AmpliTech Group Announces Receipt of Notice of Allowance for Patents in 5G and Cryogenic Technology For Quantum Computing Applications
October 07 2024 - 8:30AM
AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer,
and manufacturer of state-of-the-art signal processing components
for satellite, Public and Private 5G, and other communications
networks, including the design of complete 5G/6G systems and a
global distributor of packages and lids for integrated circuits
assembly, today is pleased to announce that the United States
Patent and Trademark Office (USPTO) has issued a Notice of
Allowance for AmpliTech Group’s patent application related to their
5G Technology, based on its proprietary low noise technology and a
patent for its cryogenic solution for Quantum Computing
Applications. The formal patent certificates will be issued within
the next 30 – 45 days.
These patents, protect AmpliTech's proprietary technology that
enhances the performance and efficiency on both of these very
pivotal business segments for the company. The Quantum Computing
and 5G technologies are critical parts in the company’s growth
strategy. These patents also validate their innovative approach as
a key player in the rapidly growing field of the 5G industry as
well as the quantum computing industry. This technology is expected
to revolutionize numerous industries, including telecommunications,
data analysis, and artificial intelligence.
Mr. Fawad Maqbool, CEO/CTO of AmpliTech Group stated: "We're
very proud to report this milestone achievement to protect our
technology. Our commitment to innovation and cutting-edge
technology in the realm of quantum computing and 5G applications is
a testament to our team's expertise and vision. We believe this
technology will pave the way for new opportunities in both the
quantum computing space and the broader 5G telecommunications
market."
AmpliTech is dedicated to advancing its product offerings and
expanding its intellectual property portfolio to support its
mission of delivering high-performance solutions that meet the
evolving needs of its customers. The company plans to further
develop this technology to ensure it remains at the forefront of
innovation in 5G and quantum computing.
For more information about AmpliTech Group, please visit
www.amplitechgroup.com.
About AmpliTech GroupAmpliTech Group, Inc.,
comprising five divisions—AmpliTech Inc., Specialty Microwave,
Spectrum Semiconductors Materials, AmpliTech Group Microwave Design
Center, and AmpliTech Group True G Speed Services—is a leading
designer, developer, manufacturer, and distributor of cutting-edge
radio frequency (RF) microwave components and 5G network solutions.
Serving global markets including satellite communications,
telecommunications (5G & IoT), space exploration, defense, and
quantum computing, AmpliTech Group is committed to advancing
technology and innovation. For more information, please visit
www.amplitechgroup.com.
Safe Harbor StatementThis 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, that
this company’s receipt of patents will lead to immediate or near
future orders and to further penetrate Quantum Computing and Public
and Private 5G markets. 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, 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.
Contacts:
Corporate Social Media
Twitter: @AmpliTechAMPGInstagram: @AmpliTechAMPGFacebook: AmpliTechInc LinkedIn: AmpliTech
Group Inc
Investor Social Media
Twitter: @AMPG_IRStockTwits: @AMPG_IR
Company Contact:
Jorge FloresTel: 631-521-7831Investors@amplitechgroup.com
Amplitech (NASDAQ:AMPG)
Historical Stock Chart
From Oct 2024 to Nov 2024
Amplitech (NASDAQ:AMPG)
Historical Stock Chart
From Nov 2023 to Nov 2024