AmpliTech Group's Division, AGMDC, Inks Distribution Deal with Component Distributors Inc, A Global Value-Added Distributor Of Electronic Components
Portfolio Pulse from Benzinga Newsdesk
AmpliTech Group, Inc. (NASDAQ:AMPG) has entered into a distribution agreement with Component Distributors Inc (CDI), a global distributor of electronic components. CDI will market and distribute all MMICs released by AGMDC, a division of AmpliTech. This is AGMDC's first distribution agreement and is expected to expand their reach to global customers.
November 01, 2023 | 1:19 pm
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POSITIVE IMPACT
AmpliTech's new distribution agreement with CDI is expected to expand its customer base and potentially increase sales. This could have a positive impact on the company's stock.
The distribution agreement with CDI is a significant step for AmpliTech as it marks their first distribution agreement and expands their reach to global customers. This could potentially increase their sales and positively impact their stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100