Redback Metal Storm Robot.

What is the point of this weapon, what type of ammo is it firing is it a explosive charge or what?

the point is that it's fired electronically, there are no physical interaction unlike a conventional gun. the down side is that this thing is a bitch to reload but you can make boxes full of the tubes for this this and it'd make a very good shot gun or disposable weapon.

Their customers not only include government contracts but a LOT of private sector companies as well. Go to their website and look at their partners.

Not a company that is likely to have shares go down.

Australia will be getting a gun that will use this technology....I think in 2012?

Are you dumb? Australia is the inventor of Metal Storm weapons.

crazy aussie made as well

MetalStorm stock hasn't been going up very quickly. When you show something new and innovative to most people, you may as well be showing it to a monkey. They don't understand new things. All you get is stupid comments like you see posted here. This is the future in weapons technology. Reportedly, fomer U.S. Defence Secretary Rumsfeld cancelled tow major Army weapons programs because he believed that MetalStorm would make them obsolete in five years.

People arent stupid. They know the US government wants to use this technology against the American people. We dont need it so why invest in it.

wtf its not a pistol its an automated turret made by EOS australia

MS pistols weigh significantly less than 10kg and have 4 barrels. The MS weapons with lots of barrels are intended to win a fight before the enemy fire a single round.