QualityStocksNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Announces LNA Follow-On Order from Fortune 500 Global Defense Customer
AmpliTech Group (NASDAQ: AMPG) has secured a follow-on order for its low noise amplifier (“LNA”) technology. The order is from a Fortune 500 global defense and aerospace customer, and the products should ship in the third quarter of this year. AMPG is a designer, developer and manufacturer of state-of-the-art, signal-processing components for satellite and 5G communications networks. In the announcement, AmpliTech noted that its continued business progress in the past few months should enable favorable sequential and year-over-year revenue comparisons for the quarter ending June 30, 2021. With the economy reopening in the wake of COVID-19, the company anticipates its…