Liquidmetal Technologies reports fiscal results for its third quarter 2018

November 7, 2018

Liquidmetal® Technologies, Inc., Lake Forest, California, USA, a developer of amorphous alloys and composites, has reported fiscal results for its third quarter 2018, ended September 30. For Q3 2018, the company generated $253,000 in revenue through completion of the production tooling portion of commercial orders for both its AMM and MIM platforms. During this quarter, it also finished validation procedures for its first eight-cavity mould.

R&D costs increased to $601,000 for Q3 2018, compared to $500,000 in Q3 2017. This increase was said to be due primarily to increases in internal projects related to alloy and moulding machine development. Cash and restricted cash was reported at $36.4 million on September 30, 2018, as compared to $41.3 million on December 31, 2017.

Dr Bruce Bromage, Liquidmetal’s Chief Operating Officer, stated, “The third quarter of 2018 showed the company’s continued execution of our commercialisation strategy. Early production orders shipped during the quarter for Amorphous Metal Molding and Metal Injection Molding 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.”

“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,” he continued. “Liquidmetal and Yihao are working together to improve the cost of commercial AMM machines, alloys and processing methods to open markets globally.”

Spring 2023 issue of PIM International magazine

In the latest issue of PIM International…

Download PDF

Extensive MIM, CIM industry and sinter-based AM industry news, plus the following exclusive deep-dive articles and reports:

  • Visottica Group: Integrated workflows and the value of Metal Injection Moulding in eyewear and beyond
  • In MIM’s post-smartphone era, where is China’s Metal Injection Moulding industry going?
  • Ceramic AM at scale: The story of how Steinbach AG scaled production to 12,000 parts a year for Da Vinci Surgical Systems
  • MIM F75 (Co-Cr-Mo) for high-volume production: The impact of sintering conditions on microstructure and properties
  • World PM2022: Research into the Binder Jetting of aluminium, Ni-free stainless steel, hardmetals and metallic glass

The latest news from the MIM, CIM and sinter-based AM industries

Don't miss any new issue of PIM International, and stay up to date with the latest industry news. Sign up to our fortnightly newsletter.

Sign up

Join our community

News from the industry…

    Discover our magazine archive…

    The free-to-access PIM International magazine archive offers unparalleled insight into the world of MIM, CIM and sinter-based AM from a commercial and technological perspective through:

    • Reports on visits to leading part manufacturers and industry suppliers
    • Articles on technology and application trends
    • Information on materials developments
    • Reviews of key technical presentations from the international conference circuit
    • International industry news

    All past issues are available to download as free PDFs or view in your browser.


    Browse the archive


    Looking for suppliers of materials, production equipment and finished MIM, CIM or sinter-based AM parts?

    Discover suppliers of these and more in our advertisers’ index and buyer’s guide, available in the back of PIM International.

    • Metal powders
    • MIM, CIM & AM parts producers
    • Binders & feedstocks
    • Feedstock mixers
    • Furnaces & furnace supplies
    • Atmospheres & gas generation
    • HIP systems & services
    • Injection moulding machines
    • AM technology
    • Debinding systems
    Download PDF
    Share via
    Copy link
    Powered by Social Snap