Liquidmetal Technologies, Inc. (OTCQB:LQMT): Teams Up with the University of Southern California

Posted by: : Viraj ShahPosted on: July 14, 2014 Liquidmetal Technologies, Inc. (OTCQB:LQMT): Teams Up with the University of Southern California

Liquidmetal Technologies, Inc. (OTCQB:LQMT) recently announced to have teamed up with M.C. Gill Composites Center of University of Southern California to develop an advanced manufacturing process for the production of large scale “amorphous” metal and fiber laminate sheets. Basically for space applications. Liquidmetal Technologies is the global leader in development of “amorphous” alloys and composites. The collaborative work is funded by NASA Small Business Innovation Research (SBIR) Phase I contract for the topic, “Cross cutting advanced manufacturing process for large scale bulk metallic glass systems for aerospace applications.”

The advanced technology is intended to build an outer wall “bumper shield” for spacecraft and satellites which could offer certain degree of protection against micro-meteoroid and orbital debris. The preliminary objectives involve development of methodology for large scale manufacturing of thin “amorphous” metal sheets as well as fiber metal laminate fabrication in “complex” geometries.

Dr. Stephanie O’Keeffe, Materials Scientist and Project Manager at Liquidmetal Technologies, Inc. (OTCQB:LQMT) expressed that the anticipated development through this project and related research findings could have a wider applications, including aerospace, medical, defense and automotive. In the initial phase the team will concentrated on developing small scale prototypes; feasibility studies for manufacturing processes; and overall readiness for the technology. The initial phase is expected to be accomplished by this year end.

Liquidmetal Technologies, Inc. (OTCQB:LQMT) is engaged in the development of bulk alloys and composites using the “amorphous” alloy technology. Amorphous alloys allow the performance advantages driven by their unique characteristics to retain a random structure upon solidifying. The company is first to produce commercially viable bulk form using “amorphous” alloy technology. It’s executive team comprises Tom Steipp as President and Chief Executive Officer; Ricardo Salas as Director and Executive Vice President; Tony Chung as Chief Financial Officer; and Bruce Bromage as Executive Vice President for Business Development & Operations.

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Viraj Shah

Analyst at HEFFX
HEFFX Trading Room is lead by Shayne Heffernan and research from the Trading Desk is prepared by contributor Cyrus, Cyrus has done a M.Com (Finance) and currently pursuing CFP. He is a technical analyst who tracks US markets along with other global markets like India very closely. He is very passionate about stocks and believes that money can always be made in market.
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