AmpliTech Group Receives Over $700K In Cash From Single Products Sale At Their Spectrum Division; AmpliTech Group Surpassing Bookings In Excess Of $1M In The Timeframe Of September To Date, As Result Of Increased Quoting Activity Experienced Since The Start Of Q3 2024
Portfolio Pulse from Benzinga Newsdesk
AmpliTech Group, Inc. (NASDAQ:AMPG) has received over $700K from a single product sale and surpassed $1M in bookings since September, driven by increased quoting activity. The company is actively involved in 5G deployment and anticipates more projects by year-end.
September 19, 2024 | 12:36 pm
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AmpliTech Group has received over $700K from a single sale and surpassed $1M in bookings since September, indicating strong demand and increased quoting activity. The company is also expanding its 5G deployment projects.
The significant cash inflow from a single sale and surpassing $1M in bookings suggest strong business momentum. The company's active role in 5G deployment and anticipation of more projects further supports a positive outlook.
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