Applied Energetics, Inc.
Applied Energetics Receives Contract for Delivery of Laser to U.S. Navy
Published in Health Business Week, August 14th, 2009
Applied Energetics, Inc., (NASDAQ:AERG), announced it has received a $992,000, contract for the design, development and delivery of an Ultra-Short Pulse (USP) laser system to the U.S. Navy. The Company will produce a demonstration system specifically designed to explore USP laser effects and determine requirements for deployment of USP lasers on U.S. Navy and U.S. Marine Corps aircraft. The system is expected to be delivered to Naval Surface Warfare Center, Crane, Indiana in twelve months.
Joe Hayden, Chief Operating Officer of Applied Energetics, commenting on the contract award said, "Applied Energetics is pleased to continue our work with NSWC Crane on advancing...
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Source: Health Business Week (2009-08-14)
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