Harbour
Certain statements made herein that use the words "estimate,"
"project," "intend," "expect," "believe" and similar expressions
are intended to identify forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve known and unknown risks
and uncertainties which could cause the actual results, performance
or achievements of the company to be materially different from
those which may be expressed or implied by such statements,
including, among others, risks or uncertainties associated with the
development of the company's technology, the ability of the company
to meet its financial requirements, the ability of the company to
protect its proprietary technology, potential limitations on the
company's technology, the market for the company's products,
government regulation in Australia and the US, changes in tax and
other laws, changes in competition and the loss of key personnel.
For additional information regarding these and other risks and
uncertainties associated with the company's business, reference is
made to the company's reports filed from time to time with the
Securities and Exchange Commission, including the company's Form
20-F.
Company Contact: Australia & USA Dr Lee Finniear Chief
Executive Officer Metal Storm Limited Ph: +61 7 3123 4700
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