By Neil Hughes
Published: 11:20 AM EST
Apple has entered into an exclusive agreement to utilize amorphous metal alloys with unique atomic structures, allowing products that are stronger, lighter, and resistant to wear and corrosion, AppleInsider has learned.
The metal alloys owned by Liquidmetal Technologies were developed by a research team at the California Institute of Technology, and their amorphous, non-crystalline structure makes them harder than alloys of titanium or aluminum.
Introduced for commercial applications in 2003 through the Delaware-based Liquidmetal corporation, the product has been used to create technology for the U.S. Department of Defense, has been found in medical equipment, and is even used to create sporting goods like tennis raquets and golf clubs.
In a Form 8-K filing with the U.S. Securities and Exchange Commission last week, Liquidmetal Technologies indicated that it had granted all of its intellectual property assets to Apple. According to the terms of the deal, Apple was awarded "a perpetual, worldwide, fully-paid, exclusive license to commercial such intellectual property in the field of electronic products in exchange for a license fee."
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http://www.appleinsider.com/articles/10/08/09/apple_obtains_exclusive_rights_to_custom_super_durable_metal_alloy.html