AmpliTech Group MMIC Design Center (AGMDC) Unveils Initial Low Noise Semiconductor Designs for Production
November 02 2021 - 9:41AM
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, announces its Texas MMIC Design Center
(AGMDC), is now fully operational and its initial designs have been
released for wafer production.
These designs integrate AmpliTech’s
industry-leading low noise figures into more compact packages that
will allow for integration into a larger range of consumer
applications.
This initial round is comprised of new MMIC
products, including LNA amplifiers, filters, and attenuators. This
round is expected to be completed, with preliminary datasheets for
all new products becoming available before the end of Q1 2022. As
previously reported, the company is in process of patenting this
leading MMIC technology, which will be utilized to further advance
their core products and capitalize on their recent entry into the
LNB/LNBF market, allowing customers to offer more consistent,
reliable, and durable communication solutions.
Fawad Maqbool, CEO, commented, “We find that
semiconductors today, do not provide the performance network
providers need, to achieve true 5G data rates in excess of 1 Gb per
second. This initial round of products will enable the company to
offer high-performance MMICs for the wireless 5G cellular, satcom,
and military markets. This achievement further shows our ability to
implement our strategic plan to begin delivering to customers, the
hardware they need to advance network innovations at the rate
today’s demands need them to.” Furthermore, Mr. Maqbool stated,
“these MMICS will be space qualified to meet the challenging
demands of LEO and MEO satellites”.
The Company is targeting major OEMs as well as
system integrators, to substantially expand its addressable market.
As part of a strategic plan of capital deployment, the company
recently announced the moving of its corporate headquarters and
consolidation of two manufacturing facilities into the Hauppauge
Industrial Park in Long Island NY. With increased capacity, product
offerings, operations staff, and testing capabilities, the
company is advancing its goals to support the acceleration of the
build-out of 5G infrastructure, quantum computing and space
exploration. With its strong financial position, record backlog,
and seasoned executive team, AmpliTech Group is proud of its
progress and excited to offer its customers these groundbreaking
products.
About AmpliTech (www.AmpliTechinc.com)
AmpliTech Group, Inc. designs, develops, and
manufactures state-of-the-art radio frequency (RF) components for
global satellite communications, telecom (5G & IoT), space,
defense, and quantum computing markets as well as systems and
component design consulting services. AmpliTech has a 13+ year
track record of developing high performance, custom solutions to
meet the unique needs of some of the largest companies in the
global industries we serve. We are proud of the unique skills,
experience, and dedication of our focused team which enables us to
deliver superior solutions, faster time to market, competitive
pricing, excellent customer satisfaction and repeat business.
Safe Harbor Statement
This release contains statements that constitute
forward-looking statements. These statements appear in several
places in this release and include all statements that are not
statements of historical fact regarding the intent, belief or
current expectations of the Company, its directors or its officers
with respect to, among other things: (i) the Company's ability to
execute its business plan as anticipated; (ii) trends affecting the
Company's financial condition or results of operations; (iii) the
Company's growth strategy and operating strategy. The words "may"
"would" "will" "expect" "estimate" "anticipate" "believe" "intend"
and similar expressions and variations thereof are intended to
identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond the Company's ability to control, and that actual results
may differ materially from those projected in the forward-looking
statements because of various factors. Other risks are identified
and described in more detail in the “Risk Factors” section of the
Company’s filings with the SEC, all of which are available on our
website. We undertake no obligation to update, and we do not have a
policy of updating or revising, these forward-looking statements,
except as required by applicable law.
Corporate Social Media, Investor Social Media
Twitter: @AmpliTechAMPG Twitter: @AMPG_IR
Instagram: @AmpliTechampg StockTwits: @AMPG_IR
Facebook: AmpliTechInc
Company Contact: Shan Sawant, Director of
Communications
AmpliTech Group, Inc. shan@AmpliTech.com 646-546-7128
Investor Contact: David Collins, Investor Relations
Catalyst IR AMPG@catalyst-ir.com 212-924-9800
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