AmpliTech (US:AMPG) Globenewswire·2025-04-07 14:00Core Insights - AmpliTech Group, Inc. reaffirms its commitment to American manufacturing, producing nearly all products domestically, which helps it remain insulated from global tariffs and trade disputes, positioning the company favorably in expanding markets [1][3] Company Overview - AmpliTech operates from Hauppauge Innovation Park in Long Island, NY, leveraging a robust network of innovation and skilled labor, making it the only U.S.-based manufacturer of specialized technologies such as Lowest Noise Figure Block Downconverters (LNBs) [2][4] - The company designs, develops, manufactures, and distributes advanced radio frequency (RF) microwave components for various markets, including satellite communications, telecom, space, defense, and quantum computing [4][6] Market Opportunities - The global satellite ground station market was valued at $53.8 billion in 2024 and is projected to grow at a CAGR of 12.8% from 2025 to 2034, driven by increased demand for satellite-based broadcasting services [2] - The global massive MIMO market was valued at $4.8 billion in 2024 and is anticipated to grow at a CAGR of 37.9% between 2025 and 2034, fueled by the rapid expansion of 5G infrastructure and IoT deployments [5] - The global private 5G network market size was estimated at $2 billion in 2023 and is expected to grow at a CAGR of 54.1% from 2024 to 2030, reflecting increasing demand for secure, high-performance connectivity solutions [5] - The cryogenic low noise amplifier market size was valued at $20.46 billion in 2023 and is projected to reach $42.83 billion by 2031, growing at a CAGR of 11.25%, driven by advancements in quantum computing and space exploration [5]