AmpliTech Group Receives $3 Million in New Orders Beyond $40 Million LOI, Plus $2 Million Within LOI from Tier-1 North American MNO

HAUPPAUGE, N.Y., July 24, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ:AMPG, AMPGW)), a designer and manufacturer of cutting-edge signal processing components for satellite, Public and Private 5G, and other advanced communications networks, including complete 5G/6G systems, and a global distributor of IC packaging solutions, today announced the receipt of approximately $5 million in follow-on orders from a Tier-1 North American mobile network operator (MNO).

Of the $5 million in new bookings, $3 million represent brand new orders above and beyond the previously disclosed $40 million Letter of Intent (LOI), reflecting growing demand for AmpliTech's 5G Open RAN radio products. The remaining $2 million are additional quantities within the scope of the original LOI. The increased demand follows successful deployment and performance of configurations shipped during the second quarter of 2025.

From July 1 through July 24, AmpliTech has recorded company-wide bookings exceeding $7 million, further reinforcing the momentum in its 5G business. As previously announced, AmpliTech announced unaudited revenue results of nearly $11 million in Q2.

"Receiving new orders outside of our existing LOI is a strong indicator of our customer's satisfaction and ...