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AERG's Q2 loss widens y/y as revenues fall and R&D costs surge, while shrinking cash and unfunded contracts weigh on the outlook.

TUCSON, AZ / ACCESS Newswire / August 18, 2026 / Applied Energetics, Inc. (OTCQB:AERG), a leader in ultrashort pulse laser and directed energy technologies, today announced Applied Energetics has been selected for a Strategic Funding Increase (STRATFI) opportunity by AFWERX, the innovation arm of the Department of the Air Force and a directorate within the Air Force Research Laboratory, with potential funding of up to $4 million and additional potential funding of up to $4 million in matching funding from the sponsor, the Air National Guard. The initiative is open to small businesses with Phase II contracts awarded within the past two years, allowing them to apply for funding through an annual notice of opportunity.