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NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ

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Posted On: 04/28/2021 3:43:16 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Poised to ‘Push the Envelope on Satellite Technology Adoption’

AmpliTech Group (NASDAQ: AMPG) is a designer, developer and manufacturer of custom and standard state-of-the-art RF components for 5G/6G communications, commercial, satellite communication (“SATCOM”), space, defense, and military markets. The company has enjoyed the advantage of manufacturing some of the highest performing and most reliable low-noise amplifiers available for players in the SATCOM space. As the race to launch Low Earth Orbit (“LEO”) and Medium Earth Orbit (“MEO”) accelerates, the need for low noise, low power dissipating and highly reliable amplifiers is growing to become essential for organizations preparing to launch satellites in coming cycles. According to Marketwatch, the global SATCOM market will reach $30.6 billion by the end of 2025, growing at a CAGR of 8.3% from 2019 through 2025. “Recent events have proved that the state of the SATCOM industry is at an inflection point for hyper growth,” said AmpliTech CEO Fawad Maqbool. “The journey is just beginning and AmpliTech is fortunate to be in a position to push the envelope on satellite technology adoption.”

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


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