In June 2025 was an urgent wake-up call for the U.S. military and put Applied Energetics back on the map. Applied Energetics has developed a compact, ruggedized ultrashort pulse laser (USPL) platform designed to disable sensors and disrupt drones with high precision — a key military need today. AERG is structurally similar to a post–Series A defense hardware firm and is transitioning from lab testing to production, with live demonstrations scheduled for July 2025.
AERG gains investor attention as Q1 revenues climb, R&D spending rises and defense tech integration efforts expand despite funding uncertainties.
AERG reports a wider y/y 2024 loss on lower revenues and rising costs despite a recent stock gain. Key contracts and cash flow remain under pressure.
TUCSON, AZ / ACCESSWIRE / January 15, 2025 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announced that it has closed a private placement (the "Private Placement") of 6,405,666 million shares of its common stock (or pre-funded warrants in lieu thereof) to a group of new and existing accredited investors at a purchase price of $0.75 per share (or $0.749 per pre-funded warrant in lieu thereof). The pre-funded warrants are exercisable immediately upon issuance at a price of $0.001 per share until exercised in full but may not be executed in any amount which would cause the holder thereof to beneficially own 5% or more of the company's common stock.
TUCSON, AZ / ACCESSWIRE / November 25, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announced that its Board of Directors has elected Chris Donaghey as the company's new president and chief executive officer, effective November 25, 2024. A respected defense industry veteran and seasoned operator, Donaghey brings more than two decades of experience with leading defense companies focused on advancing emerging technology and innovation into mission critical applications for national security.
AERG posts higher revenues but faces wider losses due to rising costs while securing key defense contracts and expanding operations.
Applied Energetics' (AERG) unchanged Q2 earnings are supported by ongoing investments, and new and modified contracts.
Discover why Zacks rates Applied Energetics (AERG) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore AERG's innovative laser technologies, strategic contracts and growth potential while noting financial challenges and reliance on government contracts.
TUCSON, AZ / ACCESSWIRE / July 31, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL), today announced that Chris Donaghey, CFO & COO of Applied Energetics, will be presenting at the OTCQB Venture Virtual Investor Conference on August 1, 2024 at 11:00 AM Eastern. Investors and other interested individuals may access the virtual presentation here: : Click Here This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
TUCSON, AZ / ACCESSWIRE / July 8, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL), today announced that it has exercised its option to lease more than 5,000 square feet of additional space at the University of Arizona Tech Park to support the Company's investment in a new Battle Lab and laser manufacturing capacity to ensure it has the critical infrastructure in place to fulfill both current and possible future priority U.S. military programs. With this expansion, the Company will occupy approximately 26,000 sq.