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Updated 05/29/15 11:32am
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Armatix, the maker of the iP1, lost its top firearms designer last month.

“Smart Gun” Manufacturer Undergoes Corporate Restructuring, Top Designer Leaves

Last week Armatix, the German technology firm behind the controversial iP1 pistol, indicated that it has entered Chapter 11-style restructuring proceedings. The announcement came on the heels of another blow to the company—its head of technical operations and veteran firearms designer Ernst Mauch quit in late April. According…

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