AmpliTech receives $5 million in follow-on orders from tier-1 mobile operator

HAUPPAUGE, N.Y. - AmpliTech Group, Inc. (NASDAQ:AMPG), a technology company with a market capitalization of $55.3 million, announced Thursday it has received approximately $5 million in follow-on orders from a Tier-1 North American mobile network operator for its 5G Open RAN radio products. According to InvestingPro data, analysts anticipate strong sales growth for the company in the current year.

Of the total new bookings, $3 million represents orders beyond the previously disclosed $40 million Letter of Intent (LOI), while the remaining $2 million consists of additional quantities within the original agreement scope.

The company reported that the increased demand follows successful deployment and performance of configurations shipped during the second quarter of 2025. AmpliTech has recorded company-wide bookings exceeding $7 million from July 1 through July 24.

"Receiving new orders outside of our existing LOI is a strong indicator of our customer’s satisfaction and growing reliance on our 5G technology," said Fawad Maqbool, CEO/CTO of AmpliTech Group, according to the press release.

AmpliTech previously announced unaudited revenue results of nearly $11 million for the second quarter of 2025.

The company, which comprises five divisions, designs and manufactures signal processing components for satellite, 5G, and other advanced communications networks, including complete 5G/6G systems. AmpliTech Group also serves as a global distributor of IC packaging solutions.

This information is based on a company press release statement.

In other recent news, AmpliTech Group, Inc. announced significant developments in its business operations. The company highlighted that its cryogenic Low Noise Amplifiers (LNAs) are playing a crucial role in advancing quantum computing technology. These proprietary amplifiers operate at extremely low temperatures and are essential for maintaining the integrity of quantum information. In addition to its technological advancements, AmpliTech has received new purchase orders totaling nearly $3 million as part of a $40 million Letter of Intent with a Tier 1 mobile network operator, with deliveries expected by fiscal year 2025. Furthermore, a follow-on order exceeding $1 million was secured from an Open RAN systems integrator, contributing to an ongoing collaboration with a 5G industry customer. In terms of corporate governance, AmpliTech has appointed Aamir Sultan, an expert in artificial intelligence, to its Board of Advisors. Sultan brings over 20 years of experience in AI and machine learning, enhancing the company’s strategic direction. These recent developments indicate a period of growth and innovation for AmpliTech Group.

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