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TomS said:Metal Storm Australia went into administration in 2012 and was liquidated in 2013. Metal Storm USA filed for Chapter 7 bankruptcy (liquidation) in October 2014. The US website still seems to be live, presumably because the hosting was prepaid.
Some recent related news: http://www.thefirearmblog.com/blog/2015/11/13/metal-storm-collapse-leads-to-millions-dollar-lawsuit/