tiprankstipranks
Trending News
More News >

Applied Energetics awarded $1.99M multiyear contract with ONR

Applied Energetics has been awarded a $1.99 million, two-year contract from the Department of the Navy, Office of Naval Research, to develop a high-peak and high-average power ultra-short pulse optical system. The system is expected to demonstrate effects compatible with multiple Navy platforms and missions with an attractive size, weight, and power-cooling footprint. Applied Energetics’ continuing development efforts in collaboration with ONR signify the importance of sustained development and maturation of USP-based directed energy systems to support the Navy’s technological priorities.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Disclaimer & DisclosureReport an Issue

1