D-Wave Quantum falls nearly 3% as earnings miss overshadows revenue beat
Investing.com -- Amplitech Group Inc (NASDAQ:AMPG) stock rose 3.6% as the company highlighted the critical role its cryogenic Low Noise Amplifiers (LNAs) are playing in quantum computing development, positioning the firm to benefit from the rapidly growing sector.
The Nasdaq-listed signal processing component manufacturer emphasized that its proprietary pHEMT-based cryogenic LNAs operate at temperatures as low as 4 Kelvin, delivering industry-leading noise figures under 0.1 dB. These specialized amplifiers are essential for preserving quantum information integrity in advanced computing systems.
"Our LNAs are not just amplifiers—they are enablers of a quantum leap," said Fawad Maqbool, CEO and CTO of AmpliTech. "With each qubit typically requiring its own LNA, the demand for our technology is directly linked to the growth of the quantum computing sector, and we’re scaling aggressively to meet it."
The company noted that quantum computing hardware market is projected to grow at a CAGR of 33% through 2030, with several companies targeting 1,000+ qubit platforms within the next 12-24 months. As each qubit typically requires a dedicated amplifier, AmpliTech sees significant growth potential for its specialized components.
AmpliTech’s technology is currently being supplied to several leading quantum computing initiatives, universities, and national laboratories, according to the company. The firm highlighted that quantum-AI hybrid systems are expected to emerge within the decade, potentially accelerating applications in drug discovery, secure communications, financial optimization, and advanced AI.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.