TUCSON, Ariz.--(BUSINESS WIRE)--Aug. 18, 2008--Applied Energetics,
Inc., (Nasdaq:AERG) today announced that it has received a follow-on
contract option for continued development of Light Filament Sensor
Technology from the U.S. Army.
The Light Filament Sensor program is aimed at developing a system
for detecting and identifying trace concentrations of various
chemicals from stand-off distances. The technology is based on the
unique ability of ultrashort pulse lasers to generate persistent
optical filaments of ionized air, and to elicit unique spectral
signatures in the targeted chemicals. Success in this program may lead
to development of dual-use (military and commercial) sensor /
detection systems with applications in bomb detection and
identification, airport screening, and other defense and security
applications, as well as identification of toxins or toxic residue in
industrial or post-military settings.
The $351,286 award was issued by the U.S. Army Research
Organization (ARO - Research Triangle Park, NC) as a twelve month
follow-on option to the Light Filament Sensor Phase II STTR contract
awarded in September 2007, and brings the total value of the STTR
program to $740,788 for the two year effort. The DoD's STTR program is
similar in structure to the Small Business Innovative Research (SBIR)
program, but funds cooperative R&D project involving both a small
business and a research institution (i.e. university, federal R&D
center, non-profit research institute, etc). The purpose of the STTR
Program is to create an effective vehicle for moving technologies from
national research institutions to the market.
Applied Energetics is teamed with the Denton Group of the
University of Arizona for this effort, with Applied Energetics
providing the laser transmitter and laser test facilities, and Denton
Group being responsible for providing the sensors and cataloging
About Applied Energetics, Inc.
Applied Energetics, Inc., based in Tucson, Arizona, specializes in
development and manufacture of advanced high performance lasers, high
voltage electronics, advanced optical systems, and integrated guided
energy systems for defense, aerospace, industrial, and scientific
customers worldwide. Applied Energetics pioneered the development of
Laser Guided Energy(TM) (LGE(TM)) technology, and related solutions
for defense and security applications. For more information about
Applied Energetics, please visit www.appliedenergetics.com.
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Reform Act of 1995:
Certain statements contained in this News Release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve a number of known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by such
Such factors include, but are not limited to: the dependence on
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Advanced Energetics undertakes no obligation to update any
forward-looking statements contained in this news release.
CONTACT: Investor Relations:
Kevin McGrath, 212-245-4577
SOURCE: Applied Energetics, Inc.