Liquidmetal Technologies Inc (OTCBB:LQMT) announced that it received a custom production contract from Miltner Adams Company. It is the first contract for a product that will be manufactured at Rancho Santa Margarita facility. Tom Steipp, the CEO said that the application complements well with the technology, helping the company to take a big leap toward achieving its goals for 2015. The facility will become fully operational in 2015.
Richard Miltner, the co-founder of Miltner Adams, said that it is rare to locate a technology that can have a considerable impact on the product’s performance. It is the right time to manufacture and launch the new products in the market. Miltner possesses experience in self-defense and martial arts, and he uses same experience in bringing innovation in Liquidmetal Technologies Inc (OTCBB:LQMT)’s products. Miltner Adams also take clues from the Austrian Armed Force to engineer top range of knives.
Liquidmetal received the first production contract for its Rancho Santa Margarita facility from Miltner Adams. It is a California-based firm that has been in the market since past 14 years. It is known for bringing innovation, especially in products like knife and self-defense tools. The knives produced by Liquidmetal Technologies Inc (OTCBB:LQMT) are famous all over the world. Its product has even won many awards like the IWA International Knife Award in segment of Technical Design in 2006. The other recognition includes BLADE Knife of the Year Award won in 2005 for most innovative imported design and member recommendation by the NTOA for MA-2/II, MA-4/II and tactical knives.
The new facility of Liquidmetal Technologies, Rancho Santa Margarita, utilizes the performance benefits provided by amorphous alloy technology. Liquidmetal is the first firm to manufacture amorphous alloys in bulk form, indicating considerable improvements in products among a wide array of industries. Miltner Adams will take benefit of the company’s amorphous alloy technology.