Applied Energetics, Inc. is a Defense & Aerospace company. Its directors and officers file their transactions with SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 22 filings came from 4 insiders.
Only sales appear on the open market, 13 sales in all totalling €145k, filed by 3 insiders. The totals do not cover 1 filing with an undisclosed amount. The largest single trade was a sale of €16k by Mccahon Stephen William, published on 30 December 2025.
Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Compared with its exchange (5,811 companies, median 19 filings), a count of 22 filings is above the norm. The full history, which starts in 2022, counts no purchases against 47 sales. For the fiscal year to 31 December 2025, the annual 10-K puts revenue at 461,727 USD and net income at -14.9 m USD.
Other companies in the same sector with recent insider buying flagged by our signals: Heico Corp. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
25 of 89 declarations
Applied Energetics, Inc. (ticker AERG) is a U.S.-based defense technology company headquartered in Tucson, Arizona, United States. Its shares are currently quoted on the OTCQB, not NYSE/NASDAQ according to its recent SEC disclosures. The company focuses on advanced laser and photonics systems, with a core emphasis on ultrashort pulse laser (USPL) technology and directed-energy applications aimed primarily at defense and national security use cases. Its market position is that of a specialized, early-stage technology developer rather than a scaled commercial laser manufacturer. ([sec.gov](https://www.sec.gov/Archives/edgar/data/879911/000121390026056864/ea0290944-8k_applied.htm?utm_source=openai))
Applied Energetics was founded in Tucson in the early 2000s by executives and scientists with deep roots in the defense sector. SEC filings describe a corporate history tied to directed-energy weapons development and high-power laser source innovation, built around proprietary intellectual property rather than commodity hardware. The company’s strategic narrative is centered on turning laboratory-grade optical science into fieldable systems for mission-critical applications. In 2024 and 2025, management has emphasized a more disciplined commercialization path, with a stronger focus on productization, testing milestones, and defense customer relevance. ([sec.gov](https://www.sec.gov/Archives/edgar/data/879911/000121390024026107/ea0201691-10k_applied.htm?utm_source=openai))
Its main business lines include the design, development, and integration of laser and photonics solutions, especially USPL architectures, directed-energy platforms, Laser Guided Energy (LGE), and related optical systems. The company highlights a proprietary IP base that includes 25 patents, nine government-sensitive patent applications, and additional pending filings. That intellectual-property footprint is central to its competitive positioning. Rather than competing on volume or price, Applied Energetics aims to differentiate through performance, form-factor reduction, and the ability to support next-generation defense systems where size, weight, and power constraints matter. ([sec.gov](https://www.sec.gov/Archives/edgar/data/879911/000121390026036517/ea0282312-10k_applied.htm?utm_source=openai))
Geographically, the business is overwhelmingly U.S.-centric. Its headquarters are in Tucson, Arizona, and its research and development footprint is supported by collaborations with leading American laser and optics institutions, including the University of Arizona, the University of Central Florida, and the University of Rochester’s Laboratory for Laser Energetics. This suggests a model built on U.S. government-adjacent ecosystems, academic partnerships, and defense-industry collaboration. ([ir.appliedenergetics.com](https://ir.appliedenergetics.com/stock-information?utm_source=openai))
Recent developments are important for investors. In May 2026, Applied Energetics launched a new corporate website and brand identity, underscoring its push to better frame itself as a directed-energy defense company. In 2025, it added board members and advisors, advanced its PLAID™-L program, and continued work with Kord Technologies, a wholly owned subsidiary of KBR, to explore integration of its pulsed-laser technology with Kord’s FIREFLY™ High Energy Laser Weapon System. The company’s latest SEC filings also note going-concern risk, which is typical of a development-stage company but remains a key risk factor. For investors in France, Belgium, and Switzerland, the case is therefore one of a highly innovative but speculative defense microcap whose valuation will likely depend on technical validation, partner adoption, and eventual defense procurement traction. ([sec.gov](https://www.sec.gov/Archives/edgar/data/879911/000121390026056864/ea0290944-8k_applied.htm?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 461,727 USD | -14.9 m USD | -0.07 USD | n.d. | 10-K |
| Dec 2024 | 2.4 m USD | -9.2 m USD | -0.04 USD | n.d. | 10-K |
| Dec 2023 | 2.6 m USD | -7.4 m USD | -0.03 USD | n.d. | 10-K |
| Dec 2022 | 1.3 m USD | -5.8 m USD | -0.03 USD | 1.00 USD | 10-K |
| Dec 2020 | 175,920 USD | -3.2 m USD | n.d. | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.