Technology Stocks

AmpliTech Group, Inc. (NASDAQ: AMPG), Joint Undertaking With SN2N LLC, Finalizes Proof of Idea for Extremely Safe Satellite, IoT, and 5G Interactions

AmpliTech Group, Inc. (NASDAQ: AMPG), a designer, developer, and producer of high-tech RF semiconductors for outpost and 5G interactions networks has announced tactical speculation and joint undertaking with SN2N LLC to plan and produce an unhackable interactions control that generates a new safety example: state-of-the art indication amplification protected by intelligence-community-caliber hardware encryption. This joint expansion effort has already completed a proof-of-concept expression of the key, intended to offer clientele an extra layer of security at the hardware stage without sacrificing presentation. The joint undertaking is now moving ahead to build up a commercial-grade solution based on proprietary chipsets intended to give tremendously safe data transport.

To prop up development efforts for the joint undertaking, AmpliTech has devoted up to $350,000 to buy an initial equity chance in SN2N. The speculation’s total funding depends on the conclusion of three development milestones: a secure device coding examination, code optimization examination, and FPGA plan & manufacture examination. Upon winning the conclusion of presentation qualifications taxing, AmpliTech would dish up as an elite manufacturer for the LNA product line used with this encryption skill.

The joint venture is planned to address the mounting must for extra safety in solutions that necessitate wireless associations. Today an unparalleled level of connectivity is being built out to power pace and bandwidth load of data and content sharing, Internet-of-Things (IoT) solution, independent vehicles, quantum computing, deep space examination, etc. Safety is top anxiety in any of these spaces. Presently, amplifiers used by companies in these rapidly rising spaces are not themselves encrypted at the hardware end. So these companies stand to advantage very much from the joint venture’s communications solution intended to bring far greater bandwidth, data transfer speed and incorporated hardware safety.

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