INVESTOR CONTACT Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today's most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury's products and solutions are deployed in more than 300 programs and across 35 countries, enabling a ...

HAUPPAUGE, N.Y., July 15, 2025 (GLOBE NEWSWIRE) -- 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 announced the critical role its cryogenic Low Noise Amplifiers (LNAs) are playing in enabling the next generation of quan ...

Core Viewpoint - Castellum, Inc. has formed a new subsidiary, Castellum Advanced Technology Products, Inc., and entered into a reseller agreement with AmpliTech Group, Inc. to resell AmpliTech's products to Castellum's clients [1][2]. Group 1: Castellum, Inc. - Castellum, Inc. focuses on cybersecurity, electronic warfare, and software engineering services primarily for the federal government [4]. - The establishment of Castellum Advanced Technology Products, Inc. aims to partner with companies like AmpliTech and develop internal products [2]. Group 2: AmpliTech Group, Inc. - AmpliTech Group, Inc. is a leading designer and manufacturer of RF microwave components and ORAN 5G network solutions, serving markets such as satellite communications, telecommunications, space exploration, defense, and quantum computing [3]. - The partnership with Castellum is expected to enhance AmpliTech's penetration into the government market, leveraging Castellum's C5ISR capabilities [2].

Investment Rating - The report maintains a positive outlook on the semiconductor industry, highlighting reassuring pricing trends and improving inventory levels [2][3]. Core Insights - The semiconductor market is experiencing a continued digestion of MCU inventory, with a 5% month-over-month decline and a 24% decrease compared to the previous month [3][4]. - Pricing across all product categories has remained stable, with an average increase of 1% month-over-month and 13% year-over-year [3][8]. - The report emphasizes the positive trends in pricing and inventory, particularly for companies like TI, Renesas, and Infineon, while also noting improvements for STM and other industrial MCU names [2][4]. Summary by Relevant Sections Inventory Trends - MCU inventory has decreased by 5% month-over-month, following a 4% decline the previous month, indicating a healthy destocking process [3][4]. - Other categories such as Sensors and Diodes also saw inventory reductions of 5% and 4% respectively, while overall inventory trends are generally stable [3][4]. Pricing Trends - Pricing for MCUs remained flat month-over-month and year-over-year, while transistors saw a 2% increase month-over-month and a 17% increase year-over-year [4][14]. - Capacitors, Diodes, and Sensors experienced price increases of 2-3%, contributing to an overall stable pricing environment [4][14]. Company Observations - Infineon and STM showed varied pricing trends, with Infineon down 4% and STM up 4% in June compared to May, reflecting a mix-driven pricing environment [5][8]. - The report indicates that inventory levels are stable, with significant destocking in MCUs, previously driven by MCHP and now also by STM [5][11].

Core Insights - MACOM Technology Solutions Inc. has announced new additions to its RF and optical portfolio aimed at the SATCOM industry, including high bandwidth optical transmitters and RF over Fiber modules [1] - The company will showcase these solutions at the International Microwave Symposium (IMS) in San Francisco from June 17 to 19, 2025 [1] RF Amplifiers - New C-Band and X-Band Power Amplifiers (PAs) have been introduced, targeting commercial SATCOM and defense applications, with C-Band PAs operating from 5.85 – 6.75 GHz and X-Band PAs from 7.7 – 8.5 GHz, both achieving output power levels of 60 W and 130 W [2] - The C-Band PAs utilize MACOM's GaN-on-SiC production process for high linear power and efficiency [2] Ku-Band - The CMPA1E1F060 Ku-Band GaN-on-SiC SATCOM MMIC offers 60 W continuous wave saturated output power and a power added efficiency (PAE) of 35%, available in various package options [3] Ka-Band - The CMPA2H3B025D GaN High Power PA operates from 27 – 31 GHz, achieving up to 25 W of typical saturated output power and over 25% PAE, targeting both commercial and defense SATCOM applications [4] RFoF Modules - The Th-Mod MATT-60M1 transmitter and receiver modules provide up to 70 GHz bandwidth, suitable for antenna remoting and RFoF applications, offering low noise and high linearity [5] - The Open VPX RFoF solution includes MAVT-50C1 modules that provide up to 50 GHz of bandwidth over single mode fiber, designed for various RFoF applications [6] Company Overview - MACOM designs and manufactures high-performance semiconductor products for Telecommunications, Industrial and Defense, and Data Center industries, serving over 6,000 customers annually [8] - The company has achieved multiple certifications, including IATF16949, AS9100D, ISO9001, and ISO14001, and operates facilities across the United States, Europe, and Asia [8]

LOWELL, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, announced a new suite of high performance RF solutions designed to meet the demanding requirements of advanced radar systems. Many of these solutions will be demonstrated in MACOM’s Booth 943 at the upcoming International Microwave Symposium (IMS) on June 17 to 19, 2025 in San Francisco, CA. S-Band (2 – 4 GHz): High Power GaN-on-SiC AmplifiersA new family of 65 V, 50-ohm ...

Core Insights - IPG Photonics Corporation has appointed Mira Sahney as Senior Vice President of Global Laser Systems, indicating a strategic move to enhance leadership in laser technology [1][3] Company Overview - IPG Photonics is recognized as a global leader in high-performance fiber lasers and laser systems, focusing on innovative solutions that improve productivity and reduce costs for end users [5] - The company is headquartered in Marlborough, Massachusetts, and operates over 30 facilities worldwide [5] Leadership Experience - Mira Sahney brings over 20 years of leadership experience across various sectors, including industrial, medical, and high-tech markets [2] - Her previous roles include President of the Pelvic Health Operating Unit at Medtronic and CEO of Hyalex Orthopaedics, showcasing her extensive background in managing complex organizations [2] Strategic Focus - In her new role, Sahney will oversee IPG's global laser systems organization, focusing on strategy, operations, and innovation across key system platforms [3] - The company aims to expand its solution-based capabilities in strategic areas such as welding, cleaning, micromachining, and medical applications [3][4] Vision and Goals - Sahney expressed enthusiasm about leading the global systems teams to enhance capabilities and deliver technologies that provide value to customers [4] - The company aims to leverage its legacy in laser innovation to develop complete, system-level solutions that push the boundaries of technology [4]

MARLBOROUGH, Mass., May 22, 2025 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the global leader in high-performance fiber lasers and laser systems, announced the appointment of Mira Sahney as Senior Vice President, Global Laser Systems. Mira Sahney brings more than 20 years of leadership experience across industrial, medical, and high-tech markets. From 2021 to 2024, she served as President of the Pelvic Health Operating Unit at Medtronic. Prior to that, she was President and Chief Executiv ...

Core Viewpoint - American Tower (AMT) has experienced an 11.8% increase in share price over the past three months, contrasting with a 0.4% decline in the industry, driven by strong demand for its communication real estate portfolio due to rising wireless penetration and 5G deployment efforts [1][4]. Company Overview - American Tower owns a geographically diversified communication real estate portfolio, which positions it well to capture increasing demand from wireless carriers [1][4]. - The company benefits from long-term leases with tenants, ensuring stable cash flows and supporting its growth initiatives [2][5]. Financial Performance - In the first quarter of 2025, AMT reported adjusted funds from operations (AFFO) of $2.75 per share, surpassing the Zacks Consensus Estimate of $2.60, reflecting a year-over-year revenue increase [3]. - The company recorded organic tenant billings growth of 4.7% and total tenant billings growth of 5.2% in the same quarter, indicating robust demand for its services [6]. Market Position and Growth Drivers - The advancement of mobile technology and the increase in mobile data usage globally are driving growth in the wireless industry, leading to additional equipment deployment by service providers [4]. - American Tower's portfolio includes nearly 149,000 communication sites worldwide, enhancing its ability to meet incremental demand [4]. Financial Stability - As of March 31, 2025, American Tower had a net leverage ratio of 5.0 and total liquidity of $11.7 billion, providing financial flexibility for its operations [8]. - The company holds investment-grade credit ratings of BBB and Baa3, allowing it to borrow at favorable rates [8]. Dividend Strategy - American Tower has a disciplined capital distribution strategy, having increased its dividend 15 times with an annualized growth rate of 9.07% over the past five years, indicating a commitment to enhancing shareholder value [9]. Analyst Outlook - Analysts are optimistic about American Tower, with the Zacks Consensus Estimate for its 2025 AFFO revised upward by 1.1% to $10.14 over the past month, reflecting positive sentiment in the market [10].

Core Viewpoint - Cirrus Logic's stock price has increased by 23% recently due to favorable tariff developments for its largest customer, Apple, which accounts for 89% of its revenue [1][2][3] Group 1: Company Performance - Cirrus Logic's revenue for fiscal 2025 grew by 6% year over year, while adjusted earnings increased by 14% to $7.54 per share [6] - Despite a slight decline in Apple's iPhone shipments in 2024, Cirrus Logic managed to gain more business from Apple, including supplying power management modules [7][8] - In Q1 of the current year, Apple's smartphone shipments rose by 10% year over year, significantly outpacing the overall smartphone market growth of 1.5% [9] Group 2: Future Growth Potential - The sales of AI-capable smartphones and PCs are projected to grow at a compound annual growth rate of nearly 35% through 2029, indicating a positive outlook for Cirrus Logic [9][11] - Cirrus Logic's sales in Q4 of fiscal 2025 increased by 14% year over year, with earnings growing at a stronger pace of 34% [10] Group 3: Valuation and Investment Opportunity - Cirrus Logic is currently trading at less than 18 times trailing earnings, making it an attractive investment given its recent earnings growth [12] - If Cirrus achieves expected earnings next fiscal year and trades at 29 times earnings, its stock price could potentially reach $221, more than double its current price [14]