AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art signal-processing components and semiconductor chips for satellite and 5G communications networks, defense, space, and other commercial applications, today announced plans to open a MMIC chip design center in Texas. According to the update, AmpliTech expects the facility, with a team of highly experienced MMIC design professionals, to be fully operational by year-end 2021. “The formation of the MMIC Design Center illustrates AmpliTech’s continued focus on innovation and technology leadership, as well as our risk and cost-management disciplines,” said Fawad Maqbool, CEO of AmpliTech. “We are building our company to meet the substantial demand we see for best-of-breed, low-noise amplifiers and other technologies across satellite communications, 5G/telecommunications, defense, aerospace, and other markets. Furthermore, we are confident that the capabilities, cost, form factor, flexibility, and scalability of MMIC-based products will be very well received across our end markets.”
To view the full press release, visit https://ibn.fm/HFbim
About AmpliTech Group Inc.
AmpliTech Group designs, develops and manufactures state-of-the-art radio frequency (“RF”) components for global satellite communications, telecom, 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 it serves. The company is proud of the unique skills, experience and dedication of its focused team, which enables AMPG to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. For more information about the company, visit www.AmpliTechInc.com.
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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