Amplitech secures $1.2m in new orders for low noise amplifier technology for defense/aerospace and defense/commercial customers, yielding record order backlog of $3.4m

Bohemia, ny, oct. 28, 2021 (globe newswire) -- amplitech group, inc. (nasdaq: ampg), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite and 5g communications networks, defense, space, and other commercial applications, announced today that it has been awarded $1.2m of new orders for low noise amplifier (lna) technology from a fortune 500 global defense and aerospace company and defense aerospace, naval and commercial aerospace applications provider. the orders, which increase amplitech's order backlog to a record $3.4m as of today's date, are expected to ship in calendar 2022. amplitech's revenue for the past four quarters was $3.5m.
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