HAUPPAUGE, N.Y., July 24, 2025 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer and manufacturer of cutting-edge signal processing components for satellite, Public and Private 5G, and other advanced communications networks, including complete 5G/6G systems, and a global distributor of IC packaging solutions, today announced the receipt of approximately $5 million in follow-on orders from a Tier-1 North American mobile network operator (MNO).
Of the $5 million in new bookings, $3 million represent brand new orders above and beyond the previously disclosed $40 million Letter of Intent (LOI), reflecting growing demand for AmpliTech’s 5G Open RAN radio products. The remaining $2 million are additional quantities within the scope of the original LOI. The increased demand follows successful deployment and performance of configurations shipped during the second quarter of 2025.
From July 1 through July 24, AmpliTech has recorded company-wide bookings exceeding $7 million, further reinforcing the momentum in its 5G business. As previously announced, AmpliTech announced unaudited revenue results of nearly $11 million in Q2.
“Receiving new orders outside of our existing LOI is a strong indicator of our customer’s satisfaction and growing reliance on our 5G technology,” said Fawad Maqbool, CEO/CTO of AmpliTech Group. “The fact that these orders exceed the original scope of the LOI shows we are not only meeting expectations, but also generating incremental demand as our products prove their performance in the field.”
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 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 orders, 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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Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com
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