I worked and became friends with the son of USAC's founder, and he gave me a bunch of their .38 Spl case components in various stages of manufacture, and a handful of their proprietary bullets. They went on to do some contract research with FN for the production of 5.56mm and Cal. .50 ammunition of similar construction, but that had a plastic web between the powder chamber and the base of the bullet to help maintain chamber pressures. This web was, of course , blown out when the ctg was fired, so when reloading, everything fwd of the primer pocket had to be replaced. Again, not commercially successful.
Larry