AmpliTech Receives Over $2.5M In Follow-On Orders From Tier-1 North American Mobile Network Operator, Totaling $18M To Date

AmpliTech Group, Inc. (NASDAQ:AMPG, AMPGW))), a designer and manufacturer of advanced signal-processing components for satellite, Public and Private 5G, and other communications networks, including complete 5G/6G systems, and a global distributor of IC packaging solutions, today announced receipt of follow-on purchase orders in excess of $2.5 million from a Tier-1 North American mobile network operator (MNO).

These additional orders bring the cumulative total received to approximately $18 million against the previously announced $40 million Letter of Intent (LOI). To date, AmpliTech has shipped more than 2,000 of its ORAN 5G radios to this customer.