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.
Key figures
- Deal Value Usd
- 1030000
- Cash runway
- existing cash resources sufficient to fund planned operations through end of fiscal 2027
- Total backlog
- $52 million+
- Prior record order
- $21.7 million
- Backlog fulfillment window
- remainder of fiscal 2026 and fiscal 2027
AI analysis
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