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Posted: 1/20/2006 6:53:12 PM EDT
[Last Edit: 1/20/2006 6:54:13 PM EDT by KlubMarcus]
www.defenseindustrydaily.com/2006/01/metal-storm-wins-phase-ii-sbir-awards-from-pentagon/index.php

... Now the firm has been awarded a two year Phase II Small Business Innovation Research (SBIR) contract worth approximately A$ 975,000 from the US Army's Armament Research, Development and Engineering Center (ARDEC) for the design, prototyping and demonstration of Metal Storm less-than-lethal munitions.

Under the less-than-lethal munitions contract, Metal Storm will design and build prototype less-than-lethal munitions for demonstration to ARDEC of a range of crowd-control options. These munitions will be compatible with the Metal Storm 40mm launcher technology. Incorporated into the munitions will be "smart-round" capabilities, providing an improved level of safety and flexibility in the less-than-lethal spectrum of operations. The project effort, entitled "Metal Storm Crowd Control System," will extend over a 2-year period. ...

Now that's what I call a small business loan!
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