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, including additional quantities beyond those initially contemplated, 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 development underscores the sustained demand for AmpliTech's technology and its ability to support the MNO's 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.”
The LOI was initially announced as part of AmpliTech's broader strategy to expand its footprint in the 5G network solutions market. The company specializes in RF microwave components and ORAN 5G network solutions, serving satellite communications, telecommunications, space exploration, defense, and quantum computing sectors. For more information, visit www.amplitechgroup.com.
This announcement follows a series of positive developments for AmpliTech, including the resumption of shipments to the MNO in the current quarter. The increased order volume provides greater operational visibility for 2026 and reinforces the company's focus on converting its pipeline opportunities into revenue. The total backlog now stands at over $20 million, indicating strong future revenue potential.
The latest news and updates relating to $AMPG are available in the company’s newsroom at https://tinyurl.com/ampgnewsroom.
