Amplitech Group Inc (AMPG)

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Sept newsletter

"AmpliTech, Inc. has recently invested heavily into marketing to the U.S. goverment and is in the running for several million-dollar projects that, although to be announced in 2016, will be able to carry us through at least two quarters wherein the addtion of what we'd normally produce will be a bonus. Last time, we mentioned an expanded marketing base by cross-marketing items sold by our vendors while letting them sell our products. As such, we'll be able to sell our bread-and-butter LNAs along with High-Frequency millimeter-wave products along with Medium to High Power amplifiers, waveguides and even DROs to a much larger customer base while our partners will be selling our products to new and existing customers, thus potentially expanding our sales volume exponentially. RFQs are double what they were last year at this time and, with better reps working for us who can get target pricing and competitor information, our chances of winning any particular order has gone up about 40% since last year, especially in overseas markets.

The results of these various approaches has been immediately apparent as we've shipped over 50% in September than we did all of this quarter last year."

TECHNICAL CORNER...A WORD FROM OUR ENGINEERS

AmpliTech has found a way to minimize NRE costs for custom housings by using innovative circuit integration into housings other than our own. This has been a boon to customers requiring amplifiers with specific physical dimensions to fit into their systems and are either dissatisfied with their current vendor or simply want better performance. We can now provide our technically superior products in a custom housing WITHOUT thousands of dollars in NRE and even without NRE at all in some cases where production quantities are required "It's all about winning the customer, not just winning the order," said Chief Engineer Fawad Maqbool, "and this is one way in which we hope to do that."

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