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 represent incremental demand beyond the initially contemplated volumes, 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 backlog provides operational visibility and underscores the continued trust in AmpliTech's technology.
Fawad Maqbool, CEO and CTO of AmpliTech Group, stated, "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. 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 is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (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, please visit www.amplitechgroup.com.
The latest news and updates relating to $AMPG are available in the company's newsroom at https://tinyurl.com/ampgnewsroom.
