AmpliTech's 5G Division Secures $11M Company-Record Purchase Orders As Part Of New Multi-Year LoI From Tier 1 North American Mobile Network Operator

HAUPPAUGE, N.Y., April 16, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG, AMPGW))), a leading designer, developer, and manufacturer of advanced signal processing components for satellite, public and private 5G, and other communications networks, including full 5G/6G system design and global distribution of integrated circuit assembly packages and lids, today announced the receipt of company-record Purchase Orders valued at approximately US$11 million. These orders are part of a multi-year Letter of Intent (LOI) from a Tier 1 Mobile Network Operator (MNO) in North America, further solidifying AmpliTech's position as a key provider of ORAN 5G radio solutions.

This new LOI follows closely on the heels of another major US$78 million LOI announced earlier this month, bringing the total value of signed LOIs with two leading ORAN 5G telecom customers, to over US$100 million. To date, AmpliTech has received approximately US$12 million in firm purchase orders under these agreements, all of these deliverable within FY2025.

Looking forward, AmpliTech expects continued momentum in the 5G ORAN sector through deepening collaborations with these Tier 1 telecom partners. The confidence these companies have placed in AmpliTech's advanced manufacturing capabilities and engineering excellence further underscores the company's rising stature in the industry.