Lamperd Less Lethal Launches a Potential Game-Changeradmin
November 20, 2013 / The global market for non-lethal weapons is expected to grow at a 5.42% compound annual growth rate to nearly $1.15 billion by 2016, according to Research and Markets. The changing nature of warfare, from conventional to insurgency, and political unrest in the Middle East has increased demand for new weapons to limit civilian casualties and control crowds.
Niche weapons manufacturers like Lamperd Less Lethal Inc. (OTC Markets: LLLI) provide investors with a way to capitalize on this growing market. As an innovator in the space over the past 40 years, the company has developed a broad lineup of products with significant advantages over competitors like TASER International (NASDAQ: TASR).
Innovative Ultra-Light Launcher
Lamperd Less Lethal’s new line of ultra-lightweight 37-40mm launchers is a prime example of this innovation. At just 4.7 pounds, the pump-action, magazine fed, 6-shot launchers are significantly less heavy than competing systems that typically weigh between nine and 15 pounds. Police, military or government security forces can, therefore, easily carry them on the chest, back or thigh.
After recently raising bridge financing, the company has begun developing a prototype that it plans to have completed by the end of November. Several governments have already expressed strong interest in the product, according to management, with production expected to begin in mid-December and initial shipments starting in January of next year.
Potential Investment Opportunity
Lamperd Less Lethal represents an attractive investment opportunity. With a market capitalization of just $3.3 million, a large order could unlock significant shareholder value. Investors in traditional weapons manufacturers, like Sterm, Ruger & Company (NYSE: RGR), may want to consider the pure-play for exposure to the non-lethal weapons space.
The company’s new launchers could provide a significant catalyst early next year, given their lightweight and ergonomic design that provides a number of advantages over the competition. As a result, investors may want to keep an eye on the company over the coming months, particularly given the heightened government interest.
Learn more and follow Lamperd Less Lethal (LLLI) here:
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Posted: November 20th, 2013 under ACCESSWIRE.