METAL STORM ON TARGET IN THE US

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.”

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

HESTA to pump $250m into new global fund with Stafford Capital Partners

HESTA to pump $250m into new global fund with Stafford Capital Partners

Strong returns over the past three years from a $200 million global...

Pacific Smiles to extend nib dental offering to all centres

Pacific Smiles to extend nib dental offering to all centres

Takeover target Pacific Smiles (ASX: PSQ) may see its clinics filli...

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

There’s something curious about the proposed merger between C...

Sushi Sushi catches a new fish with Sushi Musa acquisition

Sushi Sushi catches a new fish with Sushi Musa acquisition

One of Australia's leading quick service retail (QSR) food chai...