AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGR, AMPGZ) today announced the receipt of follow-on orders exceeding $2 million under a previously disclosed Letter of Intent (LOI) with a North American mobile network operator (MNO). These orders reflect incremental demand beyond initial expectations, driven by ongoing requirements for the radio configuration currently being delivered during the Company’s second quarter.
For the period from January 1 through the end of April 2026, the Company has recorded bookings exceeding $8 million across its business segments, bringing its total backlog to over $20 million. This significant order activity highlights the customer’s continued evaluation and utilization of AmpliTech’s technology, as well as the Company’s ability to support deployment requirements.
“We are encouraged by the continued order activity under this previously announced LOI, particularly as these new follow-on orders represent demand beyond the originally anticipated volumes, with deliveries expected to extend into fiscal year 2026,” said Fawad Maqbool, CEO and CTO of AmpliTech Group. “This additional demand reflects the customer’s continued evaluation and utilization of our technology and our ability to support deployment requirements. As shipments to this customer resumed during the current quarter, these orders contribute to our operational visibility for 2026 and support our focus on converting pipeline opportunities into revenue.”
AmpliTech Group, 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 RF microwave components and ORAN 5G network solutions. The Company serves global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing. For more information, visit www.amplitechgroup.com.
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This release contains forward-looking statements regarding future performance and are subject to risks and uncertainties. Actual results may differ materially from those projected. Other risks are identified in the “Risk Factors” section of the Company’s filings with the SEC, available at sec.gov. The Company undertakes no obligation to update these statements except as required by law.
