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AmpliTech Group Inc. AMPG
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Posted On: 07/29/2021 3:58:09 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Featured in Stock2Me Podcast, Secures $0.5M in Follow-On Orders

AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art components and semiconductor chips for satellite and 5G communications networks, defense, space, and other commercial applications, was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. AMPG’s Director of Communications Shan Sawant joined the latest episode to discuss AmpliTech’s business model and offer an overview of the company’s proven, decades-long track record of providing vital radio frequency components to an impressive list of clients. “AmpliTech provides high-quality radio frequency (‘RF’) components that allow for high performance, low noise wireless connections in devices and systems,” Sawant said. “As we know, today, virtually every mobile device requires a wireless signal of some kind, and systems are beginning to need to process more data than ever before. That creates an unprecedented demand for signal bandwidth to move applications and data in a fast and highly reliable way.”

In addition, AmpliTech today announced its receipt of $0.5M in orders for custom low noise amplifiers (“LNAs”) for a global high-speed satellite broadband services provider. Per the update, the amplifiers, which are expected to ship in the third quarter, will be utilized in satellite ground stations to disseminate valuable geosynchronous equatorial orbit (“GEO”), low earth orbit (“LEO”) and medium earth orbit (“MEO”) satellite system data to end users. “We have years of experience working with this customer to deploy customized low noise amplifiers in their satellite systems,” said AMPG CEO Fawad Maqbool. “It recognizes the value of our industry leading performance and reliability to deliver data and communications that are unimpacted by environmental interference. We are excited to build on this relationship to maximize the efficiency of the customer’s communications systems and look forward to working with the customer in the future.”

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