Metal Storm Company Description
Everyone knows electricity can be dangerous, but Metal Storm Limited adds a whole new dimension to electrical danger. The company is developing weapons and other systems that use electricity to fire projectiles at a high rate of speed: theoretically, more than a million rounds a minute. Metal Storm's technology uses stackable 40mm bullets that fire from the barrel in sequence, outermost bullet first. Barrels stacked with bullets can be arranged in any configuration and require only electricity to fire. Their prototype handgun, the world's first totally electronic "smart gun" prototype, was developed for police and military to protect against theft by denying firing access to unauthorized users.
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The Company Description provides a historical perspective of Metal Storm's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Metal Storm's evolution in the marketplace.
