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HAUPPAUGE, N.Y. - AmpliTech Group, Inc. (NASDAQ: AMPG), a developer of signal processing components trading at $1.98 per share, has delineated the distinction between what is commonly marketed as 5G and the capabilities of True 5G, which it is working to achieve. The company, which has seen its stock surge over 130% in the past six months according to InvestingPro data, is awaiting FCC (BME:FCC) licensing and certification expected by the end of Q1 2025 to deploy its True 5G technology.
AmpliTech claims that most current 5G offerings are enhanced 4G LTE rather than True 5G, which promises gigabit-per-second speeds, ultra-low latency, and substantial network capacity. The company’s True 5G innovations include a massive MIMO 64T/64R True 5G OpenRAN radio designed for urban areas, currently undergoing testing and certification at Northeastern University’s Wireless Internet of Things (WIoT) Institute. With a market capitalization of $31 million and a gross profit margin of 45.4%, the company maintains strong operational efficiency despite its development phase.
The company asserts its technology will deliver True 5G capabilities, contrasting with other vendors who have not conducted interoperability testing. AmpliTech’s radio system is designed to ensure compatibility with any DU vendor, embodying the essence of OpenRAN.
Additionally, AmpliTech has developed a Private 5G network solution offering up to 1.4 Gbps speeds, available for deployment to homes and businesses. This Fixed Wireless Access (FWA) solution aims to replace traditional broadband infrastructure, eliminating the need for cable boxes and routers.
Low Noise Amplifiers (LNAs) developed by AmpliTech are essential for achieving True 5G performance, enhancing signal range and data throughput while reducing latency. These advancements are critical for applications such as autonomous vehicles, telemedicine, and industrial automation.
AmpliTech’s CEO, Fawad Maqbool, emphasized the company’s commitment to moving beyond marketing claims to deliver real 5G technology. He stated that True 5G is set to begin deployment by the end of Q2 2025.
The company’s advancements are poised to impact various industries, including autonomous vehicles, drones, smart cities, the metaverse, and Industry 4.0. AmpliTech is positioning itself as a leader in the telecommunications industry, focusing on the deployment of higher frequency infrastructure, small-cell networks, and advanced radio technologies. According to InvestingPro analysis, the company shows signs of being slightly undervalued, with analysts setting a $4 target price. InvestingPro subscribers have access to 11 additional exclusive tips and comprehensive financial metrics to better evaluate AMPG’s growth potential.
The information in this article is based on a press release statement from AmpliTech Group, Inc.
In other recent news, AmpliTech Group, Inc. announced the completion of an independent valuation of its newly issued patents, estimating a potential licensing value of $14.9 million over five years. This valuation, conducted by ipCapital Group, highlights the company’s advancements in 5G low noise amplifiers and cryogenic amplifiers. Additionally, AmpliTech has logged over $2.1 million in purchase orders for the current quarter, including significant orders from a Fortune 1000 company for Low Noise Block Converters and international orders for 5G ORAN radio products. The company also secured over $1 million in first-quarter orders through a five-year agreement with a Fortune 1000 firm, emphasizing its proprietary low noise technology.
Moreover, AmpliTech received a Notice of Allowance from the USPTO for its MMIC LNA designs, further strengthening its intellectual property portfolio. This patent is expected to enhance the performance of its MMIC designs, crucial for applications like satellite communications and 5G networks. In regulatory news, AmpliTech has regained compliance with Nasdaq’s minimum bid price requirement, maintaining a closing bid price above $1.00 per share for at least ten consecutive trading days. This compliance ensures the company meets the exchange’s standards for continued listing. These developments reflect AmpliTech’s ongoing efforts in innovation and market expansion.
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