Liquidmetal® Technologies, Inc., On March 15, 2024, Liquidmetal Technologies Inc. entered into an Amended License Agreement to expand its existing agreement with Amorphology, Inc., a developer and producer of specialized BMG applications based in Pasadena, CA.

The Amended License Agreement grants Amorphology a non-exclusive royalty bearing license to utilize the Company’s technology to manufacture and sell amorphous metal parts and components.

“Amorphology looks forward to its enhanced and optimized partnership with Liquidmetal Technologies, bringing deep materials science and amorphous metals expertise, high precision manufacturing capabilities, and a domestic US production facility, to meet increased demand in the aerospace, defense, medical device, and robotics industries. This optimized partnership will enable both companies to gain greater market traction and allow for more widescale adoption of amorphous metal technology,” said Glenn Garrett, Amorphology CTO.

“We are extremely excited about having Amorphology as our global partner in advancing amorphous alloy technology. Not only will the Company be able to take advantage of a new revenue stream, but the partnership will allow us to have a local, US manufacturing source to pursue applications that would otherwise be prohibited due to customers requiring US manufacturing as well as legal and/or geo-political restrictions. This gets us one step closer to having our technology be adopted on a mass scale,” said Tony Chung, CEO for the Company.

For a complete description of all of the terms and conditions of the Amended License Agreement, please refer to the 8K which has been filed with the Securities and Exchange Commission.

 

Source: businesswire.com

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