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InvestorNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Poised to ‘Push the Envelope on Satellite Technology Adoption’
April 28, 2021

InvestorNewsBreaks – 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.”

To view the full press release, visit https://ibn.fm/Xg4Vb

About AmpliTech Group Inc.

AmpliTech Group 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 system design problems. The company’s steady growth over the past 13-plus years is driven based on its ability to provide complex, custom solutions for nearly any requirements. In addition, AmpliTech has the best assemblers, wires and technicians in the industry and can provide contract assembly of customers’ own designs. For more information about the company, visit www.AmpliTechinc.com.

NOTE TO INVESTORS: The latest news and updates relating to AMPG are available in the company’s newsroom at https://ibn.fm/AMPG

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