Applied Energetics to Continue Ultrashort Pulse Laser Program with Office of Naval Research [Yahoo! Finance]
APPLIED ENERGETICS INC (AERG)
US:NASDAQ Investor Relations:
aergs.com
Company Research
Source: Yahoo! Finance
TUCSON, AZ / ACCESSWIRE / April 19, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL), announced today that the Company's existing ultra short pulse laser program with the Office of Naval Research (ONR) has transitioned from a grant to a contract. The Company's previously awarded grant with ONR was for the development of an optical system capable of defeating customer-specified threats for integration onto U.S. Marine Corps (USMC) platforms. The original grant had a two-year period of performance. The new contract supersedes the May 2022 grant and carries a ceiling value of $1,217,535 under a base period of performance through November 11, 2024, and a twelve-month unfunded option period that ends November 11, 2025. The Company previously filed an 8-K related to this matter with the Securities & Exchange Commission on March 12, 2024. "Applied Energetics is pleased to announce ONR's commitment to continue to suppor
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News
- Applied Energetics to Continue Ultrashort Pulse Laser Program with Office of Naval ResearchAccesswire
- Applied Energetics Announces Michael J. Alber as New Independent Board Member [Yahoo! Finance]Yahoo! Finance
- Applied Energetics Announces Michael J. Alber as New Independent Board MemberAccesswire
- Applied Energetics Names James Harrison, Ph.D., as Director of New Product Innovation [Yahoo! Finance]Yahoo! Finance
- Applied Energetics Names James Harrison, Ph.D., as Director of New Product Innovation Accesswire
AERG
Sec Filings
- 4/24/24 - Form 4
- 4/17/24 - Form 4
- 4/8/24 - Form 4
- AERG's page on the SEC website