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Tuesday, 07/28/2020 3:43:33 AM

Tuesday, July 28, 2020 3:43:33 AM

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$AMPG Although, AmpliTech was forced to shut down for 2 months amidst the Covid-19 crisis, the Company was able to restart operations in early May and re-opened. Since re-opening, the Company received approximately $800,000 in new orders and increased RFQ activity from both Government GSA as well as commercial and Defense OEMs, indicating a rising demand for products.  Stated Fawad Maqbool, CEO, "Although we are still behind the expected curve for growth due to this pandemic, we believe we will have good results from pent-up demand towards the end of the year. Our patent filings will enable us to protect our IP and provide products for large volume markets as we follow our strategy to pursue and up-list to Nasdaq". In addition to this, the Company is planning to promote its new products to investors via virtual roadshow presentations.
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