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Applied Energetics, Inc. (OTCQB:AERG) is a pioneering company in the field of Advanced Optical Technologies and Ultrashort Pulse Directed Energy Solutions. Founded with a mission to deliver high-quality, high-power systems, Applied Energetics focuses on providing cutting-edge solutions for both industrial and military applications.
The company specializes in the development of Ultra Short Pulse (USP) Laser Systems that offer high average power and high pulse energy, and Solid State High Voltage and Particle Accelerator Systems known for their compact and fault-tolerant designs. These systems enable innovative processes in manufacturing and life-saving applications on the battlefield.
One of the company's significant recent milestones is the expansion of its headquarters in Tucson, Arizona. Applied Energetics has added an 8,300 square feet facility at the UA Tech Park, bringing their total operational space to approximately 21,300 square feet. This expansion aims to accommodate future growth and enhance capabilities in research, product development, training, and production.
Applied Energetics has also secured a $1.99 million contract with the Department of the Navy, Office of Naval Research (ONR), to develop a high-peak, high-average power USP optical system. This collaboration aims to produce systems compatible with multiple Navy platforms and missions, highlighting the company's commitment to advancing national security technologies.
In addition to its military applications, the company has signed a Memorandum of Understanding (MoU) with BluGlass Limited to explore joint business opportunities that will leverage BluGlass's expertise in GaN-based laser diode technologies. This partnership aims to develop innovative solutions for national security, aviation, and commercial applications.
Most recently, Applied Energetics welcomed Dr. James Harrison as the new Director of New Product Innovation. With over 30 years of experience in opto-electronic sources, Dr. Harrison will lead the company's efforts in developing new laser and optical products.
Applied Energetics' commitment to advancing technology is further underscored by their ongoing project with the Office of Naval Research to develop an optical system capable of disrupting intelligence, surveillance, and reconnaissance sensors. This project, transitioning from a grant to a contract worth $1.21 million, aims to expedite the deployment of these technologies in support of U.S. Marine Corps platforms.
For more information, visit the Applied Energetics website.
Applied Energetics (OTCQB:AERG), a leader in advanced optical and ultrashort pulse laser technologies, has announced its participation in The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference. The event will take place on December 11th, 2024, at the New York Athletic Club in New York City.
CEO Chris Donaghey will represent the company, conducting one-on-one meetings with investors and analysts throughout the day. The conference provides emerging growth companies an opportunity to connect with institutional and individual investors in a unique format.
Interested investors can schedule meetings through the conference registration link provided.
Applied Energetics and Kord Technologies have signed a Memorandum of Understanding (MOU) to collaborate on developing directed energy and pulsed laser technology for defense applications. The partnership aims to integrate specified directed energy technologies into Kord's counter UAS system and explore opportunities to enhance both companies' product portfolios. The collaboration focuses on joint research and development, combining Applied Energetics' expertise in pulsed laser technology with Kord's defense innovation capabilities. The MOU establishes a framework for potential future collaborations, with specific projects to be announced in the coming months.
Applied Energetics (OTCQB:AERG) has appointed Chris Donaghey as its new President and CEO, effective November 25, 2024. Donaghey, who has served as CFO and COO since August 2022, succeeds Dr. Gregory Quarles. With over two decades of defense industry experience, Donaghey will continue as interim principal financial officer. Dr. Quarles, who led the company since 2019, transitions to CEO Emeritus and Executive for Government and Institutional Relations. Under Quarles' leadership, the company acquired Applied Optical Sciences, relocated to UA Tech Park, enhanced technical teams, and secured three DoD contracts.
Applied Energetics (OTCQB:AERG), a leader in ultrashort pulse laser technologies (USPL), has announced its participation in the OTCQB Venture Virtual Investor Conference on August 1, 2024. Chris Donaghey, CFO & COO of Applied Energetics, will present at 11:00 AM Eastern.
This live, interactive online event allows investors to ask questions in real-time. The presentation can be accessed at https://bit.ly/3LySuJN. For those unable to attend live, an archived webcast will be available after the event. Investors are encouraged to pre-register and run system checks to ensure smooth participation.
Applied Energetics (OTCQB:AERG) has expanded its facilities at the University of Arizona Tech Park by leasing an additional 5,000 sq. ft., bringing their total space to 26,000 sq. ft. This expansion supports a new Battle Lab and laser manufacturing capacity to meet U.S. military program needs. The Battle Lab will feature multi-domain simulation, advanced sensor integration, real-time feedback, and a collaborative environment for military and industry partners. CEO Dr. Gregory Quarles emphasized that this development is important for accelerating the testing and demonstration of their ultrashort pulse laser technologies (USPL).
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