Metal Storm announced that DARPA, the central research and development organization for the US Department of Defense, has selected the company's
proposal titled 'Metal Storm Weapons for Urban Environments' for a contract award.
Metal Storm is an Australian Weapons defence system, & is used in a range of Military situations, from Australia's Special forces, to on board
combated system's for Australia's Air Warfare Destroyers, & the Armidale class
Patrol Boats & Battle ships.
New Capabilities for Australian Military, and Specialist Police Teams:
The VLe handgun has been filmed firing a three shot burst in just 1/500th of a second, which equates to a rate of 1-450,000 rounds per minute.
Further developments will also include a rapid reload capability, and miniaturised electronics. A range of alternative electronic access limiters is
planned for future firing systems, as is a battery-free operating capability.
Limited Access Security Feature
Rates of fire from 1- 450,000 rpm
Metal Storm Limited is an Australian owned electronic ballistics technology company based in Brisbane, Australia, with an office in Washington DC in
the United States. The company owns the proprietary rights to revolutionary 100% electronic ballistics technology, which was invented and developed by
J.Mike O'Dwyer formerly CEO, now Director & Executive Consultant.
Metal Storm's technology, which is protected by numerous patents, is currently the subject of over AU$100 million in committed funding to R&D
programs by leading defence and government agencies in Australia and overseas.
Metal Storm listed on the Australian Stock Exchange - ASX code MST - on 8 July 1999, issuing 4 million shares at AU$3.00 each. In June 2000 Metal
Storm announced a five-for-one share split to increase liquidity and meet growing demand for the company's shares.