Applied Energetics Inc. announced that Kevin Gunde, PhD, has joined the company’s Advisory Board. Dr. Gunde is presently an executive at Jacobs, a provider of professional services including consulting, technical, scientific, and project delivery for the government and private sector.
On Wednesday, AERG stock increased 2.61% to $2.3600 with more than 28.29K shares, compared to volume of 54.66K shares. The stock moved within a range of $2.2400 – 2.3650 after opening trade at $2.3000.
Applied Energetics Appoints Kevin Gunde, PhD, to its Advisory Board
Dr. Gunde will assume an advisory role, to provide expert guidance in the advancement of Applied Energetics’ strategic plan for driving innovation and customer success and supporting the future potential fielding of the technology in various defense applications.
He brings broad business management and technical expertise to Applied Energetics. Throughout his prolific career, Dr. Gunde has supervised teams that specialize in the development, deployment, productization, and transfer of cutting-edge technologies from research laboratories to the operational elements of the defense and intelligence communities.
Dr. Gregory Quarles, President and CEO at Applied Energetics, is thrilled to have Dr. Gunde on board. He is certain that Dr. Gunde’s impressive business and scientific acumen will be invaluable as the company speeds up its expansion and continues to evolve its solutions.
Dr. Gunde expresses similar elation, as Applied Energetics’ innovative laser and optical systems technology is forging new paths for the adoption and deployment of mission-critical solutions in the United States defense and intelligence sectors. He is happy to join the company at a critical juncture and work towards assisting the defense industry customers in leveraging the impressive capabilities of Applied Energetics.
“Applied Energetics’ innovative laser and optical systems technology is forging new paths for the adoption and deployment of mission-critical solutions in the United States defense and intelligence sectors,” said Dr. Gunde. “I am proud to join the Applied Energetics team at such a critical time in our nation’s history. The incorporation of this new and advanced technology is essential to our national and economic security. I look forward to assisting our defense industry customers in leveraging the impressive capabilities of Applied Energetics.”
AERG stock is trading above the 20-Day and 50-Day Moving averages of $2.14 and $2.20 respectively. Moreover, the stock is trading above the 200-Day moving average of $2.17.