CEO details laser demo progress, PLAID prototype; two customer contracts canceled due to DOGE reprioritization

APPLIED ENERGETICS, INC.

CEO targets first outdoor laser test in Q4 to achieve TRL 5 and unlock later-stage R&D funding (up 26%).
Two small customer contracts canceled due to DOGE reprioritization; 6.2 budget down 20% while total R&D up 20% to $180B.
New multi-year LLE contract to build laser for US govt program; Phase 0 concluding, Phase I expected later this year.
Three new patents awarded: UV laser for virus kill and two amplification technologies for ultrashort pulse lasers.
Productization hiring underway: Chief Product Officer search and Systems Integration facility co-located with Battle Lab.

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