Applied Energetics, Inc. (AERG)

OTCMKTS · Delayed Price · Currency is USD
0.583
-0.010 (-1.69%)
Dec 27, 2024, 4:00 PM EST
-71.00%
Market Cap 124.54M
Revenue (ttm) 2.53M
Net Income (ttm) -8.86M
Shares Out 213.80M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 120,000
Open 0.593
Previous Close 0.593
Day's Range 0.580 - 0.620
52-Week Range 0.430 - 2.215
Beta 0.29
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2025

About Applied Energetics

Applied Energetics, Inc. engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems. The company was founded in 1990 and is headquartered in Tucson, Arizona. [Read more]

Sector Technology
Founded 1990
Employees 16
Stock Exchange OTCMKTS
Ticker Symbol AERG
Full Company Profile

Financial Performance

In 2023, Applied Energetics's revenue was $2.63 million, an increase of 101.22% compared to the previous year's $1.31 million. Losses were -$7.38 million, 27.2% more than in 2022.

Financial Statements

News

Applied Energetics to Present at The Benchmark Company 13th Annual Discovery One-on-One Conference on December 11th, 2024, in New York City

TUCSON, AZ / ACCESSWIRE / December 4, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announc...

25 days ago - Accesswire

Applied Energetics and Kord Technologies Sign Memorandum of Understanding to Advance Directed Energy and Pulsed Laser Technology Solutions

TUCSON, AZ and HUNTSVILLE, AL / ACCESSWIRE / December 3, 2024 / Applied Energetics, Inc., a recognized leader in the field of Advanced Optical Technologies and Ultrashort Pulse Directed Energy Solutio...

26 days ago - Accesswire

Applied Energetics Names Chris Donaghey President and CEO

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 announ...

4 weeks ago - Accesswire

Applied Energetics to Present at the OTCQB Venture Virtual Investor Conference August 1st

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 & C...

5 months ago - Accesswire

Applied Energetics Announces Expansion of its Facilities at University of Arizona Tech Park to Support New Battle Lab and Laser Manufacturing

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 opt...

6 months ago - Accesswire

Applied Energetics to Continue Ultrashort Pulse Laser Program with Office of Naval Research

Grant awarded in May of 2022 transitions to new contract to fund ongoing development and testing of the Company's capabilities to disrupt intelligence, surveillance, and reconnaissance sensors TUCSON,...

9 months ago - Accesswire

Applied Energetics Announces Michael J. Alber as New Independent Board Member

Defense Industry Veteran with Significant Experience in Operational Excellence and Driving Financial Performance Joins Board TUSCON, AZ / ACCESSWIRE / March 27, 2024 / Applied Energetics, Inc. (OTCQB:...

9 months ago - Accesswire

Applied Energetics Names James Harrison, Ph.D., as Director of New Product Innovation

30-year Laser Industry Veteran to Lead Innovation and Development of New Laser and Optical Products TUCSON, AZ / ACCESSWIRE / March 5, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the adv...

10 months ago - Accesswire

Applied Energetics Signs MOU with Photonics Innovator BluGlass

Collaboration combines complementary high-performance solutions and expertise across a wide range of emerging technologies BluGlass and Applied Energetics intend to cooperate to develop innovative sol...

11 months ago - Accesswire

Applied Energetics Awarded $1.99 Million Multi-Year Contract with the Office of Naval Research

TUCSON, AZ / ACCESSWIRE / August 28, 2023 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser (USPL) technologies, announced today that it has been awarded a...

1 year ago - Accesswire

Applied Energetics Announces Expansion of its Tucson Headquarters at UA Tech Park

TUCSON, AZ / ACCESSWIRE / June 22, 2023 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL) announced today plans for the expansion of it...

1 year ago - Accesswire

Applied Energetics Awarded $1.148 Million Phase II Small Business Technology Transfer Contract by the U.S. Army for Ultra-Broadband IRCM Source Development

New contract funds ongoing development and testing of the Company's Infrared Countermeasure capabilities to disrupt electro-optic sensors. Phase II contract will be performed in collaboration with our...

1 year ago - Accesswire

Applied Energetics Announces Appointment of Dr. Stephen W. McCahon, as Chief Science Officer

Dr. McCahon, co-founder of the Company, brings more than three decades of experience as a scientific researcher, technology developer, and pioneer innovating and translating optical technology to appl...

1 year ago - Accesswire

Applied Energetics Announces Completion of $6.586 Million Private Placement of Common Stock

New capital to accelerate development of ultrashort pulse laser directed energy solutions TUCSON, AZ / ACCESSWIRE / December 8, 2022 / Applied Energetics, Inc. (OTCQB:AERG), ("Applied Energetics" or t...

2 years ago - Accesswire

Applied Energetics Appoints Kevin Gunde, PhD, to its Advisory Board

Dr. Gunde brings extensive knowledge in the areas of defense, security and advanced technologies. TUCSON, AZ / ACCESSWIRE / September 28, 2022 / Applied Energetics, Inc. (OTCQB:AERG), a leader in ultr...

2 years ago - Accesswire

Applied Energetics Appoints Chris Donaghey Chief Financial Officer and Chief Operating Officer

TUCSON, AZ / ACCESSWIRE / July 18, 2022 / Applied Energetics, Inc. (OTCQB:AERG), a leader in ultrashort pulse laser technology, announced today that Chris Donaghey has been appointed Chief Financial O...

2 years ago - Accesswire

Applied Energetics Awarded Phase I Small Business Technology Transfer Contract by U.S. Army for Directed Energy System Development

TUCSON, AZ / ACCESSWIRE / June 21, 2022 / Applied Energetics, Inc. (OTCQB:AERG), a leader in ultrashort pulse laser technology, is pleased to provide further details on its $172,000 Phase I Small Busi...

2 years ago - Accesswire

Applied Energetics Awarded Multi-Year Grant with the Office of Naval Research

Company to Develop an Ultrashort Pulse Laser System Capable of Defeating U.S Marine Corps-Specified Threats TUCSON, AZ / ACCESSWIRE / June 1, 2022 / Applied Energetics, Inc. (OTCQB:AERG), today announ...

2 years ago - Accesswire