LAKE FOREST, Calif.–(Organization WIRE)–Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the foremost supplier of apps for zirconium-dependent bulk metallic eyeglasses (BMGs), has entered into a manufacturing offer settlement with Dongguan Yihao Metallic Technology Co., Ltd. (“Yihao”), the world’s largest manufacturer of BMG solutions.
“While Liquidmetal has already been operating with Yihao as its contract maker over the yrs, this source settlement now solidifies our extensive-phrase connection. I can not emphasize sufficient how essential it is to have the right companions in place to provide about new know-how into the forefront of achievement, and our partnership with Yihao completes our evolution of advancing the technological know-how and bringing Liquidmetal purposes and companies to the world source chain like no other,” mentioned Tony Chung, CEO of Liquidmetal Systems, Inc.
“Our production capabilities coupled with Liquidmetal’s manufacturer, understanding and abilities in the amorphous alloy room creates a potent, built-in vertical provide chain that can’t be matched. We are fully commited to the eyesight of bringing Liquidmetal technology to the masses and glimpse ahead to a long and affluent organization marriage,” said Peter Gao, CEO of Dongguan Yihao Metal Engineering Co., Ltd.
For a lot more facts, refer to the Company’s 8-K submitting with the SEC on January 19, 2022.
About Liquidmetal Technologies
Lake Forest, California-dependent Liquidmetal Technologies, Inc. is the primary developer of elements manufactured with bulk amorphous alloys, also recognized scientifically as bulk metallic eyeglasses or BMGs. The non-crystalline atomic framework of these components imparts exclusive performance houses, which includes the capacity to injection-mildew with micron-stage precision, lustrous finishes, substantial strength, hardness and corrosion resistance, and remarkable elasticity. Liquidmetal Systems is the first company to build amorphous alloy sections commercially, enabling significant enhancements in products throughout a wide array of industries. For more details, go to www.liquidmetal.com.
About Dongguan Yihao Steel Technology
China-based Dongguan Yihao Steel Engineering Co., Ltd. was started in November 2014 and has developed BMG technological innovation for more than a ten years to supply know-how in all aspects of BMG producing. The Corporation operates out of a 200,000 square foot facility in the province of Guangdong and maintains more than 90 BMG production devices to company its consumers. For much more facts, go to www.yihaometal.com.
Ahead-Searching Assertion
This press launch has “ahead-hunting statements,” which include but not minimal to statements about the rewards of Liquidmetal’s amorphous alloy technologies, scheduled manufacturing of purchaser elements and other statements related with Liquidmetal’s technologies and operations. These statements are based mostly on present-day anticipations of foreseeable future functions. If fundamental assumptions prove inaccurate or unknown threats or uncertainties materialize, actual final results could change materially from Liquidmetal’s anticipations and projections. Dangers and uncertainties consist of, among the other issues buyer adoption of Liquidmetal’s systems and effective integration of all those systems into client merchandise likely problems or delays in production goods incorporating Liquidmetal’s systems Liquidmetal’s capability to fund its present-day and anticipated operations the skill of 3rd party suppliers and makers to meet shopper product or service needs normal marketplace disorders general economic problems and governmental guidelines and rules impacting Liquidmetal’s functions. More information relating to these and other hazard aspects can be observed in Liquidmetal’s community periodic filings with the U.S. Securities and Trade Fee, which include the dialogue under the heading “Risk Variables” in Liquidmetal’s 2018 Once-a-year Report on Kind 10-K.