Applied Energetics, Inc. (AERG)

[travel lightly]

Is it just me who finds this interesting?


https://news.northropgrumman.com/news/releases/northrop-grumman-to-sell-federal-it-and-mission-support-business-to-veritas-capital-for-3-4-billion

https://www.veritascapital.com/about

Tucson, AZ, July 15, 2019 -- Applied Energetics, Inc. (OTCQB: AERG), today announced that the Company has been awarded a multi-phase program contract by a top 10 global defense contractor spanning feasibility analysis, proof of principle, initial system design, and lab-based test and evaluation of a frequency agile fiber laser system, utilizing various nonlinear processes to demonstrate laser output across multiple bands in the spectrum. This system could also be coupled to currently deployed technologies to assist in a number of critical U.S. Department of Defense (“DoD”) mission areas and shows promise for multiple advanced commercial applications. At the request of the customer, further details about this contract are considered confidential.

NOTE--In Noble video it was mentioned this is currently under review.

And from the Dec 2019 announcement--

Prof. Martin Richardson, director of LPL, states, “We are pleased to collaborate with Applied Energetics on this important project. It demonstrates how STTR programs can be used to rapidly transfer relevant scientific and technological developments from major university research laboratories to the industrial sector, one of the key new expectations of the DE-JTO and the DoD” Dr Robert Bernath, leader of the LPL-UCF team supporting this program says, “This project will enable rapid industrial exploitation of new experimental paradigms we have developed at UCF. We look forward to working with Applied Energetics in expanding their scope and increasing the technological readiness level of this new approach to directed energy.”

Professor Martin Richardson--Northrop Grumman Professor??
https://creol.ucf.edu/person/martin-c-richardson/