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AmpliTech Group’s 5G Division Receives Follow On Order As Part Of $78M LOI For 5G ORAN Radios From Strategic Open RAN Systems Integrator And Global Deployment Partner
Globenewswire· 2025-06-24 12:30
Core Insights - AmpliTech Group, Inc. has received a follow-on purchase order exceeding US$1 Million as part of a significant Letter of Intent (LOI) from a Strategic Open RAN Systems Integrator, highlighting its strong position in the ORAN 5G radio solutions market [1][3] - The company is also fulfilling over $10 Million in orders from another major 5G player, with production ramping up effectively since April [2] - The recent follow-on order is part of a larger $78 Million LOI, demonstrating customer confidence in AmpliTech's ability to manage large orders and meet delivery timelines [3] Company Strategy - AmpliTech's strategy focuses on capitalizing on growth opportunities in the expanding ORAN 5G market, supported by partnerships with two major industry players [4] - The company has achieved CE/REACH and FCC certifications, enabling its products for global deployment, thereby establishing itself as a trusted innovator in the global 5G ORAN ecosystem [4] Company Overview - AmpliTech Group, Inc. operates through five divisions and is a leading designer, developer, manufacturer, and distributor of advanced RF microwave components and 5G network solutions [5] - The company serves various global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, emphasizing its commitment to technology and innovation [5]