Welcome to our dedicated page for Applied Energetc news (Ticker: AERG), a resource for investors and traders seeking the latest updates and insights on Applied Energetc stock.
Applied Energetics (AERG) delivers cutting-edge ultrashort pulse laser systems and optical technologies for defense and industrial applications. This news hub provides investors and industry professionals with essential updates on the company’s advancements in directed energy solutions.
Access comprehensive coverage of AERG’s strategic developments including defense contract milestones, technology partnerships, and research breakthroughs. Our curated collection features official press releases and verified news about laser system innovations, testing facility expansions, and cross-sector applications in national security and advanced manufacturing.
Key updates include progress in high-power laser development, collaborations with government agencies, and advancements in ruggedized systems for field deployment. All content is verified for accuracy to support informed decision-making.
Bookmark this page for streamlined access to Applied Energetics’ latest achievements in optical technology and its growing role in next-generation defense solutions. Check regularly for real-time updates on operational milestones shaping the future of directed energy systems.
Applied Energetics (OTCQB:AERG) has completed a private placement of 3 million shares, priced at $2.20 per share, raising $6.586 million. The proceeds will accelerate the development of ultrashort pulse laser technologies intended for national security applications. This move aims to address the growing threat from unmanned aerial systems (UAS) by providing directed energy solutions. The company plans to enhance personnel, inventory, and equipment with the new capital, as stated by CEO Dr. Gregory Quarles.
Applied Energetics, Inc. (OTCQB:AERG) announced the appointment of Kevin Gunde, PhD, to its Advisory Board on September 28, 2022. Dr. Gunde, currently an executive at Jacobs, brings extensive knowledge in defense and advanced technology. His role will involve guiding the company's strategic plan for innovation and customer success, particularly in defense applications. This appointment follows significant organizational changes and aims to enhance Applied Energetics' position within the defense sector, addressing mission-critical challenges for the U.S. Department of Defense.
Applied Energetics announces the appointment of Chris Donaghey as Chief Financial Officer and Chief Operating Officer, effective August 1, 2022. Donaghey will oversee financial strategy, reporting, and long-term planning. His experience includes a senior role at Science Applications International Corporation and a background in defense industry financial management. The leadership team emphasizes this change as pivotal for driving growth and performance, especially amidst recent contract successes.
Applied Energetics, Inc. (OTCQB:AERG) announced its acquisition of a $172,000 Phase I Small Business Technology Transfer (STTR) contract with the U.S. Army for developing an advanced directed energy system. This initiative focuses on delivering an ultra-broadband infrared laser for military applications, particularly for safe delivery to electro-optic sensors. Additionally, the company has secured a multi-year grant from the Department of the Navy. The STTR program requires collaboration with academic institutions, and Applied Energetics plans to partner with the University of Arizona's Wyant College of Optical Sciences.
