AmpliTech Group Inc. (NASDAQ: AMPG) Highlights from First Six Months of 2021
AmpliTech posted $1,024,410 in total revenue for Q2’21, a 55% increase from the same period in 2020 It also announced having paid off $1 million in debt while securing $0.2 million in SBA loan forgiveness The company also purchased $0.4 million worth of scientific equipment to enhance product development and testing The first half of 2021 also saw AmpliTech complete its financial recapitalization and Nasdaq up-listing, thereby realizing a working capital of $29.8 million All these achievements are positioning AmpliTech as the key infrastructure provider that supports 5G, satellite and other radio frequency communications infrastructure globally On August 16, 2021,…