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Ionatron to become Applied Energetics

TUCSON, Feb. 18 (UPI) -- Arizona-based defense contractor Ionatron announced plans to re-name itself Applied Energetics Inc. in an effort to reflect the company's growing initiatives.

Applied Energetics is a lasers, high voltage electronics and integrated guided energy systems developer among other technologies for the defense and aerospace markets. Officials say the corporate name change, reflective of the company's transition from directed energy weapons research to a growing mix of engineering and production programs, will be effective as of Wednesday.

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"Our company has moved well beyond our foundation in scientific discovery," Applied Energetics' Chairman, President and Chief Executive Officer Dana Marshall said in a statement. "Our new name is intended to better express this focus on delivering practical capability, and reflect the broadening of our targeted markets and applications.

"Our customers have embraced our innovative concepts for guided energy, and today we are meeting their needs for well engineered production hardware for their real-world applications. We also hope that this new name will highlight the significant changes we've made to our management approach as we have matured this business over the past two years."

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