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Liquidmetal Missile Canard Targeted for Future Lockheed Martin EAPS Test Flight

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Oct. 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.

Source: Liquidmetal Technologies, Inc.

Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com