HAUPPAUGE, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, announces the receipt of additional purchase orders nearing $3 Million as part of their $40M Letter of Intent (LOI) from Tier 1 MNO announced earlier this year. These purchase orders underscores AmpliTech’s robust presence as a premier provider of ORAN 5G radio solutions.
“Receiving these follow-on orders as part of our agreed to LOI with TIER 1 MNO, further validates their confidence to continue placing orders with us. These additional orders are also deliverable within our Fiscal Year 2025. This nice addition to our ORAN 5G orders backlog, of which we are currently well advanced in our deliveries, shows the prowess of our supply chain in meeting critical weekly delivery requirements from 5G ORAN customers, which require quick and reliable service,” stated Fawad Maqbool, CEO/CTO of AmpliTech Group, “we now have reported follow-on orders in excess of $5 Million from both of our major LOIs recently announced, thereby validating our customer’s commitments to our solutions,” concluded Mr. Maqbool.
About
AmpliTech
Group
AmpliTech Group, Inc., comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services—is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and ORAN 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.
Safe
Harbor
Statement
This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that the receipt of the follow on order, product certification and customer relationships, will lead to further production orders, growth and profitability. The words “may” “would” “will” “expect” “estimate” “anticipate” “believe” “intend” for 5G orders and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward- looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website and with the SEC at sec.gov. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.
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