AmpliTech Group (NASDAQ: AMPG, AMPGW), a designer, developer, and manufacturer of custom and standard state-of-the-art RF components for various markets, this morning reported that has achieved a record backlog for the company by accumulating a total of $2.2 million at the end of the first quarter of this fiscal year. Per the update, the company is strengthening its resources and management team in accordance with the recently detailed plan provided in its S-1 filing. “We are pleased to see the backlog build to this level by the end of the first quarter. This portends the increase in demand and revenues for upcoming quarters,” AmpliTech Group CEO Fawad Maqbool stated in the news release.
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About AmpliTech Group, Inc.
AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space, Defense and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz – eventually, offering designs up to 100 GHz. AmpliTech also provides consulting services to help with any microwave components or systems design problems. The company’s steady growth over the past 13+ years has come about because it can provide complex, custom solutions for nearly ANY custom requirements that are presented to it. In addition, the company believes it has the best assemblers, wires, and technicians in the industry and can provide contract assembly of customers’ own designs. For more information, visit the company’s website at www.AmpliTechinc.com.
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