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AmpliTech Announces Receipt of Notice from Nasdaq Regaining Compliance
Prism Media Wire· 2024-05-30 12:31
Core Viewpoint - AmpliTech Group, Inc. has regained compliance with Nasdaq's periodic filing requirement, indicating a positive trajectory for the company and its operations [1]. Group 1: Company Overview - AmpliTech Group, Inc. designs, develops, manufactures, and distributes advanced radio frequency (RF) microwave components for various markets including satellite communications, telecom (5G & IoT), space, defense, and quantum computing [2]. - The company has a track record of over 13 years in delivering high-performance, custom solutions to major global industries [2]. - In December 2021, AmpliTech acquired the assets and operations of Spectrum Semiconductor Materials Inc., enhancing its capabilities in semiconductor distribution [2]. Group 2: Business Strategy and Future Outlook - The CEO expressed confidence in the company's ability to extend its impact to Fortune 50 companies, focusing on advancements in communications and connectivity [1]. - AmpliTech is committed to developing solutions for critical areas such as True 5G ORAN Radios, AI, Telemedicine, AR/VR, and Fixed Wireless Access (FWA) [1]. - The company is focused on executing its growth strategy, with healthy inventory levels and high business development prospects for its 5G Division [1].
AmpliTech (AMPG) - 2024 Q1 - Quarterly Report
2024-05-28 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-40069 AmpliTech Group, Inc. (Exact name of registrant as specified in its charter) 27-4566352 (I.R.S. Employer Identifi ...
AmpliTech Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
globenewswire.com· 2024-05-24 20:05
HAUPPAUGE, N.Y., May 24, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc.  (Nasdaq: AMPG, AMPGW), announced today that it received a notice of non-compliance from the Nasdaq Stock Market on May 22, 2024 notifying the company that, as a result of its failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2024, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all periodic financial reports with the  ...
Why Is AmpliTech (AMPG) Stock Down 34% Today?
investorplace.com· 2024-05-17 12:20
AmpliTech (NASDAQ:AMPG) stock is falling on Friday after the company provided a late quarterly filing notice to the Securities and Exchange Commission (SEC).AmpliTech says the reason for the late filing concerns its trading of digital currency during the quarter. That includes $3.25 million worth of crypto that it no longer has access to. The company says this is due to it working with a potentially fraudulent custodian that no longer exists.AmpliTech says that it’s working to recover the lost funds but cur ...
3 Tech Stock Trendsetters About to Blow Minds (and Portfolios)
InvestorPlace· 2024-04-22 19:08
There are several chances for astute investors in the tech industry today. These three firms are leading innovators with tremendous growth and value potential in their respective fields. With a healthy pipeline of ideas and extended contract lengths, the first one shows a high demand for its data storage solutions and guarantees predictable revenue.In the meantime, the second one is well-positioned to benefit from the growing demand for high-capacity networks brought on by the quick uptake of 5G technology ...
AMPG Files For Shelf Registration To Replace Expired Identical Shelf Without Dilution, Reinforcing Financial Stability
Newsfilter· 2024-04-16 14:36
Core Viewpoint - AmpliTech Group, Inc. has filed a new shelf registration statement with the SEC to maintain financial flexibility and prepare for potential future capital raises without diluting shareholder value [1][2]. Group 1: Shelf Registration Details - The new shelf registration statement on Form S-3 replaces the previous one that has expired, allowing AmpliTech to register securities for future sale [1][2]. - The company is not currently selling any securities from this registration statement, but it aims to ensure agility in capital markets for future financing needs [1][2]. - The registration process is a proactive measure to access capital markets efficiently when opportunities arise, as stated by the CEO [2]. Group 2: Company Overview - AmpliTech Group designs, develops, and manufactures advanced signal-processing components for satellite, 5G, and other communication networks [4]. - The company has a strong track record of over 13 years in delivering high-performance, custom solutions to major global industries [4]. - In December 2021, AmpliTech acquired Spectrum Semiconductor Materials Inc., enhancing its capabilities in semiconductor distribution [4].
AmpliTech (AMPG) - 2023 Q4 - Annual Report
2024-04-01 13:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Registrant's telephone number, including area code: (631) 521-7831 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-40069 AmpliTech Group, Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | ...
AmpliTech Continues Its New Products Rollout, Featuring The Latest Products In 5G And SATCOM At The MWC Show in Barcelona and Satellite Show in Washington DC
Newsfilter· 2024-01-31 13:30
Core Viewpoint - AmpliTech Group, Inc. is actively participating in major industry events to showcase its latest advancements in 5G technology and satellite communications, emphasizing its commitment to innovation and customer engagement [1][4]. Group 1: Upcoming Events - AmpliTech will exhibit at the Mobile World Congress (MWC) in Barcelona from February 23rd to 29th, 2024, focusing on its MIMO 64T64R CAT B ORAN radio, engaging with over 80,000 participants from the mobile wireless industry [2][4]. - The company will also participate in the Satellite Show in Washington DC from March 19th to 21st, 2024, where it will debut its new Ka Band LNB product and showcase its line of space-grade amplifiers and passive components [2][3]. Group 2: Product Offerings - AmpliTech's product portfolio includes state-of-the-art signal-processing components for various markets, with a focus on 5G, SATCOM, and space technology, covering frequencies from 50 kHz to 44 GHz [3][5]. - The MIMO 64T64R CAT B ORAN radio is designed with proprietary low noise amplifiers, enabling true 5G speeds in Gigabits per second for both downloads and uploads [3]. Group 3: Company Strategy - The CEO of AmpliTech expressed enthusiasm for the company's participation in these events, highlighting the importance of showcasing technological advancements and strengthening relationships within the industry [4]. - The company's strategy focuses on high-demand products and leveraging its exclusive low-noise technology to enhance revenue and overall company value [4].
AmpliTech Group's Division, AmpliTech Inc, Unveils Its New KA LNB Unit, Designed For Superior Performance In LEO, MEO, GEO And KA Band Teleport Applications
Newsfilter· 2024-01-30 13:30
HAUPPAUGE, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, including the design of complete 5G/6G systems, and a global distributor of packages and lids for integrated circuit assembly, today announced its AmpliTech Inc Division's newest product release, a Ka Band LNB (Low-Noise Block Down Converter Unit). Featuring its proprietary AmpliT ...
AmpliTech Group Unveils AGTGSS Flagship Product, A Massive MIMO, 64T64R ORAN, CAT B Radio And Launches New AGTGSS Division Website
Newsfilter· 2024-01-10 14:00
HAUPPAUGE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, including the design of complete 5G/6G systems, and a global distributor of packages and lids for integrated circuit assembly, today announced a significant milestone in its AGTGSS (AmpliTech Group True G Speed Services) Division by proudly unveiling its Massive MIMO, 64T64R ORAN, ...