BOHEMIA, NY, October 28, 2020 – – AmpliTech Group, Inc. (OTCQB: AMPG) announced today that its recent patent filings relating to low noise cryogenic 5G/6G compatible amplifiers in chip form uniquely position the company for market leadership in the 5G arena.
The parts covered by the patents will be used in the development of subsystems for satellite, wireless, and 5G infrastructures, as well as advanced military and commercial markets and will be a core component in towers and cell sites. This proprietary technology was previously not available in chip form for cryogenic applications. The 2 patents filed for MMICs (chips) and cryogenic amplifiers will allow AMPG to enter the market for large volume applications such as cell phones, laptops, IoT devices, 5G small cells, and all types of wireless networks.
The new products offer a significant advantage in signal clarity and performance that results in higher speed data, fewer dead zones and dropped calls, increased range and coverage, as well as reduced cost of deployment of 5G infrastructure. The new products will be slated for production by middle of next year. Fawad Maqbool, CEO stated: “Our unique and proprietary 5G compatible technology will be available to enhance and promote faster, cost-effective deployment of the 5G, Wi-fi 6e, and 5G NR networks worldwide. We are positioned well to take the lead in this rapidly growing market due to our unique and unparalleled low noise amplifier performance.”
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; and (iii) the Company’s growth strategy and operating strategy. The words “may,” “would,” “will,” “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, including the risk factors and cautionary statements in the Company’s reports filed with the Securities and Exchange Commission. Except as required by law, the Company undertakes no obligation to revise any forward-looking statements following the date of this release.
CONTACT: Jatin V Mehta, AmpliTech Group, Inc. (631) 521-7831
SOURCE: AmpliTech Group, Inc.