The rifle resembled a typical spring-air rifle, but the 2000° hot, high-pressure air served not only to propel the projectile but also to ignite the propellant on the back of the V/L cartridge. The rifle uses a small, unique, and well designed part called an Obturator (obturator/ignitor) to compress the air as it is pushed through a tiny hole. This air is heated as it is pushed through the small hole enough to ignite the powder of the caseless round.
The V/L guns and ammunition were discontinued in 1969 after the US Bureau of Alcohol, Tobacco, Firearms and Explosives ruled that they constituted a firearm, and Daisy, which was not licensed to manufacture firearms, decided to discontinue manufacture rather than become a firearms manufacturer. About 23,000 of the rifles were made before production ceased.
Wow, this is neat!