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AMPLITECH GROUP INC. COM - AMPG STOCK NEWS

Welcome to our dedicated page for AMPLITECH GROUP COM news (Ticker: AMPG), a resource for investors and traders seeking the latest updates and insights on AMPLITECH GROUP COM stock.

AmpliTech Group Inc designs, develops, engineers, and assembles micro-wave component-based amplifiers that meet individual customer specifications. The products of the company consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, cryogenic amplifiers, and custom assemblies. The company also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.

AmpliTech serves the aerospace, government, defense, and commercial satellite industries. They sell their products through sales representatives or distributors in North America, Europe, and Asia. Founded in 2002 and based in Bohemia, New York, AmpliTech remains committed to delivering high-performance, custom solutions to meet the ever-evolving needs of global industries.

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AmpliTech Group (NASDAQ: AMPG) released a technical and business opinion highlighting the company's role in the quantum computing revolution. The company's proprietary Low Noise Amplifiers (LNAs) are important for amplifying qubit signals in quantum computers. AmpliTech provides comprehensive solutions including ground station solutions, satellite technology, and 5G networks to support quantum computing infrastructure.

The global quantum computing market is projected to grow at a 30% CAGR, reaching $64 billion by 2030. Major tech companies like Google AI, IBM, Righetti, IonQ, and D-Wave are making significant advances in practical quantum computing applications. The company's 5G Division, expected to become its primary revenue generator, recently secured a five-year supplier agreement with Fujitsu Spain.

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AmpliTech Group (NASDAQ: AMPG) has received another Notice of Allowance from the USPTO for its patent application related to MMIC LNA Designs. The company expects this and other previously announced patent certificates to be issued during Q1 and Q2 of fiscal year 2025.

Upon issuance, AmpliTech will hold three key patents covering: Cryogenic Amplifiers for Quantum Computing, Optimized Front End Modules for 5G radio networks, and MMIC designs using proprietary LNA technology. This development strengthens the company's position in producing systems and components for 5G, Quantum Computing, and Satellite communication industries.

The patent protects proprietary technology that enhances the performance and efficiency of the company's MMIC designs, supporting AmpliTech's strategy to become a key player in these transformative markets both domestically and globally.

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AmpliTech Group (NASDAQ: AMPG) has released a shareholder letter highlighting its achievements and future plans. The company has successfully raised over $20 million to strengthen its balance sheet and reports a 200% return on investment over the past five years. Key focus areas include quantum computing, 5G/6G telecommunications, and satellite communications, with plans to deploy various 5G business initiatives.

The company aims to obtain FCC certifications and licenses for Gigspeed AmpliTech private 5G services in FY2025. Recent partnerships include collaborations with Fujitsu Spain and a Fortune 100 US company. The company expects the 5G sector to surpass all previous generations combined, with industry projections showing quantum computing growing at 30% CAGR and 5G/6G telecommunications exceeding 25% CAGR.

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AmpliTech Group (AMPG) has announced a registered direct offering of 2,173,920 shares of common stock at $4.60 per share, aiming to raise approximately $10.0 million in gross proceeds. The offering, expected to close around December 31, 2024, is being conducted through securities purchase agreements with institutional investors. Maxim Group is serving as the sole placement agent.

The offering is being made pursuant to an effective shelf registration statement on Form S-3, which was declared effective by the SEC on April 24, 2024. The company, which specializes in signal processing components for satellite and 5G/6G communications networks, will use the proceeds after deducting placement agent fees and offering expenses.

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AmpliTech Group (AMPG) has announced a registered direct offering of 1,871,000 shares of common stock at $3.10 per share, expecting to raise approximately $5.8 million in gross proceeds. The company, which specializes in signal processing components for satellite and 5G/6G communications networks, plans to close the offering around December 27, 2024.

Maxim Group is serving as the sole placement agent for this offering, which is being conducted under a shelf registration statement previously declared effective by the SEC. The offering will be made through a prospectus supplement to be filed with the SEC.

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AmpliTech Group (AMPG) has successfully closed two registered direct offerings with aggregate gross proceeds of $5.3 million. The closings occurred on December 13 and December 18, 2024, with individual offerings of $2.2 million and $3.1 million respectively. Maxim Group served as the sole placement agent for both offerings. The securities were issued under a shelf registration statement on Form S-3, which was declared effective by the SEC on April 24, 2024. The company, which specializes in signal processing components for satellite and 5G/6G communications networks, will receive the proceeds before deducting placement agent fees and other offering expenses.

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AmpliTech Group (NASDAQ: AMPG), a designer and manufacturer of signal processing components for satellite and 5G/6G communications networks, has announced a $3.1 million registered direct offering. The company will sell 1,516,680 shares of common stock at $2.10 per share to institutional investors. The offering, expected to close around December 18, 2024, is being conducted through Maxim Group as the sole placement agent. The securities are being offered under a shelf registration statement that was declared effective by the SEC on April 24, 2024.

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AmpliTech Group (AMPG) has successfully delivered prototype high-frequency Ultra Low Noise Amplifiers (ULNAs) to a Fortune 50 satellite systems provider. These amplifiers are designed for Low Earth Orbit (LEO) satellite constellations, offering industry-best noise figure performance in high-frequency bands. The expected demand is in the tens of thousands of units over several years.

The satellite communications industry is projected to launch over 50,000 satellites for LEO and MEO applications in the next decade. AmpliTech's ULNAs are specifically engineered to withstand extreme space conditions, including launch vibrations, radiation exposure, and temperature variations. The technology enables maximized signal integrity, enhanced link availability, and high-speed data transfer capabilities.

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AmpliTech Group (AMPG) has announced a $2.2 million registered direct offering through securities purchase agreements with institutional investors. The company will sell 1,352,500 shares of common stock at $1.60 per share. The offering, managed by Maxim Group as sole placement agent, is expected to close around December 13, 2024.

AmpliTech Group, a designer and manufacturer of signal processing components for satellite and 5G/6G communications networks, will use the proceeds after deducting placement agent fees and offering expenses. The offering is made pursuant to an effective shelf registration statement on Form S-3.

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AmpliTech Group (Nasdaq: AMPG) announces successful development and deployment of proprietary low-noise cryogenic High Electron Mobility Transistor (HEMT) amplifiers for quantum computing. These state-of-the-art amplifiers enable quantum computers to operate at extremely low temperatures of 4 Kelvin (-452°F).

The company has delivered working units of its cryogenic Low-Noise Amplifiers (LNAs) to two Fortune 50 companies, universities, and research institutions in the quantum computing sector. AmpliTech has established itself as the high-performance U.S.-based manufacturer of cryogenic LNAs optimized for quantum computing at 4K temperatures.

The USPTO has issued a Notice of Allowance for AmpliTech's patent application related to their cryogenic solution for Quantum Computing Applications.

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FAQ

What is the current stock price of AMPLITECH GROUP COM (AMPG)?

The current stock price of AMPLITECH GROUP COM (AMPG) is $2.28 as of January 8, 2025.

What is the market cap of AMPLITECH GROUP COM (AMPG)?

The market cap of AMPLITECH GROUP COM (AMPG) is approximately 42.3M.

What does AmpliTech Group Inc specialize in?

AmpliTech Group Inc designs, develops, engineers, and assembles micro-wave component-based amplifiers that meet individual customer specifications.

What are some of the products offered by AmpliTech Group Inc?

The company offers RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, cryogenic amplifiers, and custom assemblies.

Who are the primary customers of AmpliTech Group Inc?

AmpliTech serves the aerospace, government, defense, and commercial satellite industries.

Where is AmpliTech Group Inc headquartered?

AmpliTech Group Inc was founded in 2002 and is based in Bohemia, New York.

How does AmpliTech Group Inc distribute its products?

The products of AmpliTech Group Inc are sold through sales representatives or distributors in North America, Europe, and Asia.
AMPLITECH GROUP INC. COM

Nasdaq:AMPG

AMPG Rankings

AMPG Stock Data

42.26M
16.63M
26.86%
22.13%
0.48%
Communication Equipment
Communications Equipment, Nec
United States of America
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