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Applied Energetics Inc

 
Hoover's Profile: Applied Energetics, Inc.
(NASDAQ (GM):AERG)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Applied Energetics, Inc.
3590 E. Columbia St.
Tucson, AZ 85714
AZ Tel. 520-628-7415
Fax 520-622-3835

Type: Public
On the web: http://www.appliedenergetics.com
Employees: 70
Employee growth: (11.4%)

Bullets?!! We don't need no stinkin' bullets -- not with the Buck Rogers technology of Applied Energetics. The company is developing Laser Guided Energy and Laser Induced Plasma Channel directed-energy weapons for sale to the US government. In plain English? Laser-guided, man-made lightning! Applied Energetics is developing more compact laser sources and field testing its technology for mobile platforms such as tanks, Humvees, and personnel carriers. Depending on the military situation, the charge can be set to stun or kill people, or to disable vehicles. Applied Energetics also develops technology for neutralizing car bombs and other explosives.

Key numbers for fiscal year ending December, 2008:
Sales: $16.6M
One year growth: 33.9%
Net income: ($8.7)M

Officers:
Chairman: James M. (Jim) Feigley
EVP Programs, COO, and Principal Executive Officer: Joseph Hayden
Controller and Principal Accounting Officer: Humberto Astorga

Competitors:
Metal Storm
TASER

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