AmpliTech Group Receives Approximately $7.3 Million in Follow-On O-RAN 5G Orders
HAUPPAUGE, N.Y., Aug. 27, 2026 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ: AMPG, AMPGZ) (the “Company” or “AmpliTech”), a designer, developer, and manufacturer of advanced radio frequency (RF) microwave components, 5G communication systems, and quantum computing low-noise amplifiers (LNAs), today announced that it has received approximately $7.3 million in follow-on orders supporting deployments for an Asian mobile network operator ("MNO") in connection with the Company's previously announced 5G O-RAN radio Letter of Intent ("LOI") program. The orders represent renewed purchasing activity under the program following deployment of AmpliTech's O-RAN radios at end-customer 5G sites.
"We are very pleased to receive approximately $7.3 million in follow-on orders supporting this Asian MNO deployment. We believe repeat orders following deployment represent strong commercial validation of our technology and execution capabilities," said Fawad Maqbool, Chairman, CEO and CTO of AmpliTech Group. "Together with the follow-on orders recently received in support of our North American MNO program, we believe these orders reflect continued customer confidence in our ability to perform in real-world O-RAN networks. They also restore meaningful momentum under the previously announced LOI program and further strengthen AmpliTech’ s commercial position as we focus on converting our growing opportunity pipeline into shipments and revenue."
About AmpliTech Group, Inc.
AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGZ) is a designer, developer, and manufacturer of advanced RF and microwave signal processing components and next-generation 5G infrastructure systems. The company's product portfolio spans low noise amplifiers, cryogenic amplifiers, Massive MIMO O-RAN radio systems, and 5G Network-in-a-Box solutions, serving customers across defense, satellite communications, quantum computing, and telecommunications. AmpliTech is the only American company to have designed and commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit. All products are designed and engineered in the United States. For more information, 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 these follow on orders will have any effect on the current pricing of the AMPG publicly traded shares and Rights. The previously announced LOI is non-binding. Any additional orders beyond those announced today remain subject to definitive purchase orders, customer deployment schedules and other customary conditions. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" 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.
Contacts:
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Company Contact:
Jorge Flores
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Investors@amplitechgroup.com
