Amplitech Group (AMPG) Regains Nasdaq Compliance

AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, including the design of complete 5G/6G systems, and a global distributor of packages and lids for integrated circuit assembly, announced today that it received a notice from the Nasdaq Stock Market, stating the Company has regained compliance with Nasdaq’s periodic filing requirement.

“I have tremendous confidence in the company's trajectory,” said Fawad Maqbool, CEO of AmpliTech Group. “With over two decades of delivering unparalleled solutions to Fortune 500 companies, we are now poised to extend our impact to Fortune 50 companies, catalyzing advancements in communications and connectivity that will enhance global quality of life.”

“Our technology focuses on developing solutions for such problematic areas we all experience every day, such as True 5G ORAN Radios for cell towers to eliminate dead zones and dropped or frozen Zoom calls, airline Wi-Fi, Artificial Intelligence (AI), Telemedicine, AR/VR, fully automated vehicles, and Fixed Wireless Access (FWA) that will eventually make cable and fiber to the home obsolete,” Maqbool said. “All of us at AmpliTech Group remain resolute in our commitment to delivering value to shareholders and propelling technology solutions that shape the future of connectivity. AmpliTech Group is working diligently to continue to execute its strategy, inventory remains healthy, business development prospects for our 5G Division AGTGSS are at an all-time high. Most importantly, recent events will not shift the company’s management approach or impact future operations, which include numerous growth opportunities within the rapidly evolving technology landscape, the management team remains resolved and focused on executing our growth strategy.”

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