- Producer of customized and normal state-of-the-art RF parts AmpliTech Group Inc (NASDAQ: AMPG) secured over $500,000 of orders from a serious Fortune 100 protection contractor and a serious satellite tv for pc cable TV broadcaster.
- AMPG subsidiary Specialty Microwave, a satellite tv for pc communications (SATCOM) merchandise firm, secured a $190,000 order from a number one broadcaster to make use of its distinctive tools to course of satellite tv for pc floor station alerts behind the antennas. On the identical day, AMPG obtained a $366,000 order for its state-of-the-art low noise amplifiers from a serious protection contractor supporting the METIS Program.
- CEO Fawad Maqbool ascribed the order stream to the pandemic induced pent-up demand.
- Worth motion: AMPG inventory was up 7.65% at $11.68 on the final examine Friday.
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