HIGHER R&D COSTS CRIMP 2004 RESULTS OF AUSTRALIA'S METAL STORM. (28-FEB-05) AsiaPulse News

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HIGHER R&D COSTS CRIMP 2004 RESULTS OF AUSTRALIA'S METAL STORM.

Publication: AsiaPulse News

Publication Date: 28-FEB-05

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PERTH, Feb 28 Asia Pulse - Higher research and development costs have contributed to a greater annual loss for weapons developer Metal Storm Ltd (ASX:MST).

Metal Storm, which is taking its technology from the proof of concept stage into product implementation, reported an annual net loss of A$11.34 million...

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