other material
confidence medium
sentiment positive
materiality 0.30
Applied Energetics expands facility by 8,000 sq ft, hires more employees
APPLIED ENERGETICS, INC.
- Expanding existing 13,000 sq ft facility by 8,000 sq ft at Tech Park, Tucson for admin, R&D, and manufacturing.
- CEO Dr. Gregory Quarles interviewed on KOLD-TV (Tucson) discussing expansion and security protocols.
- Company currently has over 15 lab employees, with plans to hire more; interns from University of Arizona involved.
- Updated company presentation released on website on July 18, 2023 (content not detailed in filing).