“As ears are pressed to the ground and eyes to the screen for any hint of the next iPhone, Apple recently re-upped its exclusive deal with Liquidmetal Technologies for an additional two years, according to an 8K form filed with the Securities and Exchange Commission,” Michelle Maltais reports for The Los Angeles Times.
“Liquidmetal is a shiny yet steely metal alloy that incorporates zirconium, titanium, nickel, copper and beryllium, making it strong enough to resist bending, scratching, denting and shattering, according to the scientists responsible,” Maltais reports. “Apparently, under the Master Transaction Agreement from August 2010, Liquidmetal was obligated to contribute ‘all intellectual property acquired or developed by the Company’ to a ‘special purpose subsidiary’ called Crucible Intellectual Property. That’s what Apple had exclusive rights to.”
Maltais reports, “In the filing, the agreement is amended to extend the exclusive license “on a perpetual basis to Apple for the field of use of consumer electronic products.” The deal, originally set to expire Feb. 5 of this year, extends their relationship through Feb. 5, 2014… As Caltech’s William Johnson told The Times in April, ‘the bigger it is, the harder it is to get the heat out’ and cool it quickly to keep crystals from forming. Something that’s no more than an inch thick is ideal for this material. Could it have a calling for iPhone 5?”
Read more in the full article here.
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