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Applied Energetics raised $10.8M in a private placement to advance its laser technology.
Applied Energetics, Inc. (OTCQB:AERG) completed a private placement on October 8, 2025, raising about $10.8 million by selling 5,995,674 shares or pre-funded warrants at $1.80 per share.
Proceeds will fund product development, hiring, partnerships, potential exchange uplisting, and general operations.
The company, which holds 26 patents and has six pending, develops compact laser systems for defense and commercial use.
Titan Partners Group advised on the deal.
The transaction closed after standard conditions were met.
The announcement does not constitute an offer to sell securities.
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Applied Energetics recaudó $10.8M en una colocación privada para avanzar en su tecnología láser.