Amplitech Group, Inc. Series B Right

AmpliTech Group Receives $1.03 Million Follow-On Order for Low-Noise Amplifiers from Fortune 1000 Satellite Communications Customer

AmpliTech Group received a $1.03 million follow-on order for low-noise amplifiers from a Fortune 1000 satellite communications customer, lifting total backlog to a record above $52 million. The company expects to fulfill the backlog through the remainder of fiscal 2026 and fiscal 2027, and said existing cash resources should fund planned operations through the end of fiscal 2027. CEO Fawad Maqbool also confirmed receipt of all remaining technical deliverables under the amended Titan Crest asset purchase agreement, with 5G revenue efforts focused on TELUS and other major MNOs and responses submitted to several large RFPs.

•18d ago

AmpliTech Group Receives Record $21.7 Million Purchase Order

AmpliTech Group received a $21.7 million follow-on purchase order for its 5G O-RAN radio products, the largest single purchase order in the company's history. The order supports deployments for an Asian mobile network operator under the previously announced $78 million LOI program, bringing cumulative orders to approximately $34 million, or nearly 44% of the LOI value. Total company backlog rose to a record $51 million, which management says confirms the commercial opportunity is converting into firm customer commitments.

•19d ago

AmpliTech Group Reports More Than $17 Million in Purchase Orders During Third Quarter of 2026

AmpliTech Group received more than $17 million in customer purchase orders during the third quarter ended September 30, 2026. The total includes follow-on orders for 5G Open RAN programs with Asian and North American mobile network operators, and more than 3,000 AmpliTech radio units have now been deployed in the North American MNO program. The company is also participating in large-scale RFPs for its O-RAN radio solutions, though these remain subject to customer evaluation and definitive purchase orders.

•25d ago

AmpliTech Group Receives Approximately $7.3 Million in Follow-On O-RAN 5G Orders

AmpliTech Group secured approximately $7.3 million in follow-on orders for 5G O-RAN radios from an Asian mobile network operator. This renewed purchasing activity follows successful deployments and confirms commercial validation of the company's RF microwave technology under a previously announced LOI program. Management highlighted that the orders restore momentum under the LOI and strengthen AmpliTech's commercial position as it targets pipeline conversion.

•2mo ago

AmpliTech Group's AGMDC Division Secures Three Competitive Design Wins for Advanced Phased-Array Satellite Communications Platform

AmpliTech Group's AGMDC division secured orders for three newly developed custom Gallium Arsenide components for an advanced phased-array satellite communications system. The design wins were competitively sourced based on performance, validating the division's engineering capabilities and positioning it for future production requirements. Management views the awards as a strategic step to deepen participation in next-generation satellite platforms and strengthen long-term customer relationships.

•2mo ago

AmpliTech Group Provides ORAN 5G Business and Financial Outlook Following Titan Crest Agreement Amendment, Positioned for Surging Global Open RAN Market

AmpliTech updated its business and financial outlook, citing a current order backlog of approximately $17 million and expectations that full-year 2026 revenue will exceed FY2025 levels. Management reaffirmed a path to positive EBITDA in Fiscal Year 2027, driven by improved margins on future ORAN orders as production scales and initial market-entry costs subside. The company is actively responding to a Tier-1 telecom infrastructure RFP that could represent tens of millions in value, while maintaining zero long-term debt and a share repurchase authorization.

•2mo ago

AmpliTech Group Receives FCC and ISED Certifications For Its Newly Released And Innovative AI-Ready 4T8R Open RAN Radio, Expanding Commercial Opportunities Across North America

AmpliTech Group announced receipt of FCC and ISED certifications for its AMP-4T8R-MPRU Open RAN Radio Unit, authorizing deployment in the United States and Canada. The 4T8R platform supports 3GPP Bands n7 and n30, O-RAN 7.2 Category A fronthaul, and is designed for AI-enabled automation in macro-cell deployments. CEO Fawad Maqbool noted that the certification represents a major milestone in the commercialization of the company's Open RAN portfolio.

•3mo ago

AmpliTech Group Approved for Membership in the AI-RAN Alliance, the Global Consortium Founded by Leading Technology Companies to Bring Artificial Intelligence to Wireless Networks

AmpliTech Group has been approved for membership in the AI-RAN Alliance, a global consortium integrating AI into radio access networks alongside founding members like Amazon, Microsoft, Nokia, and Samsung. The company leverages its expertise in ultra-low-noise amplifiers and proprietary MMIC designs to address the demanding requirements of AI-RAN architectures, building on its role as the hardware provider for the world's first open-source Massive MIMO AI-RAN demonstration. Industry analysts project significant growth in the sector, with Precedence Research estimating the AI-RAN market will expand from approximately $2.96 billion in 2025 to $37.19 billion by 2035.

•3mo ago

AmpliTech Group Rings the Nasdaq Opening Bell, Marking Five Years as a Public Company and Celebrating Record Growth in 5G Open RAN Infrastructure

AmpliTech Group marked its fifth anniversary as a public company by ringing the Nasdaq opening bell, highlighting its evolution into a vertically integrated signal technology group with four divisions. The company reported record fiscal year 2025 revenue of $25.2 million, representing 165% year-over-year growth, and first quarter 2026 revenue of $5.35 million, up 48.6% year-over-year with gross margins expanding to 48%. AmpliTech maintains zero long-term debt and holds a signed letter of intent pipeline exceeding $100 million for its 5G Open RAN radio platform, positioning itself as a domestic supplier in the critical communications infrastructure sector.

•3mo ago

AmpliTech Group’s 64T64R Massive MIMO Radio Featured in VIAVI VALOR Lab Demonstrations for AI-RAN Alliance Members

AmpliTech’s O-RAN CAT B 64T64R Massive MIMO radio was featured in live demonstrations at VIAVI Solutions’ VALOR Lab during a facility tour for AI-RAN Alliance members. The demonstrations provided independent validation of the radio’s performance in a multi-vendor environment, adding credibility ahead of potential commercial deployments. The VALOR lab has executed over 2,100 test runs and maintains a 75% occupancy rate, highlighting strong industry demand for this type of rigorous testing infrastructure.

•4mo ago

AmpliTech Group Announces Authorization of Up to $10 Million Stock Buyback Program and Terminates At-The-Market (ATM) Equity Offering

AmpliTech Group authorized a stock repurchase program of up to $10 million over the next 24 months and immediately terminated its At-The-Market (ATM) equity offering program. CEO Fawad Maqbool stated the move reflects confidence in long-term growth and is supported by a strong balance sheet, record revenue, and a growing order book. Management believes its current cash position and lack of debt are sufficient to fund growth initiatives without additional equity issuance.

•4mo ago

AmpliTech Group Strengthens ORAN 5G Growth Strategy with Addition of Two Senior Business Development Leaders

AmpliTech Group appointed Asif Hussain and Manish Jindal as senior business development leaders to drive its expanding 5G Open RAN commercial strategy. The new hires bring over 50 years of combined telecom experience, having held senior roles at major carriers and vendors including Nokia, Ericsson, and Charter Communications. Management expects these additions to accelerate the conversion of the company's qualified pipeline into booked revenue as it scales its O-RAN product portfolio.

•4mo ago