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Amplitech Group Inc AMPG

AmpliTech Group, Inc. is engaged in designing, engineering, and assembling micro-wave component-based amplifiers. Its divisions include Specialty Microwave, Spectrum Semiconductor Materials, AmpliTech Group MMIC Design Center (AGMDC) and AmpliTech Group True G Speed Services (AGTGSS). Its products consist of radio frequency (RF) amplifiers and related subsystems, operating at multiple frequencies from 50 kilohertz (kHz) to 44 gigahertz (GHz), and custom assembly designs for the global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets. Its Specialty Microwave division designs and manufactures satellite communication (SATCOM) microwave components, RF subsystems and specialized electronic assemblies for the military and commercial markets and more. AGMDC designs, develops and manufactures signal processing components for satellites. AGTGSS division provides managed services, cybersecurity, cloud services, data sciences and telco cloud services.


NDAQ:AMPG - Post by User

Post by Iseneschalon Oct 29, 2021 9:09am
119 Views
Post# 34062464

AMPG ... Hey guess what? Another NR this a.m......

AMPG ... Hey guess what? Another NR this a.m......Let me remind you....Thats back to back NR's on consecutive days ; )

AmpliTech to Expand Manufacturing Capacity and Enhance Operating Efficiency by Relocating to New 20K Square-Foot Headquarters Facility on Long Island

2021-10-29 06:00 ET - News Release

Bohemia, NY and Hauppauge, Long Island, NY, Oct. 29, 2021 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite and 5G communications networks, defense, space, and other commercial applications, today announced plans to relocate its existing manufacturing locations and headquarters into a new, expanded 20,000 square-foot facility on Long Island. AmpliTech has leased the facility, located at 155 Plant Avenue, Hauppauge, NY, for an initial 7-year term.

The new facility substantially expands AmpliTech’s existing 13,100 square foot footprint and combines, for the first time, the Company’s design, engineering and sales and marketing teams under one roof, enabling greater collaboration, operational efficiency along with significant room for growth. This new facility will incorporate a state-of-the-art enhanced class 10K clean room to support production of the Company’s space-grade products. AmpliTech expects to be fully operational at the new manufacturing and headquarters facility in the first quarter of 2022.


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