Applied Energetics, Inc. announced that Chris Donaghey has been appointed Chief Operating Officer, effective August 1, 2022. In this role, Donaghey will lead all aspects of Applied Energetics financial strategy, performance, reporting and long-range business planning, as well as investor relations, treasury, controller, and audit operations. Donaghey, 50, is an experienced financial executive with a proven track-record in delivering profitable growth, including extensive experience within the defense industry.

He joins Applied Energetics from Science Applications International Corporation (SAIC), a defense and government agency technology integrator, where he served as senior vice president and head of corporate development. In this role, Donaghey was responsible for executing the company's mergers and acquisitions (M&A) and strategic ventures strategy working closely with the senior management team to support SAIC's strategic plan with an emphasis on M&A and external emerging technology investments. Donaghey is also a Founder and Executive Board member of the Silicon Valley Defense Group, a non-profit organization whose mission is to create the nexus of pioneering ideas, people, and capital that will unlock new sources of innovation for national security and power the digital evolution of the defense industrial base.

Prior to joining SAIC, Donaghey was vice president of Corporate Strategy and Development for KeyW Corporation, a national security solutions provider for the Intelligence, Cyber and Counterterrorism Communities, where he guided the overall corporate strategy, M&A, and capital markets activities. Donaghey was also a senior research analyst for SunTrust Robinson Humphrey Capital Markets where he provided investment advice and insight to institutional investors covering public defense technology, government IT services, and commercial aerospace industries. During his tenure at SunTrust, Donaghey was ranked the number one defense analyst and number two analyst overall for stock selection by Forbes/Starmine in 2005 and was named in the Wall Street Journal Best on the Street survey in 2005, 2008, and 2009.

Donaghey served in the U.S. Navy Reserve where he provided scientific and technical analysis of missile guidance and control systems and advanced electronics for the Short-Range Ballistic Missile group at the Defense Intelligence Agency's Missile and Space Intelligence Center. Donaghey earned his bachelor's degree in mechanical engineering from Texas Tech University and served as an officer in the U.S. Navy. Donaghey previously served on Applied Energetics' Board of Advisors since April 30, 2019, providing input into the strategic direction of the Company and assistance in building relationships in the defense markets.