Applied Energetc Stock Price, News & Analysis

Applied Energetics (OTCQB:AERG), a leader in ultrashort pulse directed energy and laser systems, has appointed two new members to its Board of Directors effective June 4, 2025. CEO Chris Donaghey, who joined the company in November 2024 with over 20 years of aerospace and defense experience, and Scott Andrews, a seasoned executive with 40+ years of leadership experience across various industries, have been added to the board. Andrews currently serves as Chair-Board of Trustees of The Virginia Retirement System, the 14th largest pension fund in the U.S. Following these appointments, the board now consists of seven directors, with four being independent. The additions aim to strengthen the company's leadership and governance structure during a crucial growth phase.

Applied Energetics (OTCQB:AERG) has secured two new patents from the USPTO, strengthening its position in advanced laser technologies. The first patent (No. 12,171,055) covers techniques for generating range-specific thermal plasma using ultrashort pulse lasers to disrupt hypersonic vehicles. The second patent (No. 12,320,702) describes a tunable UV-C pulsed light system for pathogen detection and neutralization. These additions bring AERG's patent portfolio to 27 issued patents, focusing on advanced laser systems, optical technologies, and directed energy solutions for defense, aerospace, and commercial applications.

Applied Energetics (OTCQB:AERG) has appointed Dr. Kevin Gunde as Senior Vice President and Head of Engineering, effective immediately. Dr. Gunde, who previously served on the company's Advisory Board since September 2022, brings over 30 years of leadership experience in the defense sector and intelligence domain.

Dr. Gunde specializes in developing and transitioning innovative technologies from research laboratories to operational defense and intelligence applications. His expertise spans ISR hardware, RF, Optics, Communications, Power, Mechanical, Electrical, and HMI Engineering. CEO Chris Donaghey emphasized that Dr. Gunde's appointment comes at a pivotal moment for advancing the company's laser technologies in defense applications.

Applied Energetics (OTCQB:AERG), a developer of advanced optical technologies and pulsed laser systems, announced its participation in the upcoming Ladenburg Thalmann Technology Innovation EXPO25. CEO Chris Donaghey will present on May 21, 2025, at 3:30 pm EDT at Convene - 101 Park Avenue, New York, NY.

The presentation will be available via live webcast, and investors can access it through the event's website. One-on-one meetings with the company can be arranged through the conference website.

Applied Energetics (OTCQB:AERG) has advanced to the next phase of its strategic collaboration with Kord Technologies, a KBR subsidiary, to develop and integrate an advanced pulsed laser system with Kord's FIREFLY High Energy Laser Weapon System (HELWS).

The development will take place at Applied Energetics' new Battle Lab in Tucson, Arizona. The integration aims to create a layered, multifunctional system designed to counter emerging threats. If successful, this collaboration could enhance FIREFLY's capabilities across defense, homeland security, and critical infrastructure protection markets.

The development activities will focus on refining system performance, optimizing integration, and validating operational effectiveness, with the goal of achieving technical milestones that could generate additional customer interest and contract opportunities.

Applied Energetics (OTCQB:AERG) announced the opening of its new Battle Lab, a testing and demonstration facility for ultrashort pulse laser (USPL) technologies, located at the University of Arizona Tech Park. The facility aims to accelerate development of USP laser systems for counter-ISR applications and will serve as a manufacturing and integration center.

The company appointed Dr. Patrick Roumayah as Director of the Battle Lab, System Integration and Test. Dr. Roumayah, who joined as Senior Scientist in August 2023, previously worked at Lockheed Martin and Fibertek.

The Battle Lab features include a dynamic testing environment replicating operational scenarios, live demonstration capabilities for USP laser systems against threats like optical sensors and drones, collaboration space for partners, and advanced data collection systems for performance optimization.

Applied Energetics (OTCQB:AERG), a leader in advanced optical and ultrashort pulse laser technologies, has successfully completed a private placement offering raising approximately $4.8 million. The company issued 6,405,666 shares of common stock (or pre-funded warrants) to accredited investors at $0.75 per share (or $0.749 per pre-funded warrant).

The pre-funded warrants can be exercised immediately at $0.001 per share, with a restriction preventing holders from acquiring 5% or more of common stock. The company plans to utilize the proceeds for product development, strategic partnerships, and general corporate purposes. The offering closed on January 14, 2025.

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.