Posted May 12, 2015 10:27 am by Comments

By Bob Owens

Ernst Mauch is apparently out at “smart gun” developer Aramatix, as the company hemorrhages money.

David Codrea has broken the story that “smart gun” developer Ernst Mauch has apparently been unceremoniously ousted from Aramatix GmbH:

A balance sheet appearing on a German government website for Armatix GmbH, the German company behind the controversial iP1 “smart” handgun, shows significant financial losses. Further, a German journalist has provided Gun Rights Examiner with documents purporting to show gun developer and Managing Director Ernst Mauch is not only no longer with the company, but that he has been banned from its facilities under threat of a criminal complaint…

…New questions about Armatix center not on its controversial product, but on the company itself, brought to this column’s attention by German weapons law researcher, online journalist, and co-owner of a shooting supply firm, Katja Triebel.

“Ernst Mauch (formerly of Heckler & Koch), who lobbied in the US for the Armatix iP1, has been removed as CEO and got banned from the factory,” Triebel claimed. “Here is a copy of this ban signed by CEO [Maximilian] Hefner. A former Armatix manager verified the signature with some colleagues. Mauch is no longer mentioned …read more

Source:: Bearing Arms

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