The company works with third-party manufacturing and commercial partners to develop and commercialize products made from proprietary amorphous alloys, in addition to developing the company's manufacturing facility through its subsidiary in China. A joint venture facility in Hangzhou, China was expected to be operational by mid-2026, with capacity for up to 40 die-cast machines.
Cyborg Score Rationale
Liquidmetal reported very small operating revenue and a larger quarterly loss while maintaining a solid cash and investment position. Trailing twelve month revenue was $737K, while the company faces significant commercialization challenges despite strategic manufacturing expansion.
Top Insights
Sub-license agreement signed with Amorphous Technologies Japan Inc. to develop golf clubs, leveraging access to over 3,000 retail establishments worldwide, beginning in Japan.
71,000-square-foot manufacturing facility in Hangzhou, China dedicated to producing amorphous alloy products, with 70% ownership by Liquidmetal Asia and initial capital investment of $6.0 million USD.
Company provides tooling and prototype parts, such as demonstration parts and test samples for customers with products in development, as well as engages in product licensing activities.
Amorphous alloys are unique materials distinguished by their ability to retain a random atomic structure when they solidify, in contrast to the crystalline atomic structure that forms in other metals and alloys.
Named Competitors
Advanced alloys portfolio — Specialty metal and advanced alloy producer
Amorphous metal materials — Materials technology supplier