Liquidmetal Technologies is a materials science company that makes and sells components from proprietary amorphous metal alloys — metals that retain a random, non-crystalline atomic structure when they solidify, which eliminates structural defects found in conventional metals. This gives Liquidmetal alloys a combination of high strength, hardness, elasticity, corrosion resistance, and dimensional precision that the company argues outperforms conventional metals like titanium and stainless steel. Because Liquidmetal alloys can be molded similarly to plastics through net-shape casting, they can form complex, precise parts without expensive secondary machining. Liquidmetal sells components to manufacturers across medical devices, non-consumer electronics, automotive, sporting goods, and humanoid robotics — any application where conventional metals fall short on tolerances, strength-to-weight ratio, or design complexity. The company also licenses its technology: Apple holds an exclusive license in consumer electronics (paid upfront in 2010), Swatch holds an exclusive license for watches with ongoing royalties, and a Japanese company holds a sublicense for golf products. Component manufacturing is currently outsourced to a Chinese contract manufacturer on a cost-plus basis, though Liquidmetal is building its own manufacturing joint venture in Hangzhou targeting full capability in 2026. The business is at an early, pre-scale stage, with customer concentration significant and revenue still very small. Liquidmetal holds 34+ U.S. patents and 89+ foreign patents under an exclusive commercial license from Caltech, where the underlying technology originated.