NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ
Post# of 140
AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art signal-processing components and semiconductor chips for satellite and 5G communications networks, defense, space, and other commercial applications, today announced plans to open a MMIC chip design center in Texas. According to the update, AmpliTech expects the facility, with a team of highly experienced MMIC design professionals, to be fully operational by year-end 2021. “The formation of the MMIC Design Center illustrates AmpliTech’s continued focus on innovation and technology leadership, as well as our risk and cost-management disciplines,” said Fawad Maqbool, CEO of AmpliTech. “We are building our company to meet the substantial demand we see for best-of-breed, low-noise amplifiers and other technologies across satellite communications, 5G/telecommunications, defense, aerospace, and other markets. Furthermore, we are confident that the capabilities, cost, form factor, flexibility, and scalability of MMIC-based products will be very well received across our end markets.”
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