Applied Energetics, Inc. and BluGlass Limited announced they have signed a memorandum of understanding (MoU) to collaborate and explore joint business opportunities that advance Applied Energetics' laser and optical systems innovations and BluGlass's expertise in GaN-based laser diode technologies. Any resultant new laser capabilities and optical systems will be based on existing and emerging technologies currently under development within the companies. Under the MoU, the companies intend to collaborate to develop innovative solutions in technology areas critical to emerging national security and commercial markets, including new laser wavelengths and higher performance, yielding more efficient and cost-effective products.

The MOU sets out the framework for collaboration, however, it is not a definitive agreement with commercial terms and timelines.