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AmpliTech Group Secures Over $2.5 Million in Follow-On Orders Under $40 Million LOI
Prism Media Wire· 2025-09-02 12:30
AmpliTech Group Secures Over $2.5 Million in Follow-On Orders Under $40 Million LOI Positioned for Growth as ORAN 5G and Private 5G Demand AcceleratesPR Audio:Hauppauge, NY, September 2, 2025 – PRISM MediaWire – (Press Release Service – Press Release Distribution) – AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer and manufacturer of advanced signal-processing components and 5G/6G systems, today announced follow-on purchase orders exceeding $2.5 million from a Tier-1 North American mobile ne ...
AmpliTech Group Secures Over $2.5 Million in Follow-On Orders Under $40 Million LOI; Positioned to Benefit from Expanding ORAN 5G and Private 5G Adoption
Globenewswire· 2025-09-02 12:30
Core Viewpoint - AmpliTech Group, Inc. has received follow-on purchase orders exceeding $2.5 million from a Tier-1 North American mobile network operator, bringing the cumulative total to approximately $18 million against a previously announced $40 million Letter of Intent [1][2]. Group 1: Company Performance and Orders - The recent orders highlight the customer's confidence in AmpliTech's ORAN 5G technology and the company's commitment to shareholder transparency [3]. - AmpliTech has shipped over 2,000 ORAN 5G radios to the customer to date [2]. Group 2: Product Offerings - AmpliTech provides complete Private 5G (P5G) end-to-end solutions that ensure secure, high-speed connectivity for homes and businesses [4]. - The P5G systems help fill coverage gaps and extend true 5G capabilities to a broader user base, complementing MNO rollouts [5]. Group 3: Market Position and Unique Offerings - AmpliTech is one of the few U.S.-based providers offering both commercial ORAN 5G radios and complete private 5G ecosystems, positioning the company uniquely in the market [6]. - The integrated networks have wide-ranging applications, including autonomous mobility, immersive technologies, healthcare, smart infrastructure, and industrial automation [7]. Group 4: Industry Catalysts - Several macroeconomic and technological drivers are fueling demand for advanced ORAN and P5G deployments, including government initiatives, economic efficiencies of ORAN architecture, and the global emphasis on secure supply chains [8].
AmpliTech Group Advances Strategic Growth Plan with Tier 1 Customer Base Penetration in Multi-Billion Dollar 5G Markets with Record Q2 Revenues
Globenewswire· 2025-08-14 20:03
Core Viewpoint - AmpliTech Group, Inc. reported record sales exceeding $11 million for Q2 2025, marking the highest quarterly sales in the company's history, and emphasized a strategic investment approach to secure long-term positions in high-growth sectors such as ORAN 5G networks, quantum computing, and satellite communications [1][6][12] Financial Performance - The company achieved sales of over $11 million in Q2 2025, surpassing total sales for the entire fiscal year 2024 [6] - Despite lower gross profit margins in Q2 2025 due to one-time costs associated with rapid product delivery, management expects regular gross margins to be achievable over the next six months [6][12] - Cash and cash equivalents as of June 30, 2025, were $16,423,238, with working capital of $16,163,710 and no long-term debt [6] - Revenue growth for FY 2025 is projected to exceed 100% year-over-year, with guidance increased to at least $24 million, representing a 140% increase over FY 2024 [12] Strategic Outlook - AmpliTech's focus on ORAN 5G networks, quantum computing, and satellite connectivity is expected to drive significant growth, with ORAN 5G infrastructure projected to reach over $42 billion globally by 2030 [4][7] - The company is uniquely positioned as the only U.S.-based provider of complete, vertically integrated networking solutions, which is expected to enhance its growth trajectory amid increasing demand for secure communications equipment [5][8] - Management believes that the strategy of accelerated market penetration and recurring follow-on orders will establish AmpliTech's products as embedded solutions in next-generation infrastructure [4][8] Market Position - AmpliTech's ORAN 5G radios are recognized as the largest deployment of their kind globally, positioning the company as a leader in the ORAN radio products market [11] - The company’s MMIC LNA modules and LNBs are expected to see growing demand as U.S. and allied nations transition away from foreign component suppliers, creating additional revenue streams with strong margin potential [8][11]
AmpliTech Group Joins Four Key Russell Indexes, Marking a Significant Milestone in Capital Market Recognition
Prism Media Wire· 2025-07-16 12:34
Core Viewpoint - AmpliTech Group, Inc. has been added to four major Russell indexes, marking a significant milestone in its recognition within the capital markets [1][2]. Company Overview - AmpliTech Group is a designer, developer, and manufacturer of advanced signal processing components for various communication networks, including satellite and 5G systems [1][5]. - The company operates through five divisions, focusing on radio frequency microwave components and ORAN 5G network solutions, serving global markets such as telecommunications, space exploration, and defense [5]. Market Recognition - Inclusion in the Russell 3000E, Russell 3000E Growth, Russell Microcap, and Russell Microcap Growth indexes enhances AmpliTech's visibility to institutional investors and signals its growth-oriented innovation in the communications sector [2][3]. - The index inclusion reflects growing institutional interest in AmpliTech's long-term vision and technology [3]. Recent Achievements - The company has secured multi-million-dollar follow-on purchase orders related to a $40 million Letter of Intent (LOI) for 5G ORAN radios from a Tier-1 mobile network operator, with shipments commencing in Q2 2025 [3]. - AmpliTech has received FCC, CE, and REACH certifications for its next-generation ORAN 5G radios, facilitating broader deployment in the U.S. for public and private networks [7]. Strategic Focus - Despite market volatility, AmpliTech's strong fundamentals and strategic focus position it for sustained long-term growth [4]. - The company has made strategic board appointments to enhance its engineering and policy expertise, guiding its next phase of growth [7].