Bohemia, New York--(Newsfile Corp. - November 11, 2020) - AmpliTech Group, Inc. (OTCQB: AMPG) announced today that it has signed Non-disclosure agreements with two companies to enter into discussions and share each other's information for the purpose of advancing development of next generation 5G/6G subsystems for cellular and satellite communications. The companies are MPT Corp. and Orban Microwave. Each company has the expertise and years of experience in the design and development of antennas and subsystems that will be an integral part of the GPS and 5G infrastructure. These subsystems will enable high-speed, high capacity 5G/6G networks that will be installed into infrastructure for retrofitting and improving the connectivity for cellphones, satellites, autonomous vehicles, and many other everyday applications.
AmpliTech Group, Inc.
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CEO, Fawad Maqbool, stated: "We are proud share our information with these exceptional companies, and plan the development of potential new products which should improve everyday quality of life for everyone and should connect the whole world seamlessly and without delay or latency. This is what the 21st century wants and needs and AMPG is uniquely poised and ready for the challenge with its proprietary IP."
About AmpliTech Group, Inc.:
AmpliTech Group, Inc. is an innovative provider of advanced radio frequency technology solutions serving applications from 50 kHz to 100 GHz across a diverse mix of markets. AmpliTech designs, develops, and manufactures custom and standard state-of-the-art RF and microwave and millimeter-wave components and integrated modules for the Domestic and International, SATCOM, Space, wireless infrastructure, test & measurement, and Military markets. In addition to our product offerings we leverage our design and product development expertise and core competencies to provide consulting and manufacturing services to our customers helping them reduce design cycle time and cost, achieve faster time to market, and lower manufacturing costs. Our steady growth over the past 13+ years has been the result of our commitment to not only meet, but to exceed the rigorous performance, quality, and reliability requirements of our diverse mix of customers. Website: http://www.AmpliTechinc.com
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the Company's plans to produce 5G/6G subsystems. The words "may," "would," "will," "should," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
CONTACT: Fawad Maqbool, CEO, AmpliTech Group, Inc. (631) 521-7831
SOURCE: AmpliTech Group, Inc.
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