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Wednesday, August 05, 2020 9:52:49 PM
Liquidmetal Technologies Reports Third Quarter 2018 Results
LAKE FOREST, Calif.--(BUSINESS WIRE)--Nov. 6, 2018-- Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloys and composites, reported results for its third quarter ended September 30, 2018.
Management Commentary
Dr. Bruce Bromage, the Company’s Chief Operating Officer, stated that “the third quarter of 2018 showed the Company’s continued execution of our commercialization strategy. Early production orders shipped during the quarter for Amorphous Metal Molding (AMM) and Metal Injection Molding (MIM) customers. In addition, the Company has active development projects with top-tier medical, automotive and consumer products companies, each with potential for volume, multi-year production.”
Dr. Bromage continued that “several projects are underway in collaboration with Yihao Metals, taking advantage of Liquidmetal’s amorphous metals expertise and proximity to US customers to develop parts that can be produced in high volumes in Asia. Liquidmetal and Yihao are working together to improve the cost of commercial AMM machines, alloys and processing methods to open markets globally.”
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