NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ
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Posted On: 09/02/2021 3:59:16 PM
NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Well Positioned to Actively Pursue Emerging Revenue Opportunities, Growth Plans
AmpliTech Group (NASDAQ: AMPG) recently reported it had secured a follow-on order for its low noise amplifier (“LNA”) technology from a long-standing Fortune 500 global defense and aerospace customer. According to Fawad Maqbool, AMPG’s founder and CEO, the order demonstrated that the performance, quality and return on investment of the company’s solutions were continuing to earn repeat businesses from global leaders. “Maqbool also noted that as the economy reopens, the company’s target customers and industries are returning to more normal business and procurement patterns, creating an expanding range of revenue opportunities. Also, with its existing resources, including about $30 million in net cash raised following a recapitalization over the first four months of 2021, the company is well positioned to actively pursue aggressive growth plans and opportunities,” reads a recent article. AMPG was also recently added to the Russell Microcap Index. Maqbool commented: “We expect AmpliTech’s exciting outlook to be supported by the added investment community visibility and awareness provided by our Russell Index Inclusion.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
AmpliTech Group (NASDAQ: AMPG) recently reported it had secured a follow-on order for its low noise amplifier (“LNA”) technology from a long-standing Fortune 500 global defense and aerospace customer. According to Fawad Maqbool, AMPG’s founder and CEO, the order demonstrated that the performance, quality and return on investment of the company’s solutions were continuing to earn repeat businesses from global leaders. “Maqbool also noted that as the economy reopens, the company’s target customers and industries are returning to more normal business and procurement patterns, creating an expanding range of revenue opportunities. Also, with its existing resources, including about $30 million in net cash raised following a recapitalization over the first four months of 2021, the company is well positioned to actively pursue aggressive growth plans and opportunities,” reads a recent article. AMPG was also recently added to the Russell Microcap Index. Maqbool commented: “We expect AmpliTech’s exciting outlook to be supported by the added investment community visibility and awareness provided by our Russell Index Inclusion.”
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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