Amplitech Group Inc (AMPG)

[RamsnastyMcBickle]

AmpliTech Group, Inc. announced the Company's bookings surpassed $1Million dollars as of February 2018. AMPG invested heavily in 2017 on R&D for product development in key areas such as specialty amplifiers for:

PRODUCT TECHNOLOGY

Quantum computing -- The Company's special cryogenic LNAs have provided a local made in USA solution to the rigors of handling and crunching Big Data by the leading A.I. companies -- These special cryogenic LNAs that can operate down to 4 deg K and have successfully demonstrated satisfactory performance in leading quantum computer companies.
High-speed internet gateways for satellites, ground stations, and Airline Wi-Fi in Airplanes and Vehicles -- AMPG has broken the sound barriers and lowered the noise to record lows in the major Satellite bands up to 40 GHz and has supplied it's premier LNAs to leading subscription satellite companies and internet providers.
Astronomy/Deep Space exploration and observation via the lowest Noise Figure Cryogenic LNAs to reach the faintest of signals in the farthest reaches of deep space
Cyber-security Hardware Development - These new anti-hackable chipsets will revolutionize and fortify the cybersecurity and cryptocurrency exchanges through our Joint Venture Agreement with Trusted Networks, where software alone cannot protect from breaches and multiple successful hacking attempts from attackers.
Mr. Maqbool stated, "With 3 quarters to go, we plan to build our backlog up significantly and therefore, the revenues. We are confident that our core strengths align well with the technology necessary to provide solutions for many of the technological challenges we are facing today as mentioned briefly above. Part of the increase in bookings can be attributed to advances in these technologies and development of innovative products. This supports the strategy that AMPG is following to expand its product lines."

Among the other reasons for the rise in bookings is:

ADVERTISING AND AWARENESS STRATEGY

Increased exposure from advertising in leading trade magazines and newsletters.
Increased exposure and awareness of our products by exhibiting and attending three different large international trade shows geared towards highlighting the specific products we have developed
Key customer visits and collaboration for enhanced product development
Increased sales from our Distributor ECM who stocks latest and legacy parts in order to provide our customers better prices and availability; thereby increasing overall sales and customer confidence.
MANAGEMENT STRATEGY

AMPG has appointed 2 new Board of Directors in order to solidify the management to build new bridges to capital and technology as well as signing on a well-established sales representative for the Asia and Middle East region (fasted growth sectors in the world) to promote AMPG's product distribution in Asia, Middle East, and all over the globe. Whereas, these new members of the BOD will help to build and attract more business, investors, and resources to further help AMPG to grow, AMPG is still planning on adding additional strategic board members that will springboard the Company's efforts to increase its product offerings and revenues. Details will be revealed in future press releases.
Link to Press Release