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Denver, CO – Nov 1, 2023 / AmpliTech Group, Inc. (NASDAQ:AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks and a worldwide distributor of packages and lids for integrated circuit assembly, and designer of complete 5G/6G systems, is proud to announce it has entered an agreement with Component Distributors Inc, (CDI), a well-established electronic components distributor. CDI will market and distribute all MMICs released by AGMDC in either die or packaged forms. This agreement marks AGMDC’s first distribution agreement, presenting a significant opportunity to reach not just domestic customers but global customers as well which are currently being served by CDI.
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AmpliTech’s Founder and CEO, Fawad Maqbool, is excited for the collaboration, stating, "We feel very confident this distribution agreement will help pave the way for our MMIC products to reach not just domestic customers but also global customers. We specifically chose CDI to become our distribution channel given CDI’s ample reach, engineering support and distribution capabilities". Furthermore Mr. Maqbool added, "this effectively sets the table for both our semiconductor packages and MMIC divisions to streamline their product offerings, paving the way for continued new product introductions in the SATCOM, 5G and Quantum markets".
This strategic partnership serves as a testament to both companies’ shared vision of delivering unparalleled quality and technological innovation to the market. AmpliTech’s agreement with CDI presents a tremendous opportunity for growth and expansion in the US and global markets which is a win-win opportunity for both organizations.
About AmpliTech Group
AmpliTech Group, Inc. designs, develops, manufactures, and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In 2021, AmpliTech Group founded its AGMDC Division, AmpliTech’s Group MMIC Design Center, which designs, develops and manufactures state-of-the-art signal-processing components for satellite and 5G communications networks, defense, space, and other commercial applications, allowing the Company to market its products to a wider base of customers requiring high technology in smaller packages. We are proud of our focused team’s unique skills, experience and dedication of our team of design engineers. AGMDC will continue to introduce new products to the market in addition to offering custom design capabilities for those customers that require specific performance. For more information, visit: www.amplitechinc.com
About Component Distributors, Inc.
Component Distributors Inc. (CDI) is a value added distributor of electronic components providing Power, LED Lighting Solutions, RF & Microwave, Sensors & Wireless Solutions, and Precision Measurement products for simple to complex system applications. CDI distributes globally and provides local customer service and application support across the Americas. CDI delivers technical solutions that are easy to find and easy to buy, providing customers and supplier partners with design services, web commerce enablement and flexible supply chain solutions. For more information, please visit https://www.cdiweb.com
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