AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art components and semiconductor chips for satellite and 5G communications networks, defense, space, and other commercial applications, today announced that it has joined the Russell Microcap(R) Index. The addition is in conjunction with the index’s annual reconstitution, which took effect after the market’s close on June 25, 2021. “Inclusion in the Russell Microcap Index is a testament to the progress we have made positioning AmpliTech to participate in the build-out of satellite networks, 5G communications and other next-generation networks,” said AMPG CEO Fawad Maqbool. “These systems will provide enhanced data and bandwidth capabilities essential for supporting rapid growth in connected devices, entertainment and gaming content distribution, video conferencing, internet of things (‘IoT’) applications, autonomous-vehicle communications, quantum computing, space exploration and other bandwidth-intensive applications.”
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About AmpliTech Group Inc.
AmpliTech Group designs, develops and manufactures state-of-the-art radio frequency (“RF”) components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as provides systems and component design consulting services. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries it serves. The company is proud of the unique skills, experience and dedication of its focused team, which enables AmpliTech to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. For more information about the company, visit www.AmpliTechinc.com.
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