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AmpliTech Group's Division, AmpliTech Inc, Unveils Quantum Computing Cryogenic Power Supplies

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AmpliTech Group, Inc. (Nasdaq: AMPG) has unveiled new Cryogenic Power Supplies through its AmpliTech Inc. division, specifically designed for the quantum computing industry. These power supplies are available in two models with adjustable low-voltage outputs (two-channel and three-channel) and are suitable for reliability testing, laboratory instrument testing, and cryogenic amplifier testing.

CEO/CTO Fawad Maqbool emphasized that these products complement their existing line of cryogenic low noise amplifiers used in quantum computing. The new power supplies are immediately available for purchase individually or as a set with AmpliTech's cryogenic amplifiers through their newly launched online store at https://shop.amplitechinc.com/.

AmpliTech Group, Inc. (Nasdaq: AMPG) ha presentato nuove alimentazioni criogeniche tramite la sua divisione AmpliTech Inc., specificamente progettate per l'industria del calcolo quantistico. Queste alimentazioni sono disponibili in due modelli con uscite a bassa tensione regolabili (due canali e tre canali) e sono adatte per test di affidabilità, test di strumenti di laboratorio e test di amplificatori criogenici.

Il CEO/CTO Fawad Maqbool ha sottolineato che questi prodotti completano la loro attuale linea di amplificatori a bassa rumorosità criogenici utilizzati nel calcolo quantistico. Le nuove alimentazioni sono immediatamente disponibili per l'acquisto singolarmente o come set con gli amplificatori criogenici di AmpliTech attraverso il loro nuovo negozio online all'indirizzo https://shop.amplitechinc.com/.

AmpliTech Group, Inc. (Nasdaq: AMPG) ha presentado nuevas fuentes de alimentación criogénicas a través de su división AmpliTech Inc., diseñadas específicamente para la industria de la computación cuántica. Estas fuentes de alimentación están disponibles en dos modelos con salidas de bajo voltaje ajustables (de dos y tres canales) y son adecuadas para pruebas de confiabilidad, pruebas de instrumentos de laboratorio y pruebas de amplificadores criogénicos.

El CEO/CTO Fawad Maqbool enfatizó que estos productos complementan su línea existente de amplificadores criogénicos de bajo ruido utilizados en la computación cuántica. Las nuevas fuentes de alimentación están disponibles para compra inmediata individualmente o como un conjunto con los amplificadores criogénicos de AmpliTech a través de su nueva tienda en línea en https://shop.amplitechinc.com/.

암플리텍 그룹, Inc. (Nasdaq: AMPG)는 암플리텍 Inc. 부문을 통해 양자 컴퓨팅 산업을 위해 특별히 설계된 새로운 극저온 전원 공급 장치를 발표했습니다. 이 전원 공급 장치는 조정 가능한 저전압 출력이 있는 두 가지 모델(2채널 및 3채널)로 제공되며, 신뢰성 시험, 실험실 기기 시험 및 극저온 증폭기 시험에 적합합니다.

CEO/CTO 파우드 마크부르(Fawad Maqbool)는 이러한 제품들이 양자 컴퓨팅에 사용되는 기존의 극저온 저소음 증폭기 라인을 보완한다고 강조했습니다. 새로운 전원 공급 장치는 즉시 구매 가능하며, 암플리텍의 극저온 증폭기와 함께 세트로 구입할 수도 있으며, 새로운 온라인 스토어인 https://shop.amplitechinc.com/를 통해 구입할 수 있습니다.

AmpliTech Group, Inc. (Nasdaq: AMPG) a dévoilé de nouvelles alimentations cryogéniques par le biais de sa division AmpliTech Inc., spécifiquement conçues pour l'industrie de l'informatique quantique. Ces alimentations sont disponibles en deux modèles avec des sorties basse tension réglables (deux canaux et trois canaux) et conviennent aux tests de fiabilité, aux tests d'instruments de laboratoire et aux tests d'amplificateurs cryogéniques.

Le PDG/CTO Fawad Maqbool a souligné que ces produits complètent leur gamme existante d'amplificateurs cryogéniques à faible bruit utilisés dans l'informatique quantique. Les nouvelles alimentations sont immédiatement disponibles à l'achat individuellement ou en ensemble avec les amplificateurs cryogéniques d'AmpliTech via leur nouvelle boutique en ligne à l'adresse https://shop.amplitechinc.com/.

AmpliTech Group, Inc. (Nasdaq: AMPG) hat über seine Division AmpliTech Inc. neue kryogene Stromversorgungen vorgestellt, die spezifisch für die Quantencomputing-Industrie entwickelt wurden. Diese Stromversorgungen sind in zwei Modellen mit einstellbaren Niederspannungsausgängen (zwei Kanäle und drei Kanäle) erhältlich und eignen sich für Zuverlässigkeitstests, Labormessgeräte-Tests und kryogene Verstärker-Tests.

CEO/CTO Fawad Maqbool betonte, dass diese Produkte ihre bestehende Reihe von kryogenen Niederrauschverstärkern ergänzen, die im Quantencomputing eingesetzt werden. Die neuen Stromversorgungen sind sofort verfügbar für den Einzelkauf oder als Set mit den kryogenen Verstärkern von AmpliTech über ihren neu gestarteten Online-Shop unter https://shop.amplitechinc.com/.

Positive
  • Launch of new Cryogenic Power Supplies for the quantum computing industry
  • Immediate availability of new products for sale through online store
  • Expansion of product line complementing existing cryogenic low noise amplifiers
Negative
  • None.

Insights

AmpliTech Group's unveiling of Quantum Computing Cryogenic Power Supplies marks a significant step in the quantum computing hardware sector. These power supplies, designed for reliability testing and cryogenic amplifier testing, address a important need in the quantum computing industry. The introduction of two models with adjustable low-voltage outputs demonstrates AmpliTech's commitment to providing versatile solutions for this emerging field.

From a technical standpoint, cryogenic power supplies are essential components in quantum computing systems, which often require extremely low temperatures to maintain quantum states. The ability to provide stable, low-voltage power in these extreme conditions is critical for the performance and reliability of quantum processors. AmpliTech's new products, complementing their existing line of cryogenic low noise amplifiers, position the company as a more comprehensive supplier in the quantum computing hardware ecosystem.

However, it's important to note that while this product launch is promising, its immediate impact on AmpliTech's financials may be The quantum computing market, while growing, is still in its early stages and primarily driven by research and development activities. The commercial viability and widespread adoption of quantum computing technologies remain uncertain in the short term.

Investors should view this development as a strategic positioning move by AmpliTech, potentially setting the stage for future growth as the quantum computing industry matures. The company's ability to capitalize on this opportunity will depend on factors such as the performance of these new products, customer adoption rates and the overall progression of the quantum computing field.

AmpliTech Group's entry into the quantum computing hardware market with its new Cryogenic Power Supplies represents a strategic diversification of its product portfolio. This move aligns with the company's focus on advanced signal processing components and positions it to tap into the burgeoning quantum computing sector.

The global quantum computing market is projected to grow at a 25.40% CAGR from $486.1 million in 2021 to $3,180.9 million by 2028, according to Fortune Business Insights. AmpliTech's timely entry into this space could potentially capture a slice of this growing market.

However, it's important to consider the competitive landscape. Tech giants like IBM, Google and Microsoft, as well as specialized companies like D-Wave Systems, are already established players in the quantum computing hardware space. AmpliTech will need to demonstrate clear technological advantages or cost benefits to carve out a significant market share.

The launch of an online store for these products is a positive step, potentially streamlining sales processes and improving accessibility for customers. This direct-to-consumer approach could help AmpliTech build stronger relationships with its client base and potentially improve profit margins.

While this product launch is promising, investors should be cautious about its short-term impact on AmpliTech's financials. The quantum computing market is still in its nascent stages and it may take time for significant revenue generation from these new products. The success of this venture will largely depend on AmpliTech's ability to establish itself as a reliable supplier in this highly specialized and competitive field.

HAUPPAUGE, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, 5G, and other communications networks, as well as a global distributor of integrated circuit assembly packages and lids, has announced the latest product releases from its AmpliTech Inc. division. The new Cryogenic Power Supplies are specifically designed for the quantum computing industry. Available in two models with adjustable low-voltage outputs (two-channel and three-channel), these ergonomic bench-top power supplies are ideal for reliability testing, laboratory instrument testing, and cryogenic amplifier testing. They are now available for purchase individually or as a set with AmpliTech's line of cryogenic amplifiers.

"We are excited to announce the launch of additional products to the market," said Fawad Maqbool, CEO/CTO of AmpliTech Group. "These cutting-edge cryogenic power supplies perfectly complement our existing line of cryogenic low noise amplifiers used in quantum computing. This release highlights our ongoing commitment to advancing state-of-the-art solutions for critical industries as part of our growth strategy." Furthermore, Mr. Fawad stated, “These new products are immediately available for sale at our newly released On-line Store at https://shop.amplitechinc.com/.”

AmpliTech Group remains committed to driving innovation in telecommunications, leveraging its deep industry knowledge and technical prowess to deliver superior connectivity solutions that empower businesses to thrive in a digital-first world. Please visit our website at www.amplitechgroup.com.

About AmpliTech Group
AmpliTech Group, Inc., comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services—is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.

Safe Harbor Statement
This release contains statements that constitute forward-looking statements. These statements appear in several 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 ability to execute its business plan as anticipated; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the new cryogenic power supplies will be accepted and purchased by customers. 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 because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.

Contact:

Corporate Social Media:
Twitter: @AmpliTechAMPG
Instagram: @AmpliTechAMPG
Facebook: AmpliTechInc
LinkedIn: Amplitech Group Inc

Investor Social Media:
Twitter: @AMPG_IR
StockTwits: @AMPG_IR

Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com


FAQ

What new products has AmpliTech Group (AMPG) released for the quantum computing industry?

AmpliTech Group (AMPG) has released new Cryogenic Power Supplies through its AmpliTech Inc. division, specifically designed for the quantum computing industry. These power supplies are available in two models with adjustable low-voltage outputs (two-channel and three-channel).

Where can customers purchase AmpliTech Group's (AMPG) new Cryogenic Power Supplies?

Customers can purchase AmpliTech Group's (AMPG) new Cryogenic Power Supplies through their newly launched online store at https://shop.amplitechinc.com/. The products are immediately available for sale individually or as a set with AmpliTech's line of cryogenic amplifiers.

What are the applications of AmpliTech Group's (AMPG) new Cryogenic Power Supplies?

AmpliTech Group's (AMPG) new Cryogenic Power Supplies are designed for reliability testing, laboratory instrument testing, and cryogenic amplifier testing in the quantum computing industry.

AMPLITECH GROUP INC. COM

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Communication Equipment
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