Applied Energetics, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Energetics, Inc.

AERG 1.810

-3.7%

Dec 30 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zoro99 who wrote (482)	6/3/2010 10:29:42 AM
From: Zoro99	Read Replies (1) of 512

Applied Energetics gets $1.8M funding boost Applied Energetics awarded an extra $1.8M in funding for laser development contract with Army On Wednesday June 2, 2010, 4:02 pm TUCSON, Ariz. (AP) -- Laser technology developer Applied Energetics Inc. said Wednesday it received an additional $1.8 million in funding for a contract with the U.S. Army to develop laser guided energy technology. The award has a ceiling value of $13.4 million over a period of three years. The additional funding brings the total contract value to $4.9 million, the company said. Applied Energetics said it expects to receive funding for the project incrementally. The company developed the laser guided energy technology in 2002. It involves using a laser to guide a high-voltage electric charge against a target. The project was commissioned by the Army's Research, Development and Engineering Command.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next