Applied Energetics

"Innovative Ultrafast Lasers and Particle Beam Systems"

Applied Energetics Receives Contract From Air Force Research Laboratory


TUCSON, Ariz.— May 18, 2011 —Applied Energetics, Inc., (NASDAQ:AERG) today announced it has been awarded a $746 thousand Small Business Innovation Research (SBIR) Phase II contract from the Air Force Research Laboratory. The Phase I project was completed in December of 2010. The Company demonstrated in Phase I that its proprietary "Nested High Voltage" insulation geometry successfully reduces the volume required to insulate high voltages while being compatible and convenient for the production of militarized systems where space, volume, and reliability are critical factors. In Phase II Applied Energetics will produce for the Air Force a smaller volume, high voltage pulse generator to power a High Power Microwave system.

...Read Entire Article

Applied Energetics Reports First Quarter 2011 Financial Results


TUCSON, Ariz. — May 10, 2011-- Applied Energetics, Inc., (NASDAQ: AERG), today reported summary financial results for the first quarter ended March 31, 2011. The Company will host a live conference call today, May 10 at 11:00 a.m. (Eastern Time).

First Quarter 2011 Summary Financial Results

Revenue for the first quarter of 2011 decreased about 22.2% to approximately $2.8 million, compared to approximately $3.6 million for the same period last year. Counter-IED (CIED) program revenue for the first quarter of 2011 decreased by $454,000 to $1.7 million as we completed our field operational support and focus on the more compact version of this technology. Revenue from Laser Guided Energy (LGE) decreased by $130,000 to $707,000, and revenue from High Voltage products increased by $226,000 to $233,000 for the first quarter of 2011, respectively. Revenues for the Ultrashort Pulse Laser product line had a decrease of $420,000 to $146,000 for the first quarter of 2011.

...Read Entire Article

Applied Energetics Schedules First Quarter 2011 Financial Results Conference Call


Tucson, AZ, May 3, 2011 – Applied Energetics, Inc., (NASDAQ: AERG), announced that Joseph Hayden, President, and Humberto Astorga, Chief Financial Officer, will discuss the Company's results for the first quarter ended March 31, 2011, during a conference call scheduled for May 10, 2011, at 11:00 a.m. ET. The Company's financial results for the first quarter 2011 are scheduled to be released before the open of the market on May 10.

...Read Entire Article