AmpliTech Group’s (NASDAQ: AMPG) Demand Backlog Increases; Company Stands at the Forefront of Emerging Technologies
Apr 7, 2021
- AmpliTech Group, Inc. receives over $500,000 of orders from a major defense contractor and a leading satellite broadcaster
- AMPG subsidiary, Specialty Microwave, received a $190,000 order from a leading broadcaster
- AMPG also received a $366,000 order from a major defense contractor for the METIS Program
- With increased demand, Amplitech’s backlog has now reached a record $2.2 million
AmpliTech Group (NASDAQ: AMPG, AMPGW), the provider of industry-leading SATCOM Low Noise Amplifier Solutions for the past 18 years, designs and develops top-quality microwave amplifiers using its experience, technical expertise, and superior design knowledge. AmpliTech announced that the company has received orders worth $500,000 from a major Fortune 100 defense contractor and a major satellite and cable TV broadcaster.
The company’s subsidiary, Specialty Microwave, acquired in 2019, is a satellite communications (SATCOM) products company. They received a $190,000 order from a leading broadcaster that will use Specialty Microwave’s unique equipment to process satellite ground station signals behind the antennas. Further, AMPG also…
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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