GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Applied Energetics AERG · USD

Industrials · US listing · 🇺🇸 United States

Compare

0.89

+0.68%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Applied Energetics

From its filings with the US Securities and Exchange Commission

SEC filings

Applied Energetics is based in Tucson, Arizona and is incorporated in Delaware. Its shares trade on OTC under the ticker AERG. The SEC classifies its business as search, detection, navigation, guidance, aeronautical sys. In the fiscal year to 31 December 2025, it reported revenue of $461,727 and a net loss of $14.9m. At that date it held total assets of $9.1m and shareholders' equity of $7.6m.

In its own words

Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330.

Energetics’ optical fiber-based laser architectures also enable unmatched wavelength agility as well as pulse duration agility.

The laser was invented in 1960, and yet today, directed energy capabilities are still in the early stages of development and adoption.

Quoted from its 10-K, filed 30 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Aerospace & Defense
Listed since
26 Mar 1992
Employees
26
Head office
9070 S. RITA ROAD, TUCSON, AZ, 85747
Incorporated in
DE
Classification
Search, Detection, Navigation, Guidance, Aeronautical Sys
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Bradford AdamczykExecutive Chairman of the Board, since 2018$215,000
  • Mr. Christopher DonagheyPresident, Chief Executive Officer, Interim Principal Financial Officer, Director, since 2022$1.0m
  • Dr. Stephen McCahonChief Scientific Officer and Consultant$350,000
  • Ms. Mary O'haraGeneral Counsel, Chief Legal Officer, Secretary and Director, since 2021$250,000
  • Dr. Gregory QuarlesCEO Emeritus and Executive - Government and Institutional Relations, Director, since 2019$400,000
  • Mr. Michael AlberIndependent Director$419,028
  • Mr. A. Scott AndrewsIndependent Director
  • Mr. John SchultzIndependent Director$90,000
  • Mr. Kevin McgrathInvestor Relations, since 2023

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Tucson, Arizona with a focus on aerospace and defense sector.
  • Owns intellectual property rights to Laser Guided Energy (LGE) and Laser Induced Plasma Channel (LIPC).
  • Holds 27 issued patents and 11 Government Sensitive Patent Applications (GSPA).

Weaknesses

  • Employment of only 26 employees as per company data.
  • IPO date of 1992-03-26 indicates a long-standing but potentially small-scale operation.
  • Source description mentions 14 full-time employees, conflicting with company data.

Opportunities

  • Potential growth in defense and national security sectors for advanced laser technologies.
  • Expansion of intellectual property portfolio with pending patent applications.
  • Increasing demand for high-performance lasers in industrial and biomedical applications.

Threats

  • Government secrecy orders on GSPAs may limit commercialization opportunities.
  • Conflicting employee count data may indicate operational inconsistencies.
  • Dependence on defense and national security markets could pose risks from budget cuts.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.