AmpliTech Group, Inc. announced that it has received new orders valued at over $400,000 from international government and domestic private customers within the last 2 months. These new orders are for products for which AmpliTech has primarily been a sole source due to its unique and unparalleled performance attributes that have made AmpliTech the number one choice for our customers worldwide. These initial new orders are expected to position AmpliTech on long term supply chain roadmaps to provide its innovative and high performance products and solutions to mission critical programs.
CEO Fawad Maqbool stated, "AmpliTech's core product line is a perfect lead-in for the company in pursuit of its strategic objectives for large scale commercialization of its innovative technologies to drive the new product pipeline currently in the development for its newly formed Wireless Solutions Group. Clearly, what we are seeing is that the demand for our products is on the rise and is expected to substantially increase as we move forward with the transition into mass markets in line with our company strategy and vision as stated in previous press releases. We anticipate the increase in our bookings and backlog to continue throughout the remainder of the year as we move forward with our initiatives to shape the future of AmpliTech product offerings."
Source : http://finance.yahoo.com