AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGR, AMPGZ) announced today that it has received follow-on orders exceeding $2 million under a previously disclosed Letter of Intent (LOI) with a North American mobile network operator (MNO). These orders represent incremental demand beyond the initial volumes contemplated, driven by ongoing requirements for the radio configuration currently being delivered in the second quarter.
For the period from January 1 through the end of April 2026, the company recorded bookings exceeding $8 million across its business segments, bringing its total backlog to over $20 million. This backlog provides operational visibility and supports the company's focus on converting pipeline opportunities into revenue.
Fawad Maqbool, CEO and CTO of AmpliTech Group, commented, 'We are encouraged by the continued order activity under this previously announced LOI, particularly as these new follow-on orders represent demand beyond the originally anticipated volumes, with deliveries expected to extend into fiscal year 2026. This additional demand reflects the customer’s continued evaluation and utilization of our technology and our ability to support deployment requirements.'
The orders underscore the MNO's confidence in AmpliTech's technology and its ability to meet deployment needs. As shipments to this customer resumed during the current quarter, these orders contribute to the company's operational visibility for 2026 and support its focus on converting pipeline opportunities into revenue.
AmpliTech Group is a leading designer, developer, manufacturer, and distributor of cutting-edge RF microwave components and ORAN 5G network solutions, serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing. For more information, visit www.amplitechgroup.com.
This release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. For further details on risks, refer to the company's filings with the SEC at sec.gov.
