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Amplitech Group Inc

amplitechgroup.com

AmpliTech Group Inc (NASDAQ: AMPG) is a radio frequency (RF) and microwave components company that designs, assembles, and sells amplifiers, signal processing components, and related hardware for satellite communications, 5G wireless, defense, and emerging applications including quantum computing. Revenue comes from transactional product sales, with research and development costs incorporated into unit selling prices and borne directly by customers. The company manufactures at its Hauppauge, New York facility, maintains a distribution center in San Jose, California, and operates an MMIC design center in Plano, Texas. It serves customers across the United States, Europe, and South Asia, including mobile network operators, systems integrators, OEMs, and government and defense organizations. As of March 19, 2026, AmpliTech had 46 full-time employees and one part-time employee. The company also acts as the exclusive U.S. distributor for NGK Electronic Devices' RF microwave ceramic semiconductor packages, a partnership announced April 1, 2023 representing NGK's first U.S. distribution agreement.

Products & Services

Low-noise amplifiers (LNAs), cryogenic amplifiers (operating as low as 4K, targeting quantum computing, medical, and space communications), desktop and benchtop wideband power amplifiers (0.1 to 40 GHz), low-noise block downconverters (LNBs) for LEO/MEO/GEO/small sat applications, waveguide-to-coaxial adapters (S band to K band, 2 GHz to 50 GHz), directional couplers, power dividers, quadrature hybrid 90-degree couplers, specialty microwave protection switch panels for satellite earth stations, 5G O-RAN radio network components, and MMICs. Also distributes NGK Electronic Devices ceramic semiconductor packages in the U.S.

Revenue Model

Transactional product sales of RF and microwave components; R&D costs embedded in unit selling prices and charged directly to customers. Distribution revenue from NGK Electronic Devices products sold into the U.S. market.

Customers & Markets

Mobile network operators, private network providers, systems integrators, OEMs, government and defense organizations, research and academic institutions. Key end markets: satellite communications (SATCOM), 5G and future 6G wireless infrastructure, quantum computing, defense and radar, aerospace, telecommunications, and test and measurement.

Geographic Exposure

Primary markets: United States, Europe, and South Asia. Manufacturing in Hauppauge, New York; distribution center in San Jose, California; MMIC design center in Plano, Texas.

Financial Snapshot

Revenue
TTM
$26.95M
Gross Margin
TTM
31.79%
Net Income
TTM
-$6.688M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
425.19%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$48.36M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$11.71M

Stock Price

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Market Cap: $117.83 Million

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