Monolithic Microwave Integrated Circuits

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AmpliTech Group Division AmpliTech Inc. Receives Division Record Purchase Orders of $2 Million From Fortune 500 Company
Globenewswireยท 2025-04-28 12:30
Core Insights - AmpliTech Group, Inc. has achieved a record backlog of $19.8 million, all deliverable in Fiscal Year 2025, following a significant $2 million purchase order for Low Noise Amplifiers from a U.S. Fortune 500 company [1][2][3] Company Performance - The recent $2 million orders represent the highest value purchase order in the company's history and mark the most prolific four-month order period, contributing to a total backlog nearing $20 million [2][3] - The CEO highlighted that the strong growth momentum and record backlog validate the company's proprietary technology and strategic focus on delivering high-performance solutions [3] Product Development - AmpliTech Group is expanding its product portfolio to include next-generation Low Noise Amplifiers (LNAs), Low-Noise Block Downconverters (LNBs), Monolithic Microwave Integrated Circuits (MMICs), and ORAN 5G systems, which are becoming key to sales success [3] - The company emphasizes its commitment to innovation and advanced product development as part of its five-year growth plan [3] Market Position - AmpliTech Group serves various global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, positioning itself as a leader in advanced signal processing components [4]