Core Insights - The quantum computing industry is on the verge of practical applications, with significant advancements from companies like Google AI, IBM, and others, leading to exponential growth in adoption projected from 2025 to 2030 [1][2] Group 1: Quantum Computing Advancements - Quantum computers are expected to revolutionize AI by solving previously unsolvable problems, with applications in sectors like aerospace and cybersecurity [2][7] - Companies like Boeing are exploring quantum-powered IoT modules to enhance safety and reliability in aviation [2] Group 2: AmpliTech's Role in Quantum Computing - AmpliTech Group, Inc. plays a crucial role in quantum computing through its proprietary Low Noise Amplifiers (LNAs), which are essential for amplifying qubit signals [4][8] - The company is strategically positioned to support the infrastructure needed for quantum cloud computing, which requires high-speed data transfer capabilities [5][8] Group 3: Market Growth and Projections - The global quantum computing market is forecasted to grow at a compound annual growth rate (CAGR) of 30%, reaching an estimated $64 billion by 2030, driven by increased business adoption [5][15] - Key sectors benefiting from quantum technology include aerospace, finance, healthcare, and logistics, particularly in AI and machine learning applications [7] Group 4: AmpliTech's Diversification and Growth Strategy - AmpliTech Group is diversified across five divisions, with its 5G Division identified as a key growth driver, offering innovative products that deliver 'True 5G Speeds' [10][11] - The company has secured a five-year supplier agreement with Fujitsu Spain, indicating strong business development results [11]

AmpliTech Group Announces Receipt of Notice of Allowance for Another Patent For Its LNA Technology Hauppauge, NY, January 6, 2025 – PRISM MediaWire – 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 is pleased to announc ...

HAUPPAUGE, N.Y., Jan. 06, 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 is pleased to announce that the United States Patent and Trademark Office (USPTO) has issued another Notice of Allowance ...

Company Overview - AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency (RF) microwave components and 5G network solutions, serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing [6]. Offering Details - The company has entered into securities purchase agreements with institutional investors to purchase 2,173,920 shares of common stock at an offering price of $4.60 per share in a registered direct offering [7]. - The gross proceeds from the offering are estimated to be approximately $10.0 million before deducting placement agent fees and other estimated offering expenses, with the offering expected to close on or about December 31, 2024, subject to customary closing conditions [5]. Regulatory Information - The securities are being offered pursuant to a shelf registration statement on Form S-3, which was declared effective by the U.S. Securities and Exchange Commission on April 24, 2024 [1]. - A prospectus supplement relating to the securities offered in the registered direct offering will be filed by the company with the SEC [8].

AmpliTech Group Announces Pricing of $10.0 Million Registered Direct Offering HAUPPAUGE, N.Y., Dec. 30, 2024 – PRISM MediaWire – AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the “Company”), 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 that it has ente ...

HAUPPAUGE, N.Y., Dec. 26, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the “Company”), 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 that it has entered into one or more securities purchase agreements with certain institutional ...

AmpliTech Group Announces Closing of $2.2 Million and $3.1 Million Registered Direct Offerings HAUPPAUGE, N.Y., Dec. 20, 2024 – AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the “Company”), 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 it has closed on ...

HAUPPAUGE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the “Company”), 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 it has closed on its previously announced registered direct offerings, which closings occurred ...

Group 1 - AmpliTech Group, Inc. has entered into securities purchase agreements with institutional investors to sell 1,516,680 shares of common stock at an offering price of $2.10 per share, totaling approximately $3.1 million in gross proceeds [1][2] - The offering is expected to close on or about December 18, 2024, subject to customary closing conditions [2] - Maxim Group LLC is acting as the sole placement agent for this offering, which is conducted under a shelf registration statement declared effective by the SEC [3] Group 2 - AmpliTech Group is a leading designer, developer, manufacturer, and distributor of advanced radio frequency microwave components and 5G network solutions, serving various global markets including satellite communications and telecommunications [5]

AmpliTech Group Announces Pricing of $3.1 Million Registered Direct Offering HAUPPAUGE, N.Y., Dec. 17, 2024 – PRISM MediaWire – AmpliTech Group, Inc. (NASDAQ: AMPG, AMPGW) (the “Company”), 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 that it has enter ...