Business UpdateApr 29, 2026, 04:53 PM
AERG Awarded $250K Follow-on Laser Tech Contract by U. Rochester LLE
AI Summary
Applied Energetics, Inc. announced it was awarded a follow-on contract worth approximately $250,000 from the University of Rochester's Laboratory for Laser Energetics (LLE). This contract supports a multi-phase advanced laser technology program, continuing efforts to explore pulsed laser technologies. The contract is expected to commence in April 2026.
Key Highlights
- AERG awarded a follow-on contract valued at approximately $250,000.
- The contract was granted by the University of Rochester's Laboratory for Laser Energetics (LLE).
- It supports a multi-phase advanced laser technology program.
- The program focuses on ongoing efforts to explore pulsed laser technologies.
- The contract is expected to commence in April 2026.
Price Impact
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