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AmpliTech Group Inc designs, develops, engineers, and assembles micro-wave component-based amplifiers that meet individual customer specifications. The products of the company consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, cryogenic amplifiers, and custom assemblies. The company also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.
AmpliTech serves the aerospace, government, defense, and commercial satellite industries. They sell their products through sales representatives or distributors in North America, Europe, and Asia. Founded in 2002 and based in Bohemia, New York, AmpliTech remains committed to delivering high-performance, custom solutions to meet the ever-evolving needs of global industries.
AmpliTech Group (Nasdaq: AMPG) received a notice of non-compliance from Nasdaq on May 22, 2024, due to the late filing of its Quarterly Report on Form 10-Q for the period ending March 31, 2024. The notice currently has no immediate impact on AmpliTech's Nasdaq listing. The company has 60 days to submit a plan to regain compliance. If accepted, AmpliTech may get up to 180 days from the Form 10-Q due date, until November 18, 2024, to comply. The company aims to file the report as soon as possible and anticipates doing so before needing to submit a compliance plan.