Whitefish, MT / ACCESSWIRE / October 22, 2014 / The defense industry may be dominated by big-name players like Lockheed Martin Corporation (NYSE: LMT) and General Dynamics Corporation (NYSE: GD), but small-cap stocks in the space may have more upside potential. After all, it's much easier to double a $10 million market capitalization than to double a $10 billion market capitalization, although the risks associated may be higher.
Lamperd Less Lethal Inc. (OTC: LLLI) is a small $8.5 million company that trades over-the-counter on the Pink Sheets. Over the past year, the company has launched several new products and expanded its footprint around the world. Investors willing to assume the risks associated with small-cap stocks may want to take a closer look at the company given these compelling developments.
New Products Drive Sales Revenue
Lamperd Less Lethal has introduced two new product lines that have generated a lot of buzz - an ultra-lightweight launcher and a body camera. These products complement its existing line-up of non-lethal weapons and munitions, which are designed to help in riot control and similar non-lethal situations, and could help boost sales over the coming quarters and years.
In early 2014, the company released its new Ultra-Light Single-Shot Launchers made from a high-performance composite material. The ultra-light single-shot launcher weighs in at just 3.7 pounds, while its multi-shot launcher weighs in at just 5.4 pounds compared to competitive launchers starting at 9 pounds. By weight alone, the launchers offer a significant competitive advantage.
Market demand for the new launchers was evident by the Canadian government's purchase order for 350 launchers in February of 2014. In addition, the company reported being in discussions with a large military end user that has expressed interest in the launchers. Product demonstrations were given back in 2013 to the governments of Oman and Saudi Arabia.
In August 2014, the company released its MSS100 Mobile Surveillance System, which provides streaming video and audio to any location. The small, unique, and durable device can continuously record for eight hours with automated night vision and laser positioning. With a high-impact, vibration-free, fire-resistant, and waterproof housing, the device is extremely durable in nearly any situation.
Management recently signed an exclusive distribution agreement for all of Europe with a U.K. based distribution company for its Model X100 streaming video and audio wi-fi body camera worn by police and military personnel. In addition to these end markets, the company anticipates shipping less lethal products to Peru, Ecuador, and the United Kingdom over the next 60 days.
Looking Ahead
Lamperd Less Lethal has spent the past year launching new products and expanding its footprint around the world. With these developments and future potential orders, investors interested in the defense space and willing to assume the risks of a small-cap stock may want to take a closer look at the stock. The company's growing market and product line could signal growth ahead.
For more information, please see the following resources:
-Company Website
-OTC Markets Profile
Get Updates on Lamperd Less Lethal here: http://www.tdmfinancial.com/emailassets/llli/llli_landing.php
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SOURCE: Emerging Growth LLC