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Liquidmetal Technologies, Inc. (LQMT)

Liquidmetal® Technologies, Inc. is the foremost developer of bulk alloys, which utilize the performance advantages that amorphous alloy technology provides. Amorphous alloys are unique materials distinguished by their ability to retain a random structure when they solidify. This is in comparison to the crystalline atomic structure that forms in ordinary metals and alloys. Liquidmetal® Technologies has its headquarters in Rancho Santa Margarita, California, where it also has its Manufacturing Center of Excellence. The company's shares trade on the OTC Markets.

Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form. This is enabling critical improvements in products across a wide array of industries.

Liquidmetal has two to three times the strength of titanium and stainless steel. It undergoes processing alike to plastics on the company's proprietary Liquidmetal molding machines. The company's class of patented alloys and processes form the foundation of high performance materials used in a broad spectrum of medical, military, consumer, and industrial, and sporting goods products.

Liquidmetal is processed and solidified in a vitreous or amorphous state (frozen liquid). Liquidmetal® Technologies' alloys are, in many cases, stronger, harder, more elastic, and more wear and corrosion resistant than typically used high-performance alloys.

The company's "bulk" amorphous alloys possess advantages normally associated with plastics. These include the ability to undergo molding into precision, complex, as well as highly finished products. Liquidmetal® Technologies controls the Intellectual Property (IP) rights with greater than 70 U.S. patents.

Liquidmetal® Technologies and the University of Southern California's M.C. Gill Composites Center are working in tandem to develop an advanced manufacturing process to produce large-scale amorphous metal and fiber laminate sheets for space applications. The work is funded by a NASA SBIR (Small Business Innovation Research) Phase I contract addressing solicitation topic number Z2.01, "Cross cutting advanced manufacturing process for large scale bulk metallic glass systems for aerospace applications."

Professor Lugee Li, Chairman and Chief Executive Officer at Liquidmetal® Technologies was presented with an Excellence Award from the International Magnesium Association (IMA) at the 2017 World Magnesium Conference, which took place in Singapore on May 21-23, 2017. This Excellence Award was presented to Professor Li in recognition of a new automotive cast design for structural portions of automotive closure panels (side doors, lift gates, hoods, trunk lids) where his innovative, novel, and creative design and development of magnesium demonstrated considerable advances over existing practice.

In Q2 2017, ended June 30, 2017, Liquidmetal® Technologies received two hot crucible amorphous metal molding machines from its licensing partner Eontec Ltd. The machines permit the production of amorphous alloy parts, which are up to three times larger and one-third the cost of established technologies. The company also continued the build out of its new manufacturing facility in Q2, which it bought in February of this year.

 

 

 

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