Applied Energetics, Inc. (formerly Ionatron) is an American
arms manufacturer. It develops
directed-energy weapons, mainly
electrolaser
An electrolaser is a type of electroshock weapon that is also a directed-energy weapon. It uses lasers to form an electrically conductive ''laser-induced plasma channel'' (LIPC). A fraction of a second later, a powerful electric current is sent ...
s with a range of tens of meters.
Applied Energetics stock is
publicly traded
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
on the
NASDAQ
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
exchange. When still named Ionatron, it traded under the
ticker symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...
IOTN. In February 2008, the company name was changed to Applied Energetics with ticker symbol AERG.
[http://sg.us.biz.yahoo.com/cc/5/104235.html]
References
Defense companies of the United States
{{US-manufacturing-company-stub