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Investing.com -- Amplitech Group Inc (NASDAQ:AMPG) stock gained 2.5% in after-hours trading Monday following the company’s filing of a Free Writing Prospectus (FWP) that provides additional details about its previously announced 2025 Unit Rights Offering.
The designer and manufacturer of advanced signal-processing components for satellite and 5G communications networks highlighted its position in the Open RAN market and outlined growth opportunities in its filing. The company has secured Letters of Intent totaling over $118 million with major Asian and North American mobile network operators.
According to the FWP, Amplitech has developed advanced 5G Open RAN solutions, including a provisional pending patent for a Massive MIMO 64T64R radio platform designed for dense urban and military applications. The company noted that millions in Letters of Intent have already converted to funded purchase orders.
Amplitech reported that its unaudited Q2 2025 revenue is approaching $11 million, with 75% derived from high-margin 5G ORAN products. Management expects gross margins to return to double digits within six months and continue through fiscal year 2026.
The company plans to use proceeds from the rights offering to strengthen its balance sheet, make strategic growth investments, and scale operations. Amplitech emphasized that it is one of the few U.S.-based end-to-end ORAN 5G solution providers, which positions it to benefit from increased demand for domestic technology vendors in critical infrastructure.
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