QualityStocksNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Announces Details about Capital Raise, Strategic Plan
AmpliTech Group (NASDAQ: AMPG, AMPGW), a designer, developer and manufacturer of custom and standard state-of-the-art RF (“RF”) components for commercial, SATCOM, space, defense and military markets, has provided an update on its fundraising efforts and allocation of funds. Since uplisting to the Nasdaq in February 2021, the company has raised more than $30 million, an indication of the investment community’s interest in the company strategic growth plan. In the announcement, the company noted that it plans to use the funds to support organic growth by sales force expansion and boost business development and marketing efforts. The company is also looking…