From what I've seen elsewhere, the consensus is that there is a healthy dose of bovine scatology attached to the thing...
One of the things I have seen elsewhere (was it the Key Publishing forum? I can't recall) has the HQ of this high-tech company being in a shed. Certainly, if they manage to develop this thing without the aid of a) a design staff and b) manufacturing facilities, then the world should beat a path to their shed.
They also claim to make ICBMs, space launch vehicles and the like; while it appears possible that they might make another product they list - bagpipes.
Have a look at the Stavatti website as a whole. It makes for....er.... interesting reading.
Edited to add - it was the Key forums. The Chairman/MD/Company Secretary/Chief Designer/Tea Boy is also building a laser rifle, since:
"We know what threats are out there. A 9mm just won't cut it when you are facing 30 ft tall insectoids, or the reptile alien overlords from Rigel."