a Developer of Condition-of-the-Artwork Elements for

Bohemia, New York, June 28, 2021 (World NEWSWIRE) — AmpliTech Group, Inc. (NASDAQ: AMPG), a…

Bohemia, New York, June 28, 2021 (World NEWSWIRE) — AmpliTech Group, Inc. (NASDAQ: AMPG), a designer, developer, and company of condition-of-the-artwork factors and semiconductor chips for satellite and 5G communications networks, protection, area, and other professional apps, declared it has been included to the Russell Microcap® Index in conjunction with the Index’s annual reconstitution, which took impact right after the market’s close on June 25th.

Membership in the Russell Microcap® Index remains in place for one 12 months, with inclusion, as acceptable, in Russell’s Microcap Expansion and Microcap Value type indexes. Membership for Russell indexes is determined primarily by objective, market place-capitalization rankings and design characteristics.

CEO Fawad Maqbool, commented, “Inclusion in the Russell Microcap® Index is a testomony to the development we have created positioning AmpliTech to participate in the establish-out of satellite networks, 5G communications and other future-generation networks. These systems will offer improved facts and bandwidth capabilities essential for supporting speedy expansion in linked devices, leisure and gaming content material distribution, video clip conferencing, Net of Things (IoT) programs, autonomous-vehicle communications, quantum computing, space exploration and other bandwidth-intense applications.

“We are actively pursuing the wide array of advancement chances prior to us, supported by our sturdy financial placement – with almost $30M in funds – and our standing for industry-leading remedies. We be expecting AmpliTech’s fascinating outlook to be supported by the included financial investment local community visibility and consciousness delivered by our Russell index inclusion.”

The Russell Microcap Index is manufactured to supply a comprehensive and unbiased barometer for the microcap section of the U.S. equity marketplace, which can make up fewer than 3{f7ace28afe27113323ebcbc15db4aacb666c5f5c079bf840994bad8a1353241c} of the U.S. fairness industry (by market place cap). The Russell Microcap Index is made up of the smallest 1,000 securities in the compact-cap Russell 2000® Index, plus the up coming 1,000 smallest qualified securities by current market cap.

About FTSE Russell:
Russell indexes are element of FTSE Russell, a world index chief that gives impressive benchmarking, analytics and data options for investors around the world. Russell indexes are extensively employed by expenditure managers and institutional traders for index resources and as benchmarks for lively investment tactics. Close to $17.9 trillion is at this time benchmarked to FTSE Russell indexes. For more information and facts on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell web site. FTSE Russell is wholly owned by London Stock Trade Team.

About AmpliTech (www.amplitechinc.com)

AmpliTech Group, Inc. designs, develops, and manufactures state-of-the-artwork radio frequency (RF) parts for international satellite communications, telecom (5G & IoT), area, defense, and quantum computing marketplaces as well as units and element design and style consulting expert services. AmpliTech has a 13+ 12 months track history of building large performance, customized options to satisfy the special requirements of some of the greatest companies in the world wide industries we provide. We are very pleased of the exclusive competencies, knowledge and commitment of our targeted crew which allows us to provide outstanding solutions, more quickly time to market place, aggressive pricing and great buyer satisfaction and repeat business enterprise.

Protected Harbor Assertion

This launch contains statements that constitute ahead-wanting statements. These statements look in many sites in this release and include all statements that are not statements of historic actuality with regards to the intent, belief or present expectations of the Firm, its directors or its officers with regard to, among the other issues: (i) the Company’s capability to execute its business program as expected (ii) trends impacting the Company’s financial issue or results of operations (iii) the Firm’s expansion tactic and working method. The terms “might,” “would,” “will,” “expect,” “estimate,” “anticipate,” “consider,” “intend,” and comparable expressions and variations thereof are supposed to discover forward-searching statements. Buyers are cautioned that any such forward-wanting statements are not ensures of long term efficiency and entail pitfalls and uncertainties, several of which are beyond the Company’s capacity to manage, and that genuine final results could vary materially from those projected in the ahead-seeking statements simply because of several variables.  Other pitfalls are identified and explained in additional detail in the “Risk Factors” segment of the Company’s filings with the SEC, all of which are readily available on our site. We undertake no obligation to update, and we do not have a plan of updating or revising, these forward-hunting statements, except as necessary by relevant regulation.

Company Social Media                                           Investor Social Media
Twitter:         @AmpliTechAMPG                                Twitter:        @AMPG_IR
Instagram: @amplitechampg                                   StockTwits:   @AMPG_IR
Facebook: AmpliTechInc

Enterprise Contact                                                   Investor Speak to:
Shan Sawant, Director of Communications         David Collins, Trader Relations
AmpliTech Group, Inc.                                               Catalyst IR
[email protected]                                              [email protected]
646-546-7128                                                               212-924-9800