HAUPPAUGE, New York, Jan. 08, 2025 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer and manufacturer of modern signal processing components for satellite and the public sector. 5G Private Networks, and other telecommunications networks, including a designer of complete 5G/6G systems and a global distributor of packaging and covers for integrated circuit assembly, today released a technical report and business opinion written by the company's CEO/CTO Mr. Fouad Maqbool, which appears below:
The era of quantum computing is closer than everwith groundbreaking advances made by leading innovators like Google (NASDAQ:) AI, IBM (NYSE:), Righetti, IonQ, and D-Wave. These companies have made great strides in integrating quantum computers into existing technologies, opening possibilities for transformative applications in artificial intelligence (AI), cybersecurity, and beyond. As the quantum computing industry moves from experimental to practical use cases, its adoption is expected to grow significantly from 2025 to 2030.
Quantum computers (NASDAQ:), with their unparalleled computational power, are designed to revolutionize artificial intelligence by solving previously unsolvable problems. For example, Boeing (NYSE:) is exploring quantum-powered Internet of Things (IoT) modules in aircraft to predict failure rates with unprecedented accuracy, ensuring enhanced safety and reliability. In cybersecurity, quantum algorithms promise to fortify defenses against increasingly sophisticated cyber threats, making data encryption more robust and secure than ever before.
See the articles below that explain how to implement quantum computer applications today:
https://newsroom.ibm.com/2024-11-13-ibm-launches-its-most-advanced-quantum-computers,-fueling-new-scientific-value-and-progress-towards-quantum-advantage
https://deloitte.wsj.com/cio/in-the-quantum-future-expect-the-unexpected-fad47214?reflink=desktopwebshare_permalink
https://investors.boeing.com/investors/news/press-release-details/2024/Boeing-Pioneering-Quantum-Communications-Technology-with-In-Space-Test-Satellite/default.aspx
https://www.thetimes.com/magazines/the-sunday-times-magazine/article/what-is-quantum-computing-explained-science-editor-hn8ks0blj?utm_source=chatgpt.com®ion=global
AmpliTech's role in quantum computing
AmpliTech Group, Inc. (NASDAQ: AMPG) plays a pivotal role in enabling quantum computing through its low-noise amplifiers (LNAs). LNAs are essential for amplifying qubit signals, which are key to powering quantum computers across various architectures developed by industry leaders. The company's technology ensures that precise quantum signals remain coherent and reliable, enabling efficient calculations in this cutting-edge field.
Bridging quantum computing and 5G connectivity
Practical adoption of quantum technology in everyday business scenarios requires robust infrastructure for high-speed data transfer. For example, quantum cloud computing requires ultra-fast 5G connectivity to seamlessly transfer data between ground stations, satellites and quantum clouds. AmpliTech is uniquely positioned to provide end-to-end solutions for this ecosystem:
- Ground station solutions: LNAs and low-noise block switches (LNBs) for receiving and processing quantum data.
- Satellite technology: Monolithic microwave integrated circuits (MMICs) used in satellite systems to support data relay.
- Fifth generation networks: True Gigspeed radio networks are deployed on cell towers and private 5G systems for ultra-fast connectivity.
Market growth forecast and adoption
The global quantum computing market is expected to grow at a compound annual growth rate (CAGR) of 30%2, reaching an estimated $64 billion by 2030. This growth is fueled by increasing business adoption in sectors such as aviation, finance, healthcare, and manufacturing industries. Logistics. Artificial intelligence and machine learning applications, in particular, are expected to benefit greatly from the computational breakthroughs offered by quantum technology.
AmpliTech's strategic position in this burgeoning industry, supported by its proprietary technology, recent patent filings, and long-standing trade secrets, ensures that it remains a key enabler of quantum and 5G advances. By providing critical components and systems for this ecosystem, AmpliTech helps realize the full potential of quantum computing and high-speed communication for real-world applications.
conclusion
The future of quantum computing is rapidly unfolding, as applications are poised to redefine industries. From artificial intelligence and cybersecurity to the Internet of Things and beyond, quantum technology represents a paradigm shift in computational power. We believe that the AmpliTech Group is at the forefront of this revolution, providing solutions that support the quantum era and enable seamless integration with 5G and satellite networks. As the technology matures, AmpliTech stands ready to support companies in harnessing the enormous potential of quantum computing.
While the AmpliTech Inc. division plays AmpliTech Group has played an important role in the quantum computing sector with its low-noise cryogenic amplifiers, and the company is far from relying solely on this emerging field for success. In fact, the other four divisions of AmpliTech Group are strategically diversified to achieve their broader corporate goals. Among these sectors, the 5G segment stands out as a key growth driver. The company has rolled out a wide range of innovative 5G products, providing “true 5G speeds” with data rates of at least 1 Gbps. These developments have been highlighted in numerous press releases and reflect our commitment to leadership in cutting-edge communications technologies.
Our business development strategies have already delivered strong results, exemplified by the recently announced five-year supplier agreement with Fujitsu Spain. Looking to the future, AmpliTech Group firmly believes that its 5G division will emerge as a major source of revenue, strengthening the company's position at the forefront of technological innovation.
About AmpliTech Group
AmpliTech Group, Inc., consisting of five divisions “AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services” is a leader in the design, development, manufacture and distribution of cutting-edge technologies. RF microwave components and 5G solutions. Serving global markets including satellite communications, communications (5G and IoT), space exploration and defense and quantum computing, AmpliTech Group is committed to technology development and innovation. For more information, please visit www.amplitechgroup.com.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the current intention, belief or expectations of the Company or its directors or employees regarding, among other things, that such Company will result in the receipt of anticipated patents in the near future. To immediate or near future orders and to further penetration of quantum computing markets and public and private 5G markets. The words may expect estimate expect believe intention and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements due to various factors. Other risks are identified and described in more detail in the Risk Factors section of the Company's agreements with the Securities and Exchange Commission, which are available on our website. We undertake no obligation to update, and we have no policy of updating or revising these forward-looking statements, except as required by applicable law.
Contacts:
Corporate social media
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Twitter: @AMPG_IR
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Contact the company:
Jorge Flores
Phone: 631-521-7831
investors@amplitechgroup.com
1 Footnote source.
2 Reference sources for a CAGR of 30% and $64 billion in 2030.
Source: AmpliTech Group, Inc.
