AmpliTech Group, Inc. (NASDAQ: AMPG) today provided additional information concerning the company's 5G pipeline, announced the date for its conference call to discuss FY2025 results, and reaffirmed previously provided revenue guidance for FY2026.
The company continues to advance its O-RAN compliant 5G radio portfolio, including its flagship Massive MIMO 64T64R product, which has achieved O-RAN compliance certification. The commercial pipeline includes multiple active programs with global telecommunications customers, including previously disclosed Letters of Intent (LOIs) and multi-phase deployment frameworks representing significant multi-year opportunities.
As part of this pipeline, the company has initiated production shipments under previously disclosed LOI programs, including $20 million+ under the $40 million LOI. Additionally, the company has received approximately $5 million in funded purchase orders towards the $78 million signed LOI, which based on forecasts is expected to grow past $100 million in total revenues. Additional purchase orders are expected as deployments scale across multiple customers and configurations.
The $78 million LOI referenced in the company's recent disclosures reflects a defined program scope within this broader pipeline, which has evolved through ongoing commercial negotiations and structuring of multi-phase deployments.
Based on current backlog, active customer programs, and ongoing conversion of LOIs into purchase orders, AmpliTech reaffirms its expectation to achieve at least $50 million in revenue for fiscal year 2026.
The company will hold a conference call on Thursday, April 9th, 2026 at 5:00 PM ET to discuss FY2025 results. Dial-in numbers are 1-833-630-0019 (domestic) or 1-412-317-1807 (international). An audio replay and transcript will be posted on the company's news page when available. Investor questions may be submitted to investors@amplitechgroup.com prior to the call.
AmpliTech Group designs, develops, and manufactures advanced RF and microwave signal-processing components and systems for satellite, 5G/6G telecom, quantum computing, defense, and space applications. Through continuous innovation and U.S.-based manufacturing, AmpliTech is enabling the next generation of connectivity and communication systems. For further information, visit www.amplitechgroup.com.
This release contains 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. Other risks are identified in the "Risk Factors" section of the company's filings with the SEC, available on the company's website.
