Metal Storm is a defense technology company that develops projectile launching systems utilising its unique, electronically initiated, stacked projectile technology. With offices and supporting in house engineering capability in Australia and the USA, Metal Storm is focusing its technology effort on medium caliber capabilities and applications, in particular 40mm. The value of Metal Storm technology lies in the core capability advantages it provides in a range of applications compared with existing conventional technologies. These core advantages provide advances in capability for military and security forces. The Company is in a development phase as it transitions its technology from proof of concept to product implementation. The details of the technology and related applications are outlined in detail on the company website.