Applied Energetics, Inc. (NASDAQ:AERG)
The Company was formed to develop and market Directed Energy Weapon products and other products incorporating its proprietary LIPC and related technologies.
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Recs
Has a few security products in the works. Directed energy- sound with the focus of a laser and anti IED (badly needed in IRAQ). no awards yet but working out the kinks.
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Pending sole source contract in addition to desired counter IED technology and because rayguns are just too damn cool.
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The insiders have been selling consistently throughout the year.
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They said airplanes couldn't fly when they went to the mono wing design.
People are always afraid of new advances.
Let's hope this for the best on this one.
I like the idea of ," Bullets? We don't need no stinking bullets"
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Lightning in a bottle. Now they need a delivery system. When it comes, watch out above!
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I'll believe it when I see it.
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directed energy weapons kills terrorists dead!
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Not much information out here today, but it would seem the company has and is acquiring well-established people to get the business rolling. They are also forming alliances with various companies, they ones people know of as of now are DRS and Ant. They have several products available, the ones people really know of are the LIP-C and the Jins, they also have the Vechile Stopper which could take over Taser's business one day since it is a wireless weapon. I think once this company finalize some contracts, we can see this company fly.
Recs
Otter picked it...
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