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Added to YB: 2026-04-28

Pitch date: 2026-04-26

AERG [bullish]

Applied Energetics, Inc.

-0.74%

current return

Author Info

David’s Investment Notes is a former fund manager with a focus on value. Their investment approach constantly explores different scenarios, with a focus on worst-case outcomes, while demanding significantly more upside potential than downside in each opportunity. Sign up for the newsletter.

Company Info

Applied Energetics, Inc. develops, manufactures, and sells advanced high-performance lasers and optical systems, and integrated guided energy systems to defense, national security, industrial, biomedical, and scientific customers worldwide.

Market Cap

$302.2M

Pitch Price

$1.36

Price Target

N/A

Dividend

N/A

EV/EBITDA

-20.77

P/E

-20.29

EV/Sales

642.81

Sector

Aerospace and Defense

Category

growth

Show full summary:
AERG - The Drone-Killer Frame Is Too Small

AERG: Ultra-short pulse laser defeats sensors at speed of light w/ low SWaP, near-zero cost/shot. 1 of 6 DoW critical tech areas (SCADE). Architecture fits affordability/scale mandate CW lasers can't meet. 26 patents, no credible competitor emerged in 10yrs. Apps: drones, satellites, hypersonics, backpack, space. Rochester/MDA modeling lethality across all domains, tens of millions revenue potential. Multiple prototypes by YE. Risk: laser build-out execution, capital runway vs procurement speed.

Read full article (11 min)