AmpliTech Group Aktie
WKN DE: A2DKX8 / ISIN: US03211Q1013
24.07.2025 20:57:47
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AmpliTech Secures $5 Mln In Follow-On Orders From Tier-1 North American Mobile Operator
(RTTNews) - AmpliTech Group (AMPG) announced it has received approximately $5 million in follow-on orders from a Tier-1 North American mobile network operator.
Of this, $3 million is new orders beyond the previously disclosed $40 million LOI, signaling increased demand for its 5G Open RAN radio products. The remaining $2 million falls within the original agreement.
The surge in orders follows the successful Q2 2025 deployment of AmpliTech's solutions. Between July 1 and July 24, the company recorded over $7 million in total bookings, building on its earlier unaudited Q2 revenue of nearly $11 million.
CEO/CTO Fawad Maqbool noted that the additional orders outside the LOI reflect customer confidence and growing reliance on AmpliTech's 5G technology.
AMPG currently trades at $2.89, or 7.4349% higher on the NasdaqCM.

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