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AmpliTech Group To Participate In The “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented By Maxim Group LLC
Prism Media Wire· 2025-06-02 13:00
AmpliTech Group To Participate In The “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented By Maxim Group LLC Hauppauge, NY, June 2, 2025 – PRISM MediaWire – AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly pack ...
AmpliTech Group Achieves FCC Certification For Its 5G ORAN Medium Power Radios For Private 5G (P5G) Deployments In US
Globenewswire· 2025-05-28 13:40
HAUPPAUGE, N.Y., May 28, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly packages and lids, today proudly announces a significant milestone: the FCC Certification of its cutting-edge ORAN MPRU-Gen3-3537-AE-AI 5G radios. This achievement m ...
AmpliTech (AMPG) - 2025 Q1 - Earnings Call Transcript
2025-05-15 22:02
Amplitech Group (AMPG) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Jorge Flores - Chief Operating OfficerFawad Maqbool - Founder, Chairman, President, CEO, CTO & Treasurer Conference Call Participants Jack Vander Aarde - SVP & Senior Research AnalystVishal Mishra - Research Analyst Operator Good afternoon, and welcome to the Ambly Tech Group's First Quarter twenty twenty five Investors Update Call. Today's call will cover the company's financial results and strategic progress for the ...
AmpliTech (AMPG) - 2025 Q1 - Earnings Call Transcript
2025-05-15 22:00
Amplitech Group (AMPG) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Ambly Tech Group's First Quarter twenty twenty five Investors Update Call. Today's call will cover the company's financial results and strategic progress for the quarter ended 03/31/2025. All participants will be in listen only mode during the presentation. A Q and A session will follow management's remarks. This call is being recorded, a replay will be made available on Amplitec's Investor Rela ...
AmpliTech (AMPG) - 2025 Q1 - Quarterly Report
2025-05-15 12:00
Revenue and Sales Performance - Revenues increased from $2,293,331 for the three months ended March 31, 2024, to $3,599,099 for the three months ended March 31, 2025, an increase of approximately 56.94%[181] - 5G sales were approximately $75,000, while Spectrum sales increased by $1,361,099, or 108.67%, attributed to a rebound in the Asian markets[181] Profit and Loss - Gross profit increased to $1,187,870 for the three months ended March 31, 2025, compared to $882,630 for the same period in 2024, an increase of 34.58%[182] - The Company reported a net loss of $1,840,521 for the three months ended March 31, 2025, compared to a net loss of $4,655,161 for the same period in 2024[188] Research and Development - Research and development costs rose to $739,673 for the three months ended March 31, 2025, from $276,755 in 2024, an increase of 167.27%[185] Financial Agreements and Transactions - The Company entered into an equity distribution agreement to offer and sell shares of common stock with an aggregate offering price of up to $25 million[169] - An asset purchase agreement was signed for the acquisition of assets, including intellectual property, for a total purchase price of $8,000,000[171] - A non-binding letter of intent was established for the purchase of $78 million of the Company's Oran radios, with $810,000 in purchase orders received to date[178] Investment and Financial Position - The Company recorded a complete loss from the investment in digital assets of $3,248,911 due to fraudulent transactions[168] - The outstanding balance on the Revolving Line of Credit was $0 as of March 31, 2025, with a credit limit of up to $750,000 established for general working purposes[174] - As of March 31, 2025, the company had cash and cash equivalents of $16,942,201, a decrease from $19,315,984 as of December 31, 2024[193] - Working capital as of March 31, 2025, was $24,600,230, down from $26,795,745 as of December 31, 2024[193] - The accumulated deficit increased to $22,852,648 as of March 31, 2025, compared to $21,012,127 at the end of 2024[193] - The company believes it can meet its obligations and capital requirements for the next 12 months based on its current cash and cash equivalents and forecasted cash flows[194] Accounting and Regulatory Compliance - There have been no significant changes to critical accounting policies during the three-month period ended March 31, 2025[196] - The company regularly assesses the impact of changes in laws and regulations on its operations[197] - No off-balance sheet transactions were reported[198] - Smaller reporting companies are not required to provide detailed market risk disclosures[199]
AmpliTech Group Reports Q1 FY2025 Results and Signals Positive Outlook with Record Bookings and Strategic IP Advancements
GlobeNewswire News Room· 2025-05-15 12:00
HAUPPAUGE, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leader in the design and manufacture of advanced signal processing components for satellite, public and private 5G, and other communications systems, today reported its financial results for the first quarter ended March 31, 2025. Although Q1 results were not stellar, the company also shared encouraging revenue guidance for FY2025, driven by significant customer demand and the successful execution of IP- centere ...
AmpliTech Group Division AmpliTech Inc. Receives Division Record Purchase Orders of $2 Million From Fortune 500 Company
Globenewswire· 2025-04-28 12:30
Also Announces Company's Record Backlog Of $19.8 Million, All Deliverable In FY2025! HAUPPAUGE, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly packages and lids, today is proud to announce a landmark achievement: our Ampl ...
AmpliTech Group Achieves REACH and RoHS Certification For Its 5G ORAN Low Power and Mid Power Radios, Reinforcing Commitment to Sustainability and Compliance
Newsfilter· 2025-04-21 12:30
HAUPPAUGE, N.Y., April 21, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG, AMPGW)), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly packages and lids, today is proud to announce that its 5G ORAN Low Power (LPRU) and Mid Power (MPRU) radios have successfully received REACH and RoHS certification ...
AmpliTech Group’s 5G Division Secures Company-Record Approx. US$11 Million Purchase Orders As Part Of A New Multi-Year LOI From Tier 1 North American MNO
Globenewswire· 2025-04-16 14:40
Core Insights - AmpliTech Group, Inc. has received record Purchase Orders valued at approximately US$11 million, part of a multi-year Letter of Intent (LOI) from a Tier 1 Mobile Network Operator in North America, reinforcing its position in the ORAN 5G market [1][3][4] - The company has signed LOIs totaling over US$100 million with two leading ORAN 5G telecom customers, with approximately US$12 million in firm purchase orders expected to be delivered within FY2025 [2][4] Company Developments - CEO Fawad Maqbool highlighted that the recent orders affirm the commercial readiness of AmpliTech's 5G ORAN radios and signify the company's emergence as a frontrunner in the global ORAN 5G marketplace [3][4] - The back-to-back agreements are seen as a significant turning point for AmpliTech, as they aim to expand their presence in the next-generation 5G ORAN telecom landscape [3][4] - COO Jorge Flores emphasized that these achievements lay the foundation for transformative growth and validate AmpliTech's 5G ORAN technology through orders from a leading MNO [4] Industry Context - AmpliTech Group operates in the advanced signal processing components sector for satellite, public and private 5G, and other communications networks, indicating a strong commitment to technology and innovation [6]
AmpliTech Group's 5G Division Secures Company-Record Approx. US$11 Million Purchase Orders As Part Of A New Multi-Year LOI From Tier 1 North American MNO
Prism Media Wire· 2025-04-16 14:39
AmpliTech Group’s 5G Division Secures Company-Record Approx. US$11 Million Purchase Orders As Part Of A New Multi-Year LOI From Tier 1 North American MNO HAUPPAUGE, N.Y., April 16, 2025 – PRISM MediaWire – AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly packages ...