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Stock impact report

AmpliTech Group's AmpliTech Inc. Division Secures Initial Purchase Order Under 5-Year Basic Order Agreement With Fortune 1000 U.S. Company [Yahoo! Finance]

Amplitech Group, Inc. (AMPG) 
NASDAQ:AMEX Investor Relations: amplitechinc.com/about/investors
Company Research Source: Yahoo! Finance
HAUPPAUGE, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced receiving an initial Purchase Order, as part of the recently announced signing of a 5 Year Basic Order Agreement (BOA), with a US based Fortune 1000 Company. This initial Purchase Order, for nearly $1M, includes delivery of LNB (Low-Noise Block Downconverters) products and engineering services. As recently communicated to the public, low-noise block downconverter (LNB) is the receiving device mounted on satellite dishes used for satellite TV and data reception, which collects the radio waves from the dish and converts them to a signal which is sent through a cable to the receiver inside t Show less Read more
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