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AmpliTech Group Announces Successful Rights Offering at $4 Per Unit, Over-subscriptions Received
Globenewswire· 2025-12-11 12:00
HAUPPAUGE, N.Y., Dec. 11, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the "Company" or “AmpliTech”), today announced that as of December 10, 2025, AmpliTech has received approximately $6.7 million in unit subscription rights thus far, with over 900K basic subscriptions and over 700K oversubscriptions. In order to better ensure that holders of its Common Stock and certain eligible warrant holders have sufficient time to subscribe and over-subscribe, as applicable, the company’s Boar ...
AmpliTech Achieves Major Milestone in 5G Innovation: First and only U.S. Company to Validate High-Capacity 64T64R CAT-B Massive MIMO Radios in Global Open RAN Testing with G-REIGN (HTC) And Digital Catapult SONIC Labs
Prism Media Wire· 2025-12-08 13:00
Core Insights - AmpliTech has achieved a significant milestone by becoming the first U.S. company to validate a commercial 64T64R CAT-B Massive MIMO radio in global Open RAN testing, marking a pivotal moment in 5G infrastructure development [1][3][13] Company Achievements - The company successfully completed rigorous testing of its 64T64R CAT-B Massive MIMO O-RU during the O-RAN Global PlugFest Fall 2025, underscoring its leadership in high-capacity, open, and disaggregated 5G networks [3][4] - AmpliTech's 64T64R CAT-B radio is recognized as the highest radio network configuration in the 5G ecosystem, enabling high spectral efficiency and greater coverage at lower power per bit [4][5] Industry Impact - The successful PlugFest testing confirmed full multi-vendor interoperability, which strengthens the Open RAN ecosystem for dense urban 5G deployments [2][10] - AmpliTech's advancements in Massive MIMO technology are expected to disrupt the traditional vendor lock-in, allowing operators to source components from multiple vendors and reduce costs [9][10] Future Developments - The next phase of the PlugFest is scheduled for Spring 2026, focusing on end-to-end MIMO and Massive MIMO gNB functionality, which will further validate multi-vendor integration [8][11] - The company aims to provide a viable alternative to proprietary RAN solutions, enhancing the U.S. position in the global 5G supply chain [12][15]
AmpliTech Group Subscription Period Ends December 10 - AmpliTech Group (NASDAQ:AMPG), AmpliTech Group (NASDAQ:AMPGW)
Benzinga· 2025-12-08 11:30
HAUPPAUGE, N.Y., Dec. 08, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG, AMPGW)) (the "Company" or "AmpliTech"), today reminds all right-holders that the unit rights offering expires at 5:00 PM Eastern Time on December 10, 2025.AmpliTech has an effective Form S-3 base prospectus, as supplemented, from which it is offering these unit rights registered with the Securities and Exchange Commission (the "SEC"). The unit rights offering is for up to a maximum of 8,000,000 units at $4 per unit. Each ...
AmpliTech Group Subscription Period Ends December 10
Globenewswire· 2025-12-08 11:30
Core Viewpoint - AmpliTech Group, Inc. is conducting a unit rights offering set to expire on December 10, 2025, allowing right-holders to purchase units at $4 each, which include common shares and rights to purchase additional shares [1][2]. Offering Details - The unit rights offering consists of up to 8,000,000 units priced at $4 per unit, each unit comprising one common share and one Series A Right and one Series B Right to purchase additional common shares [2]. - Holders who fully exercise their unit rights can oversubscribe for additional units not purchased by other right-holders, subject to pro rata allocation [3]. Use of Proceeds - The net proceeds from the offering will be utilized for scaling domestic manufacturing and operations, advancing R&D and product commercialization, enhancing vertical integration and supply-chain resilience, engaging in strategic partnerships, supporting corporate growth initiatives, and for working capital and general corporate purposes [4]. Important Dates - The key dates for the unit rights offering include: - Deadline for subscription and payment: December 10, 2025 - Expiration date for Subscription Rights: December 10, 2025 - Series A Rights subscription price: $5 per share, expiring on July 18, 2026 - Series B Rights subscription price: $6 per share, expiring on November 20, 2026 [5]. Company Overview - AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency (RF) microwave components and 5G network solutions, serving markets such as satellite communications, telecommunications, space exploration, defense, and quantum computing [7].
AmpliTech Group To Hold Its Annual Shareholder Meeting And Showcase Its ORAN 5G Network Performance To Attendees
Prism Media Wire· 2025-12-04 13:00
AmpliTech Group To Hold Its Annual Shareholder Meeting And Showcase Its ORAN 5G Network Performance To Attendees HAUPPAUGE, N.Y., Dec. 04, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – AmpliTech Group, Inc. (“AmpliTech” or the “Company”) today announced that during its annual shareholder meeting, it will host an Investor Demo Day on December 10, 2025, from 4:30 PM to 6:15 PM at its Hauppauge headquarters located at 155 Plant Avenue, Hauppauge NY 11788.The event offers invest ...
AmpliTech Group Receives Nearly $5 Million in Follow-On Orders From LOI Customers
Prism Media Wire· 2025-12-03 13:00
AmpliTech Group Receives Nearly $5 Million in Follow-On Orders From LOI Customers Company Provides Business Update as ORAN 5G, Satcom, and Private 5G Programs ProgressNearly $5M in follow-on purchase orders secured under AmpliTech’s expanded $100M LOI, with deliveries scheduled through the first half of 2026.Major customer renewals and expanded programs across ORAN 5G, private 5G, satcom, and cryogenic/quantum-ready RF systems.Strengthened global demand for AmpliTech’s high-performance amplifiers and syste ...
AmpliTech 5G Division Releases New Band 50 Open RAN Radios
Prism Media Wire· 2025-12-01 12:02
AmpliTech 5G Division Releases New Band 50 Open RAN Radios Proof Of Concept Phase Complete – Production Shipments To Start December 2025AmpliTech launches new Band 50 (n50) 5G Open RAN radios, engineered for long-range FWA coverage with low power consumption and full O-RAN 7.2x compatibility.Successful field trials on a major LOI project, enabling the company to proceed to production and initial shipments starting December 2025.Revenue outlook increases from $78M to over $100M, supported by multi-year depl ...
AmpliTech Group, Inc. 2025 Q3 - Results - Earnings Call Presentation (NASDAQ:AMPG) 2025-11-14
Seeking Alpha· 2025-11-14 17:03
Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to blocked access, necessitating their temporary disablement [1]
AmpliTech (AMPG) - 2025 Q3 - Earnings Call Transcript
2025-11-14 14:32
Financial Data and Key Metrics Changes - Quarterly revenue reached $6.09 million, a 115% increase compared to $2.83 million in Q3 2024 [4] - Gross profit more than doubled to $2.96 million, representing a 48.6% gross margin, up from 47.5% in the prior year [4] - EBITDA positive of nearly $200,000, indicating substantial improvement in operating performance [4] - Net loss narrowed significantly to $188,000 compared to a net loss of $1.19 million in Q3 2024 [4] - Year-to-date revenue surged 171% to $20.7 million compared to $7.7 million in the same period last year [5] - Net loss reduced by nearly 50%, improving from $7.4 million in 2024 to $3.8 million in 2025 [5] Business Line Data and Key Metrics Changes - Growth driven by the successful integration of AmpliTech's 5G ORAN technology and strong momentum in low-noise amplifiers and 5G infrastructure systems [5] - Continued investment in R&D increased by 60%, supporting new product development in MIMO 64P64R ORAN radios and private 5G network systems [5] Market Data and Key Metrics Changes - The company anticipates double-digit gross margins in Q4 2025 and 2026 as production costs normalize [7] - Projected revenue for fiscal year 2026 is at least $50 million, effectively doubling the projected record fiscal year 2025 revenue of at least $25 million [7] Company Strategy and Development Direction - The integration of ORAN IP portfolio positions AmpliTech as a U.S.-based vertically integrated supplier for next-generation open RAN 5G radios [6] - The company aims for a 25%-30% annual revenue growth through 2030, driven by ORAN 5G LOIs with two different customers [10] - The rights offering is designed to strengthen the balance sheet without incurring expensive debt, supporting growth while respecting long-term shareholders [12] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability in fiscal year 2026, assuming the continuation of current order pace and margin recovery [7] - The company is positioned to deliver successive quarters of growth and enhanced shareholder value, with a healthy balance sheet and zero long-term debt [16] Other Important Information - The rights offering is priced at $4 per unit, providing growth capital for scaling ORAN product lines and expanding domestic production [6] - The company plans to use proceeds from the rights offering to scale production, fund inventory, and complete necessary certifications [14][15] Q&A Session Summary Question: Will the rights be traded when distributed? - Yes, the rights are expected to be traded when distributed [20][21] Question: Can you provide more details on gross margins for new products? - Specific gross margin information cannot be disclosed due to competitive nature, but the company expects at least double-digit gross margins on all products [23][24] Question: Historically, gross margins have been around 30-40%. Will this continue? - The company has recovered to over 40% gross margins in Q3 and will continue to allocate capital to improve margins [24][25]
AmpliTech (AMPG) - 2025 Q3 - Earnings Call Transcript
2025-11-14 14:32
Financial Data and Key Metrics Changes - Quarterly revenue reached $6.09 million, a 115% increase compared to $2.83 million in Q3 2024 [4] - Gross profit more than doubled to $2.96 million, representing a 48.6% gross margin, up from 47.5% in the prior year [4] - EBITDA positive of nearly $200,000, indicating substantial improvement in operating performance [4] - Net loss narrowed significantly to $188,000 compared to a net loss of $1.19 million in Q3 2024 [4] - Year-to-date revenue surged 171% to $20.7 million compared to $7.7 million in the same period last year [5] - Net loss reduced by nearly 50%, improving from $7.4 million in 2024 to $3.8 million in 2025 [5] Business Line Data and Key Metrics Changes - Growth driven by the successful integration of AmpliTech's 5G ORAN technology and strong momentum in low-noise amplifiers and 5G infrastructure systems [5] - Continued investment in R&D increased by 60%, supporting new product development in MIMO 64P64R ORAN radios and private 5G network systems [5] Market Data and Key Metrics Changes - The company anticipates double-digit gross margins in Q4 2025 and 2026 as production costs normalize [7] - Projected revenue for fiscal year 2026 is at least $50 million, effectively doubling the projected record fiscal year 2025 revenue of at least $25 million [7] Company Strategy and Development Direction - The integration of ORAN IP portfolio positions AmpliTech as a U.S.-based vertically integrated supplier for next-generation open RAN 5G radios [6] - The company aims for a 25%-30% annual revenue growth through 2030, driven by ORAN 5G LOIs with two different customers [10] - The rights offering is designed to strengthen the balance sheet without incurring expensive debt, supporting growth while respecting long-term shareholders [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability by fiscal year 2026, assuming the continuation of current order pace and margin recovery [7] - The company is positioned to deliver successive quarters of growth and enhanced shareholder value, with expectations of receiving additional orders [16] Other Important Information - The rights offering is priced at $4 per unit, providing growth capital for scaling ORAN product lines and expanding domestic production [6] - The company plans to use proceeds from the rights offering to scale production, fund inventory, and complete necessary certifications [14][15] Q&A Session Summary Question: Will the rights be traded when distributed? - Yes, the rights are expected to be traded when distributed [20][21] Question: Can you provide more details on gross margins for new products? - Specific gross margin information cannot be disclosed due to competitive nature, but the company expects at least double-digit gross margins on all products [23][24] Question: Historically, gross margins have been around 30-40%. Will this continue? - The company has recovered to over 40% gross margins in Q3 and will continue to allocate capital to improve margins [24][25]