Applied Energetics, Inc., (NASDAQ:
AERG) today announced it has been awarded a $746 thousand Small Business Innovation Research Phase II contract from the Air Force Research Laboratory. The Phase I project was completed in December of 2010. The Company demonstrated in Phase I that its proprietary "Nested High Voltage" insulation geometry successfully reduces the volume required to insulate high voltages while being compatible and convenient for the production of militarized systems where space, volume, and reliability are critical factors. In Phase II Applied Energetics will produce for the Air Force a smaller volume, high voltage pulse generator to power a High Power Microwave system.
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