Liquidmetal Missile Canard Targeted for Future Lockheed Martin EAPS Test Flight

  Liquidmetal Missile Canard Targeted for Future Lockheed Martin EAPS Test
  Flight

Business Wire

RANCHO SANTA MARGARITA, Calif. -- October 15, 2013

Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of
amorphous alloys, has delivered missile canards that are being fitted for a
future test of Lockheed Martin’s [NYSE: LMT] EAPS (Extended Area Protection
and Survivability) missile.

The EAPS missile is an advanced performance, highly affordable hit-to-kill
missile interceptor designed to defeat Rocket, Artillery and Mortar (RAM)
targets with significantly reduced probabilities for collateral damage.
Working in collaboration with Lockheed Martin’s advanced design team,
Liquidmetal’s unique alloy and processing methods are yielding parts with
remarkable dimensional consistency and precision at an unmatched level of
affordability in comparison to any other precision fabrication method (see
http://info.liquidmetal.com/case-study---missile-flight-control-surfaces-application-comparison
for a related case study).

Canards made from Liquidmetal alloy meet the extremely close geometric
tolerances required for supersonic flight. While these tolerances can be met
with CNC Machining, it is very costly and each part requires detailed
inspection and measurement. In contrast, Liquidmetal parts consistently meet
tolerances and the shape and weight of each part is nearly identical, which is
highly desirable for this application. Also, Liquidmetal parts have greater
strength to weight than steel or titanium. Lastly, once the design has been
finalized, Liquidmetal parts can be produced in high volumes with short lead
times.

“Lockheed Martin has been an ideal development partner for this breakthrough
application for Liquidmetal Technologies, creating a high precision, high
performance part at a lower cost,” said Dr. Bruce Bromage, EVP of Business
Development with Liquidmetal Technologies.

About Liquidmetal Technologies

Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc. is the
leading developer of bulk alloys and composites that utilize the performance
advantages offered by amorphous alloy technology. Amorphous alloys are unique
materials that are distinguished by their ability to retain a random structure
when they solidify, in contrast to the crystalline atomic structure that forms
in ordinary metals and alloys. Liquidmetal Technologies is the first company
to produce amorphous alloys in commercially viable bulk form, enabling
significant improvements in products across a wide array of industries. For
more information, go to www.liquidmetal.com.

About Lockheed Martin

Lockheed Martin Missiles and Fire Control is a 2012 recipient of the U.S.
Department of Commerce’s Malcolm Baldrige National Quality Award for
performance excellence. The Malcolm Baldrige Award represents the highest
honor that can be awarded to American companies for their achievements in
leadership, strategic planning, customer relations, measurement, analysis,
workforce excellence, operations and results.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs about 116,000 people worldwide and is
principally engaged in the research, design, development, manufacture,
integration and sustainment of advanced technology systems, products and
services. The Corporation’s net sales for 2012 were $47.2 billion.

Contact:

Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com
 
Press spacebar to pause and continue. Press esc to stop.