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AmpliTech Moves Microwave Design Center Division to Allen Tech Hub; Shares Rise

2024-08-27 00:43

12:43 PM EDT, 08/26/2024 (MT Newswires) -- AmpliTech Group (AMPG) said Monday it is relocating its AmpliTech Group Microwave Design Center division to the Allen Tech Hub in Watters Creek District in Allen Texas.

The company said the move would enhance its ability to deliver next-generation technology solutions for public and private 5G networks, in addition to continued engineering support for existing microwave products.

AmpliTech shares were up more than 8% in recent trading.

Price: 0.90, Change: +0.07, Percent Change: +8.13

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