Wednesday, November 28, 2007
The question for shareholders is why the Company did not announce this at the shareholders meeting on November 15th and describe what process is ongoing to seek a successor. This is a material event in the loss of the lead key person in Liquidmetal Technologies R & D department.
Atakan Peker, Ph.D., joined the Applied Sciences Laboratory of Washington State University, Spokane, Washington in August as senior scientist and director of advanced materials. His research focus is the development of novel alloys and composites for practical applications. The scope of his material research includes the study of mechanical and dynamic properties, chemical/corrosion properties, and net-shape forming of advanced materials. His work at ASL will be focused on the development, processing, and characterization of novel alloys and composites for client-specific applications.
Peker has received his Ph.D. in Materials Science from the California Institute of Technology in Pasadena. During his Ph.D. thesis, he worked on the development of bulk amorphous alloys and discovered Zr-Ti base Vitreloy series alloys, which are considered the most processable bulk amorphous alloys to date and are currently commercially produced for casings of consumer electronics. Bulk amorphous alloys, also known as bulk metallic glasses, are a new class of engineering alloys that have a broad scope of applications from industrial coatings to fine jewelry.
Prior to joining ASL, Peker served as the vice president of technology at Liquidmetal Technologies. He has 14 years of research and materials processing experience with over 30 patents issued or pending.
Source: Washington State University, Spokane, WA Applied Sciences Lab
Friday, November 23, 2007
Within 35 business days of this date, all grandfathered naked short positions must be closed...
This essentially means that a whole bunch of short interest......at least 670,000 shares ....must be closed out prior to November 30 - December 3 (depending upon one questionable holiday).
So HOLD ON LONGS and LET THE SHORTS take it in the ear. Next week is going to see a flurry of activity as dealers who are short try to find shares to return....and GOOD LUCK. For 600,000 shares to cover in a week, we should be seeing a price per share greatly in excess of $1.20.
Short interest (reported) has increased by 671,800 shares.
The other interesting aspect of the regulation changes, If a security becomes a Threshold Security after October 15th, all fails to deliver must be closed out within 13 consecutive settlement days.
Nasdaq Reg Sho Regulatory Alert
Elimination of "Short Exempt" Trade Dates
Again, Longs........HOLD YOUR SHARES and don't sell out below $1.50
Wednesday, November 21, 2007
There is no immediacy of change in our pending contract status, please note. This is written here only to keep the Liquidmetal investor aware of happenings with our partners, either with us, or with other activities, whichever may be the case]
Alliant Techsystems (ATK) announced that it has been awarded an initial three-year $15 million services contract by NASA's Jet Propulsion Laboratory (JPL) in Pasadena, California. Under the terms of the agreement, ATK will provide mechanical and thermal engineering support services to JPL for an initial three years, with two one-year options.
Through its acquisition of Swales Aerospace, ATK has supported JPL since 1997. The company has provided mechanical and thermal engineering services support to NASA JPL on programs such as the Mars Science Laboratory (MSL), the Moon Mineralogy Mapper, the Urey Instrument, the Orion Program, and the Planck, Juno, and Aquarius missions. The ATK-led team also includes subcontractors ATA Engineering, Jackson & Tull, SGT Inc., and West Wind Engineering.
"We look forward to building on our long term relationship with NASA's Jet Propulsion Laboratory team and are excited about our continued partnership with them on this important services contract," stated Mike Cerneck, Vice President and General Manager of the Space Division. "This is an important win for ATK and we are very proud of our team's accomplishment."
ATK is an advanced weapon and space systems company with annual revenues in excess of $4.1 billion that employs more than 16,500 people in 21 states.
KEP Program: The original contracts with the Army were announced in the following news release:
Liquidmetal Technologies Awarded New $3.0 Million Contract to Develop Armor-Piercing Ammunition for Ground Attack Jets
Aug. 11, 2003
TAMPA, Fla.--Liquidmetal(R) Technologies (NASDAQ:LQMT)
Funding Provided Under $5.25 Million 2003 Defense Appropriations Allocation
Liquidmetal(R) Technologies (NASDAQ:LQMT) today announced that it has signed a new, $3.0 million research and development contract with the U.S. Army for continuing development of high-performance Liquidmetal(R) alloy composite Kinetic Energy Penetrator (KEP) rods for use in armor-piercing ammunition systems.
The 16-month contract will be directed to development of PGU-14B KEPs for the Air Force's tank-killing A-10 "Warthog" ground attack jet. Because the Liquidmetal-KEP technology would also be beneficial to the Air Force and Navy, the Army is managing the development efforts as a joint service program. The new contract follows a successful first-year, $2 million program dedicated to initial ballistic testing and the design of equipment and processes required to produce batch sizes of Liquidmetal alloy composite KEPS.
Liquidmetal Technologies has selected Alliant Techsystems (ATK) as a subcontractor to conduct full-scale systems integration and ballistic testing. ATK is the current prime contractor for the production of PGU-14Bs. The overall goal of the program is to develop higher-performance, environmentally safe KEPs as an alternative to depleted uranium rods currently used by the military.
Liquidmetal alloys possess a unique amorphous atomic structure that combines strength 2-3 times greater than titanium with the ability to be molded into precision parts, similar to plastics. Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form, and the alloys are considered a breakthrough in material science.
The Army contract is the second of two contracts awarded to Liquidmetal Technologies in recent weeks under a previously announced, $5.25 million 2003 Defense Appropriations allocation approved last fall for the continuing study of Liquidmetal alloys. On July 1, 2003 the Air Force awarded Liquidmetal Technologies an $811,000 corrosion study contract to document the anti-corrosive properties of various Liquidmetal alloy compositions in environments of military interest.
In addition, Liquidmetal Technologies is currently finalizing a Small Business Innovative Research contract with the U.S. Navy to design lightweight fragmentation bombs using Liquidmetal alloys as the primary casing. With this contract in place, Liquidmetal Technologies will be engaged in development programs will all branches of the military as well as the Department of Defense, under the auspices of the Defense Advance Research Projects Agency (DARPA). Product development programs are also underway with several leading defense contractors, including Lockheed Martin, Northrop Grumman and Raytheon.
Tuesday, November 20, 2007
The case for bulk metallic glass
Available online 23 February 2004.
The last ten years have seen the discovery of amorphous metal alloys that are glass forming at cooling rates as slow as 1°C s−1 to 100°C s−1 in the bulk via conventional metal processing such as casting, but with the ease of molding of polymers. They are twice as strong as steel, have greater wear and corrosion resistance, are tougher than ceramics, and yet have greater elasticity. Increased plasticity in amorphous/crystalline composites now promises new structural applications.
- • Conventional metallic glass
- • Bulk metallic glass scales up
- • Commercial Zr-based BMG
- • Composites for enhanced plasticity
- • Investigating structural applications
- • A variety of uses
- • Golf club heads
- • Making the case for consumer electronics
- • Liquidmetal rebounds
- • Medical applications
- • Defense and aerospace
- • Cheaper, easier manufacturing
- • References
When a conventional metal or alloy cools from the liquid melt, equilibrium is reached when it solidifies into the lowest energy state structure, i.e. a crystalline lattice. Practical metals take advantage of the highly unstable metallic liquid and crystallize just under the melting point in microseconds. But rather than forming a perfect single crystal, most metals are polycrystalline, with grains of varying shapes and sizes. Grain boundaries represent weak spots of less than optimal atomic packing, where fractures can form and corrosion starts. Misaligned planes of atoms, under sufficient stress and heat, slip past each other easily, allowing dislocations to move. As a result, metals have a much lower strength than their theoretical maximum and, since energy goes into moving atoms out of the way, deformation is plastic and permanent.
In contrast, a glass has such slow crystal nucleation and growth kinetics that the liquid can be undercooled far below its melting point before a glass transition is reached, ‘freezing’ as a vitreous solid without crystallizing. The atoms retain an amorphous distribution (i.e. random packing with no long-range order). However, glass is brittle.
Conventional metallic glass
At California Institute of Technology (Caltech) in 1960, Pol Duwez et al. discovered that if a molten metal (specifically, the binary metallic alloy Au80Si20) is undercooled uniformly and rapidly enough, e.g. at 1 × 106°C s−1, the heterogeneous atoms do not have enough time or energy to rearrange for crystal nucleation. The liquid reaches the glass transition temperature, Tg, and solidifies as a metallic glass. It is less brittle than oxide glass and looks like a metal – opaque, gray, shiny, and smooth (Fig. 1).
Fig. 1. A sample of Liquidmetal Technologies' Zr-based metallic glass.
In the tightly packed glassy structure, the displacement of atoms (e.g. to accommodate a dislocation) is obstructed. A metallic glass, therefore, absorbs less energy upon stress-induced deformation through damping and returns more by rebounding elastically to its initial shape. With no crystal defects, mechanical properties combine to produce a material with the following properties:
- • Strength (twice that of stainless steel, but lighter);
- • Hardness (for surface coatings);
- • Toughness (more fracture resistant than ceramics); and
- • Elasticity (high yield strength).
The absence of grain boundaries means that the material is resistant to corrosion and wear, as well as possessing soft-magnetic properties, specifically in the alloys of glass formers (B, Si, P) and ferrous magnetic transition metals (Fe, Co, Ni). High electrical resistivity leads to low eddy current losses. Easy magnetization and demagnetization allows lower losses in applications, operation at high temperatures with minimal flux density reduction, and annealing.
Critical casting thickness
Heat conduction is slow in these materials, however, so that the requisite cooling rate can only be achieved for a very small critical casting thickness. This precludes bulk molding and, therefore, structural applications.
High velocity oxygen fuel (HVOF) thermal spraying applies low-friction, high-hardness surface coatings to make materials such as Fe, Al, and Ti corrosion-, wear-, and heat-resistant in harsh applications such as marine equipment, drilling machinery, and pipes. Coatings get harder, slicker, and more wear-resistant with use. Surface hardness is 10-20% greater than electroplated chrome. Thermal expansion is similar to steel, giving high resistance to thermal and load cycling.
In the 1970s, AlliedSignal developed another means of forming metallic glass. Molten Fe–Ni–P–B is poured onto a spinning casting wheel to produce a continuous ribbon tens of microns thick. This process was commercialized as Metglas in the early 1980s for magnetic applications such as low-loss power distribution transformer cores. Alternatively, droplets are quick-frozen onto a cold surface by splat cooling. However, to enable bulk molding, the focus has been on slowing cooling rates to increase the critical casting thickness.
The key empirical criteria for slow crystallization kinetics and, therefore, a stabilized supercooled liquid state and high glass-forming ability, include:
- • Multi-component alloys of three or more elements: increased complexity and size of the crystal unit cell reduces the energetic advantage of forming an ordered structure of longer-range periodicity than the atomic interactions;
- • Atomic radius mismatch between elements, Δr/r, greater than 12% leads to a higher packing density and smaller free volume in the liquid state compared with metallic melts, and requires a greater volume increase for crystallization;
- • Negative heat of mixing between the main elements increases the energy barrier at the liquid-solid interface and decreases atomic diffusivity (increasing the equilibrium melt viscosity to three orders of magnitude greater than binary alloys); this retards local atomic rearrangements and the crystal nucleation rate, extending the supercooled liquid temperature range;
- • Using an alloy composition close to a deep eutectic forms a liquid stable at low temperatures.
Bulk metallic glass scales up
In 1969, Chen and Turnbull formed amorphous spheres of ternary Pd-M-Si (with M = Ag, Cu, or Au) at critical cooling rates of 100°C s−1 to 1000°C s−1, specifically Pd77.5Cu6Si16.5 with a diameter of 0.5 mm. In some Pd-Cu-Si and Pd-Ag-Si alloys, the supercooled liquid range (between the crystallization and glass transition temperatures) was extended to 40 K, enabling the first detailed studies of crystallization in metallic glasses. In 1974, Chen obtained a critical casting thickness of 1 mm in Pd-T-P (T= Ni, Co, Fe) and a slightly greater thickness with Au55Pb22.5Sb22.5 in 1982. In the early 1980s, Turnbull's group produced glassy ingots of Pd40Ni40P20 with a diameter of 5 mm using surface etching followed by heating and cooling cycles. By processing in a boron oxide flux, they increased critical casting thickness to 1 cm – the first bulk metallic glass (BMG). An overview of critical casting thickness and the date of discovery is shown in Fig. 2. Progress has been significant and is outlined below.
Fig. 2. The critical casting thickness versus the year in which alloys were discovered. Over 40 years, the critical casting thickness has increased by more than three orders of magnitude.
Since the 1980s, Akihisa Inoue, of Tohoku University's Institute for Materials Research, and William L. Johnson of Caltech have discovered strongly glass forming multi-component La-, Mg-, Zr-, Pd-, Fe-, Cu-, and Ti-based alloys with large undercooling and low critical cooling rates of 1°C s−1 to 100°C s−1, similar to oxide glasses. These properties allow an increase in time (from milliseconds to minutes) before crystallization, enabling a greater critical casting thickness (>1 cm) by conventional molding.
In 1988, Inoue discovered that La-Al-TM (TM = Ni, Cu) is highly glass-forming while investigating the mixing of rare-earth materials such as lanthanides with Al and ferrous metals. Using Cu molds, they cast glassy La55Al25Ni20 up to 5 mm thick and, in 1991, glassy La55Al25Ni10Cu10 up to 9 mm thick. Mg-TM-Y was also shown in 1991 to have high glass-forming ability in the form of Mg65Cu25Y10. An extended supercooled liquid region (to 127 K)  was achieved for Zr-Al-Ni-Cu, with a critical casting thickness of 15 mm  for Zr65Al7.5Ni10Cu17.5. Caltech's Johnson and Peker developed a pentary alloy based on Zr-Ti-Cu-Ni-Be in 1992, Zr41.2Ti13.8Cu12.5Ni10.0Be22.5, as part of a US Department of Energy and NASA funded project to develop new aerospace materials. With critical casting thickness of up to 10 cm possible in silica containers, the alloy became known as Vitreloy 1 (Vit1), the first commercial BMG. Variants include Vit2 (Zr46.75Ti8.25Cu7.5Ni10Be27.5). More recently, Kündig at ETH Zürich has been investigating Zr–Ti–Cu–Ni–Al alloys, focusing on those similar to Vit105 (Zr52.5Ti5Cu17.9Ni14.6Al10) – one of the best glass-forming alloys.
Under the auspices of a three-year European RTN Network on bulk metallic glasses, which concluded in April 2003, groups at the Institut National Polytechnique de Grenoble, the Leibniz Institute for Solid State and Materials Research Dresden, European Synchrotron Radiation Facility, the Institute of Metallurgy and Materials Science in Krakow, Universidad Complutense Madrid, Universitat Autònoma de Barcelona, and the Universities of Cambridge, Sheffield, Ulm, and Turin collaborated on the development of Zr-, Mg-, Fe-, Al-, Pd-, Hf-, and Nd-based alloys. Research aimed at increasing the concentrations of light elements such as Ti, Al, and Mg in environmentally safe, Be-free Zr-based alloys.
Commercial Zr-based BMG
Vitreloy contains a large number of different sized atoms, which leads to a free volume of only 1% at the melting point and, therefore, high viscosity. In the solid, the difficulty with which atoms move past each other yields high corrosion and wear resistance.
Compared to crystalline steel and Ti alloys (Table 1 and Fig. 3), Zr-based glasses have similar densities but high Young's modulus (96 GPa) and elastic strain-to-failure limit (el = 2%). The glasses have high tensile yield strength (σy = 1.9 GPa), i.e. a high strength-to-weight ratio, making them a possible replacement for Al, but with a much greater resistance to permanent, plastic deformation (i.e. fracture toughness K1c). Less absorption and greater rerelease of energy, i.e. low damping, means that even after high load and stress deformation the material springs back elastically to its original shape. This shape memory ability enables the use of the material in applications such as sporting equipment.
Fig. 3. Amorphous metallic alloys combine higher strength than crystalline metal alloys with the elasticity of polymers.
Processing: near net-shape fabrication
Above Tg in the supercooled liquid regime, Zr-based metallic glass remains stable against crystallization and softens into a liquid orders of magnitude more viscous than molten metal. This behavior, which makes it malleable at 400°C compared with over 1000°C for steel, is more like a thermosetting polymer than a metal. This allows shaping and forming by thermoplastic processing as easily and cheaply as polymers and, hence, high-volume production with a critical casting thickness of up to 10 cm.
Unlike die-cast metals, low shrinkage during solidification allows molding of intricate, near net-shaped parts with microscale precision. The surface finish is smoother, shinier, and more consistent, eliminating most costly secondary finishing processes and allowing reuse of the mold.
Deformation, flow, and shear bands
Casting in bulk has enabled the assessment of fracture and fatigue properties. Compared to polycrystalline metals with similar properties, amorphous metals are weakened at high temperatures and suffer cyclic fatigue from repeated stress. Since BMGs have high elasticity and low plasticity, they exhibit little plastic deformation prior to catastrophic failure, which limits industrial and structural applications where reliability is critical (e.g. automotive and aerospace).
Particularly at high strain rates in tensile loading, amorphous metals are susceptible to plastic deformation associated with highly localized, inhomogeneous flow, which forms intense shear bands at stress points. Because of the lack of grain structure, as well as the tendency towards strain-induced work-softening rather than work-hardening, low overall plasticity leads to low resistance to shear band propagation. This susceptibility to cyclic fatigue leads to crack growth, fracture, and, ultimately, catastrophic failure. To obtain more tolerance to damage and enable structural use, mechanical properties need to be enhanced by controlling shear band formation and propagation.
Composites for enhanced plasticity
Obstructing shear band propagation can distribute plastic deformation and alleviate the inherent limitations of amorphous metallic glass. Increasing fracture toughness can be achieved by forming a composite alloy with a two-phase microstructure: an amorphous-phase BMG acts as a matrix for a ductile crystalline-phase reinforcement material. The reinforcement can be either extrinsic (metal or ceramic fibers or particles) or intrinsic (in situ precipitation of β-phase Ti dendrites from the melt during cooling, yielding partial crystallinity). The second-phase reinforcement acts as a ‘crack-stopper’ by adding impediments to shear band propagation. The two-phase composite combines the high strength of an unreinforced, single-phase monolithic BMG with the advantages of crystallinity: increased ductility, fracture toughness, and plastic strain-to-failure .
Johnson has investigated a composite of Vit1 reinforced with carbon fiber and Zr57Nb5Al10Cu15.4Ni12.6 reinforced with a ductile metal wire/particulate such as W. In 2000, Inoue produced nanocomposites with improved plasticity up to 2.5% by annealing glassy precursor alloys. In contrast, Johnson enhanced plasticity of BMGs without additional annealing steps by including in situ ductile phase dendrite dispersions. They found that, upon cooling, Zr56.2Ti13.8Nb5Cu7Ni5.5Be12.5 precipitates a high-temperature, micron-sized ductile β-ZrTi (body-centered cubic) phase, which shifts the remainder of the composition closer to Vit1. Adding Nb stabilizes the bcc over the α-ZrTi (hexagonal close packed) phase. The overall (tensile and compressive) plastic strain is about 5%.
As part of the European RTN network, Kühn found that Zr66.4Nb6.4Cu10.5Ni8.7Al8 forms dendritic bcc phase precipitates in situ during Cu mold casting. Upon annealing, the first exothermic transformation of the material is related to precipitation of an icosahedral phase from the glassy matrix.
In addition to Zr-based composites, others have been investigated. For example, He et al. modified a glassy Ti50Cu23Ni20Sn7 alloy by replacing 40% with Ti3Ta or Ti3Nb, where Ti and Ta (Nb) are completely miscible with each other, to obtain an in situ Ti-based composite consisting of ductile β-Ti(Ta, Sn) dendritic precipitates in a nanostructured matrix. The material exhibits up to 14.5% compressive plastic strain, which makes structural application more likely.
Investigating structural applications
Composite or bulk metallic glasses that are lightweight and inexpensive (e.g. Al-based alloys to replace Ti) are being developed for structural applications by multi-institution US Department of Defense (DoD) programs, including:
- • A team at the Center for Science and Engineering of Materials led by Caltech's Johnson, is investigating the processing, microstructure, and mechanical behavior of Zr56.3Ti13.8Cu6.9Ni5.6Nb5.0Be12.5 and other two-phase alloys. Johnson has pioneered the in situ transmission electron microscopy (TEM) of shear band deformation. By modeling the observed patterns (using finite element analysis of hard particles embedded in a matrix), he has established the temperature dependence of the transition from homogeneous flow at low strain rates near or above Tg to inhomogeneous, shear band mediated plastic deformation at lower temperatures and high strain rates.
- • The Defense Advanced Research Projects Agency (DARPA) is sponsoring a three-year, $10 million program, Structural Amorphous Metals, to develop low-cost, environmentally benign manufacturing of corrosion-resistant, reduced-magnetic-mass hull materials; moderate temperature, lightweight Fe, Al, Ti, Mg, and refractory metal alloys for aircraft and rocket propulsion; and wear-resistant machinery components for vehicles with increased life-span, durability, performance, and reduced maintenance.
Subprograms focused on lightweight structural materials include:
- • The Caltech Center for Structural Amorphous Metals, established in 2001, is developing refractory and lightweight Mg- and Al-based alloy glasses and composites. Case-Western Reserve, Northwestern, Oregon State, Stanford, Michigan, and Wisconsin Universities, along with Georgia Institute of Technology, are involved.
- • Structural amorphous Al for aerospace applications (to replace Ti) is being investigated by the Universities of Virginia (materials discovery) and Connecticut (process development), Pratt & Whitney (materials characterization and design), and Boeing (applications). First-generation alloys based on refractory metals, lightweight amorphous alloys, and composite materials with an amorphous alloy matrix have a tensile strength 25% greater than commercial Al alloys.
- • Work on advanced Al structural materials via metallic glass processing aims to produce components with isotropic properties and high structural efficiency for the US Air Force.
Other subprograms aim to exploit deformation and fracture at high strain in high-density composites:
- • Atakan Peker of Liquidmetal Technologies is focusing on refractory amorphous metals and composites such as in situ W-reinforced composites for environmentally benign armor-piercing kinetic energy penetrators (KEPs). Properties include (i) localized adiabatic shear bands at high strain rates to improve perforation and (ii) high strength to survive launch.
- • A project led by Texas A&M University is also developing high-density amorphous metal matrix composites for KEPs. Their approach is based on the consolidation of Zr-based amorphous metal and crystalline phase powder (or ZrC, Ta, and W) by warm equal channel angular extrusion (ECAE) into a continuous matrix phase that is close to theoretical density and has high-strain-rate failure characteristics.
A variety of uses
Liquidmetal Technologies, which was cofounded in 1987 as Amorphous Technologies International with Caltech's Johnson as vice chairman and Peker as vice president, was the first company to produce amorphous metal alloys in viable bulk form. With an exclusive worldwide license for Vitreloy (also known as ‘Liquidmetal’), principal areas for products are sports and luxury goods, electronics, medical, and defense.
Golf club heads
The first application to be found was as golf club heads. Twice as hard and four times as elastic as Ti drivers, 99% of the impact energy from a BMG head is transferred to the ball (compared to 70% for Ti). Higher strength-to-weight ratio allows mass to be distributed differently, enabling various shapes and sizes of head. In 1997, a subsidiary was established to make clubs, Liquidmetal Golf, with heads fabricated by Howmet Metal Mold using an adapted vacuum die casting process. High production costs (e.g. to drill holes, laser in scorelines, bend the clubs, and get paint to stick), however, led to Liquidmetal Technologies terminating manufacture in favor of licensing the technology to established club makers.
Making the case for consumer electronics
Vitreloy can also yield stronger, lighter, and more easily molded casings for personal electronic products. In September 2002, at a new $45 million factory in Pyongtaek, South Korea, Liquidmetal began making components for liquid crystal display casings on cell phones. But, again, costs became a problem. “Manufacturing process limitations, higher-than-expected production costs, unpredictable customer adoption cycles, short product shelf-life, and intense pricing pressures have made it difficult to compete profitably in this commodity-driven market,” explains chairman and CEO John Kang. “Processes are not yet refined to the point that we can cost-effectively manufacture price-sensitive, commodity products. Our core competency is alloy development.” The company is now focusing on manufacturing select, higher-margin cell phones (mainly for Samsung) and value-added sports and medical products, as well as development and prototyping. Rather than manufacture itself, Liquidmetal Technologies is pursuing funded strategic partnerships, technology licensing, joint development, and product distribution relationships for more rapid and effective commercialization of new products.
Liquidmetal Technologies' casings have now been chosen by OQO, Inc. for its hand-held ultra-personal computer screens. An agreement with Sony to develop a casing for digital still cameras has also been established. Liquidmetal Technologies' is also working with design firm Ideo to create a Vitreloy-encased laptop that rolls up like a piece of paper.
Liquidmetal Technologies is targeting leisure equipment that requires good rebound. Last May, it teamed with Rawlings Sporting Goods Company, Inc. to produce baseball and softball bats featuring its technology (Fig. 4). In July last year, HEAD launched a range of $200-250 tennis rackets that use Vitreloy in four areas of the frame. The increased stiffness enhances energy return with 29% more power, it is claimed. Now used by Andre Agassi, the ‘Radical’ model was named one of the best new products of 2003 by Fortune and BusinessWeek magazines Fig. 5). Liquidmetal Technologies is now working with HEAD on skis and snowboards. Other potential applications in sporting goods include fishing equipment, hunting bows, guns, scuba gear, marine applications, and bicycle frames.
Fig. 4. Baseball bat featuring Liquidmetal Technologies' ‘Pure Energy Transfer’ technology based on Vitreloy.
Fig. 5. A HEAD Radical tennis racket, which incorporates Liquidmetal Technologies' Vitreloy technology in the frame, in the hands of Andre Agassi.
Vitreloy can also be used for watch cases to replace Ni and other metals, which can cause allergic reactions, and jewelry. Two years ago, Liquidmetal Technologies teamed up with the watch and jewelry division of LVMH, whose luxury watchmaker TAG Heuer launched a special edition Microtimer Concept Watch last April featuring Vitreloy as the scratch- and dent-resistant, high-gloss, casing.
As well as industrial powders and smooth, hard coatings, Vitreloy has a highly biocompatible, nonallergenic form, which is ideal for corrosion- and wear-resistant medical applications. For example, DePuy Orthopaedics, Inc. is using the material in knee-replacement devices. Other applications include pacemaker casings.
In 2002, Surgical Specialties began producing ophthalmic scalpel blades using Vitreloy. They are higher quality but less expensive than diamond, sharper and longer lasting than steel, and more consistently manufacturable, since they are produced from a single mold (with microscale casting accuracy) ready for use. Other edged tool applications include knives and razor blades.
Catching solar wind
As part of NASA's Discovery Program, August 2001 saw the launch of the $200 million Genesis spacecraft (Fig. 6a) with the aim of collecting samples of solar wind . Orbiting the Lagrange point, Genesis is expected to capture 10-20 μg of solar wind particles and ions using five, 1 m diameter circular passive collector arrays. Each array consists of 55, 10 cm hexagonal tiles and one is coated with Zr-Nb-Cu-Ni-Al (formulated by Charles C. Hays at Caltech and prepared with Howmet's George Wolter), which absorbs and retains noble gases He and Ne ( Fig. 6b).
Once the collectors are back on Earth, acid etching techniques developed at the University of Zurich will be used to dissolve the surfaces evenly, allowing captured ions to be released layer by layer. Higher-energy ions blast further into the surface. “This allows us to test proposals that [higher-energy ions] differ in composition from the solar wind,” says Don Burnett, Caltech principal investigator and team leader.
Fig. 6. (a) Artist's impression of the Genesis spacecraft in collection mode, opened up to collect and store samples of solar wind particles. The cover of the canister contains one collector array and the body of a stack of four arrays that can be rotated out when the spacecraft begins its orbit. (b) Genesis' array, held by Andy Stone of the Jet Propulsion Laboratory, showing the collector materials. [(a) courtesy of JPL; (b) courtesy of NASA Johnson Space Center.]
Defense and aerospace
Liquidmetal Technologies has received a series of contracts from the DoD to develop military materials that are stronger, lighter, and more effective at high temperature and stress. This includes various contracts over the past five years related to environmentally benign, in situ W-reinforced BMG-composite KEPs. These can replace depleted uranium penetrators in antitank armor-piercing projectiles because of their similar density and self-sharpening behavior. Unlike most crystalline metal projectiles, which flatten on impact, the sides of BMG-composite KEPs sheer away under dynamic loading, explains Todd C. Hufnagel of The Johns Hopkins University. In addition, Liquidmetal Technologies now has a $3 million, 16-month contract to develop KEPs for the US Air Force's tank-killing A-10 ‘Warthog’ ground-attack aircraft.
The company is also finalizing a Small Business Innovative Research contract with the US Navy on casings for lightweight fragmentation bombs. Meanwhile, Liquidmetal Technologies is working with Lockheed Martin Missiles and Fire Control on a one-year program to develop lighter and stronger ceramic-BMG composite armor tiles.
Cheaper, easier manufacturing
There are good prospects for BMG materials whose properties favor easier, cheaper processing for more common-place applications. For example, a five-year project funded by the Japanese government between 1997-2002 (Inoue Supercooled Liquid Glass Project) reported the first bulk glassy alloy with tensile strength over 2 GPa (higher than that for Mg-, Pd-, and Zr-based alloys) with distinct plastic elongation in a less expensive Cu-based alloy system. This high-strength alloy can be formed by Cu mold casting. Anomalies in the Cu-Zr-Ti alloy include:
- • High glass-forming ability despite a small supercooled liquid region before crystallization, enabling easier casting compared with alloys with less glass-forming ability;
- • A combination of high strength and ductility, even in a mixed structure of glassy and nanoscale crystalline or quasicrystalline precipitates in the as-cast state, without subsequent annealing steps.
Inoue is now leading a five-year project on metallic glasses funded by the Japanese New Energy and Industrial Technology Development Organization, which will be completed in April 2007.
This promising work, together with developments in the US and Europe, greatly improves the prospects for the discovery of new BMGs with properties that will enable practical manufacturing. In turn, this is likely to open up a new sphere of potential applications.
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6. J.F. Loeffler. Intermetallics 11 (2003), p. 529.
7. Inoue, A., et al., Mater. Trans. JIM (1989) 30, 965; (1990) 31, 177; (1991) 31, 425
11. A. Peker and W.L. Johnson. Appl. Phys. Lett 63 (1993), p. 2342.
15. Kato, H., and Inoue, A., Mater. Trans JIM (1997) 38, 793; Conner, R. D., et al, Acta Mater (1998) 46, 6089
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17. Conner, R. D., et al, J. Mater Res (1999) 14, 3292; Choi-Yim, H., et al, Acta Mater (2002) 50, 2737
21. E. Pekarskara et al.. J. Mater. Res 16 (2001), p. 2513.
Volume 7, Issue 3, March 2004, Pages 36-43
Monday, November 19, 2007
Jabil Circuit is one of the leading providers of electronics
manufacturing services (EMS) in the world. Parts made by
Jabil on a contract basis are used in communications
products, computers and computer peripherals, and
automobiles. Services range from product design and
component procurement to order fulfillment and supply
chain management. The company has been rapidly
expanding into Asian and Eastern European markets
in recent years, through acquisitions and new plants.
Nokia Siemens Networks Italy has signed a contract for
the transfer of the manufacturing functions of its Cassina
de’ Pecchi and Marcianise facilities to Jabil Circuit Italy,
upon completion of the legal asset transfer procedure.
Having received European Union (EU) antitrust
authorities approval, the closing is expected to occur
on November 1st. The two companies also signed a l
ong-term manufacturing agreement.
JBL customers include Cisco Systems, Hewlett-Packard,
Nokia (21% of sales), and Philips (12%).
HP's great quarter as reported today in an article by
Rex Crum, MarketWatch is great news for Jabil Circuit, a
major supplier of parts to HP. Along with the great earnings
report by Nokia, also a big client of Jabil, the demand for
contract manufacturing for Jabil Circuits should be quite good
considering the overall drag in the economy.
This bodes well for Liquidmetal.
Rex Crum reports:
Hewlett-Packard Co. (HPQ) on Monday reported a 28%
rise in its fourth-quarter earnings as the computing
and printing giant saw growth across all its main
business areas, leading to revenue of $28.3 billion.
HPQ said it earned $2.2 billion, or 81 cents a share, compared
with $1.7 billion, or 60 cents a share, a year ago. Revenue rose
15% from last year's $24.6 billion.Excluding charges and one-
time items, H-P would have earned $2.3 billion, or 86 cents a
share. By that measure, H-P beat the estimates of analysts
surveyed by Thomson Financial, who forecast H-P to earn
82 cents a share on $27.4 billion in sales.
"The momentum on the turnaround, share gain and
margins seems to be continuing on almost all fronts,"
said Louis Miscioscia, who covers H-P for Cowen & Co. and
holds an outperform rating on the stock.
The H-P results were expected to get more attention
than usual due to recent reports from the likes of Cisco
Systems Inc. (CSCO) , IBM Corp. (IBM) and Network
Appliance Inc. regarding slowdowns and concerns about the
outlook for business in the financial services industry.
saw revenue double to $698 million from a year ago. The com-
pany said its software division reported operating profit of
$177 million, with its acquisition of Mercury Interactive leading
the software sales and earnings rise.
Personal systems, or PCs, continued to be H-P's largest revenue
generator, with sales of $10.1 billion, a 31% increase from
last year's fourth quarter. The division's operating profit
climbed to $589 million from $336 million a year ago.
Notebook sales rose 49% from a year ago, while desktop
sales were up by 15%.
Hurd said the growth of H-P's notebook business signifies
the broader changes taking place in the PC industry.
markets, and globally, want [PC] access and we continue to
see a healthy market," Hurd said.
company's most-profitable business area, with an operating
profit of $1.1 billion, which was flat with a year ago. Revenue
rose 4% to $7.6 billion. Hurd said the division's earnings
would have increased had it not been for $32 million charge
the company took to account for its plans to shift production
of its digital cameras to an outside manufacturer.
Enterprise storage and servers sales were up 10% from a
year ago to $5.2 billion, as the division's earnings rose to $693
million. H-P's services business revenue rose 7% to $4.4 billion.
covers H-P for American Technology Research. "They were
able to execute in a very tough environment and one of the
few names to guide [estimates] up for the December-
January quarter." Wu holds a buy rating on H-P's stock.
For its fiscal first-quarter, H-P forecast a profit of 75 cents a
share on revenue between $27.4 billion and $27.5 billion.
Excluding one-time items, H-P expects to earn 80 cents a
share, while Wall Street analysts had forecast earnings of
77 cents a share on $27 billion in sales.
$8 billion for share repurchases and declared a regular
quarterly dividend of 8 cents a share.
a share after shedding $1.31 in the regular market session.
Rex Crum is a reporter for MarketWatch in San Francisco.
The Sage holds a strong position in Liquidmetal.
This blog is NOT investment advice. Its purpose
is for information only. All opinions expressed
are opinions only and are not intended to move
the reader one way or another. Do your own
DUE DILIGENCE. This blog is not affiliated with
Liquidmetal Technologies, Inc. or any of the
persons or corporate entities named within.