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

AmpliTech Group (NASDAQ: AMPG) announced it has received approximately $7.3 million in follow-on orders for its 5G O-RAN radios, supporting deployments for an Asian mobile network operator under a previously announced, non-binding LOI program.

Rhea-AI Summary

AmpliTech Group (NASDAQ: AMPG) announced it has received approximately $7.3 million in follow-on orders for its 5G O-RAN radios, supporting deployments for an Asian mobile network operator under a previously announced, non-binding LOI program. According to AmpliTech, the repeat orders follow successful deployments at end-customer 5G sites and, together with earlier follow-on orders from a North American MNO program, restore momentum under the LOI and reinforce its commercial position in real-world O-RAN networks.

Positive

• $7.3 million in follow-on O-RAN 5G orders from an Asian MNO
• Repeat O-RAN radio orders received after deployments at end-customer 5G sites

Negative

• Previously announced O-RAN LOI is explicitly described as non-binding
• Any additional orders beyond the announced $7.3 million depend on definitive purchase orders and deployment schedules
• Company warns forward-looking statements involve risks and uncertainties; actual results may differ materially

News Explained

The announced approximately $7.3 million in follow-on orders have been received, while any orders beyond this announcement remain subject to definitive purchase orders, deployment schedules, and other customary conditions.

Argus Aug 27 session 21 alerts

+4.93% close to close 10.6x rel. volume Open Argus

Details

News Market Reaction – AMPG

+3.8% Peak in 8 hr 33 min

$115.37M Market Cap

On Aug 27, the day this news came out, AMPG closed 4.93% above the previous close. Argus tracked a peak move of +3.8% during that session. Our momentum scanner recorded 21 alerts for this stock that day. Relative volume reached 10.6x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 27 session.

Key Figures

Follow-on order value: $7.3 million

Follow-on order value

$7.3 million

Asian MNO deployment under the 5G O-RAN LOI program

Historical Context

5 past events · Latest: Aug 25

5 events

1. Aug 25

   Design wins

   24h Move

   +4.8%

   Three custom GaAs MMIC design wins supported a phased-array satellite communications platform.

2. Aug 13

   Q2 earnings report

   24h Move

   -33.3%

   Revenue and gross profit improved, but the quarterly net loss widened year over year.

3. Aug 10

   Results scheduling

   24h Move

   -1.9%

   The company scheduled its second-quarter results release and conference call for August 13.

4. Jul 29

   Follow-on orders

   24h Move

   -5.9%

   More than $6 million in July follow-on orders included nearly $4 million under a North American LOI.

5. Jul 22

   Radio certifications

   24h Move

   +6.2%

   FCC and ISED certifications authorized commercial deployment of the 4T8R Open RAN radio.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

o-ran, mno, loi, lnas

4 terms

o-ran technical

"5G O-RAN radio Letter of Intent"

O-RAN, short for Open Radio Access Network, is a way of building the wireless network pieces that connect phones and devices to the internet using open, standardized software and plug-and-play hardware instead of closed, single-vendor equipment. For investors it matters because open systems can lower costs, speed innovation, and increase supplier choice—while also creating new competitive and regulatory risks tied to interoperability, security, and supply chains.

mno technical

"Asian mobile network operator ("MNO")"

MNO stands for mobile network operator, a company that builds and runs the wireless networks people use for phone calls, texts and mobile data. Think of an MNO as the owner of the roads and toll booths for mobile traffic: its network quality, coverage and pricing shape how many customers it attracts and how much revenue each customer generates, so changes in an MNO’s spectrum, subscribers or regulations can have direct financial impact for investors.

loi financial

"previously announced 5G O-RAN radio Letter of Intent ("LOI")"

A letter of intent (LOI) is a short, nonbinding written note that outlines the basic terms two parties expect to follow when pursuing a deal such as an acquisition, partnership, or major contract. Like a handshake that records the main points before lawyers write the formal agreement, an LOI signals deal intent, timelines and key conditions — information investors use to gauge potential changes to a company’s value, while remembering the agreement can still change.

lnas technical

"quantum computing low-noise amplifiers (LNAs)"

Locked nucleic acids (LNAs) are chemically modified RNA building blocks used to make short strands of genetic material bind more tightly to their targets and resist breakdown in the body. Investors track LNAs because they can improve the stability, potency, and dosing of genetic therapies and diagnostic tests — like adding Velcro to a tiny patch so it holds better — which can influence a biotech program's effectiveness, development timeline, and commercial potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Repeat Orders Support Asian MNO Deployment and Reinforce Momentum Under Previously Announced LOI

HAUPPAUGE, N.Y., Aug. 27, 2026 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ: AMPG, AMPGZ) (the “Company” or “AmpliTech”), a designer, developer, and manufacturer of advanced radio frequency (RF) microwave components, 5G communication systems, and quantum computing low-noise amplifiers (LNAs), today announced that it has received approximately $7.3 million in follow-on orders supporting deployments for an Asian mobile network operator ("MNO") in connection with the Company's previously announced 5G O-RAN radio Letter of Intent ("LOI") program. The orders represent renewed purchasing activity under the program following deployment of AmpliTech's O-RAN radios at end-customer 5G sites.

"We are very pleased to receive approximately $7.3 million in follow-on orders supporting this Asian MNO deployment. We believe repeat orders following deployment represent strong commercial validation of our technology and execution capabilities," said Fawad Maqbool, Chairman, CEO and CTO of AmpliTech Group. "Together with the follow-on orders recently received in support of our North American MNO program, we believe these orders reflect continued customer confidence in our ability to perform in real-world O-RAN networks. They also restore meaningful momentum under the previously announced LOI program and further strengthen AmpliTech’ s commercial position as we focus on converting our growing opportunity pipeline into shipments and revenue."

About AmpliTech Group, Inc.

AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGZ) is a designer, developer, and manufacturer of advanced RF and microwave signal processing components and next-generation 5G infrastructure systems. The company's product portfolio spans low noise amplifiers, cryogenic amplifiers, Massive MIMO O-RAN radio systems, and 5G Network-in-a-Box solutions, serving customers across defense, satellite communications, quantum computing, and telecommunications. AmpliTech is the only American company to have designed and commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit. All products are designed and engineered in the United States. For more information, visit www.amplitechgroup.com

Safe Harbor Statement

This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that these follow on orders will have any effect on the current pricing of the AMPG publicly traded shares and Rights. The previously announced LOI is non-binding. Any additional orders beyond those announced today remain subject to definitive purchase orders, customer deployment schedules and other customary conditions. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward- looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website and with the SEC at sec.gov. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.

Contacts:

Corporate Social Media
LinkedIn: AmpliTech Group Inc.

Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AmpliTech (NASDAQ: AMPG) announce on August 27, 2026 about new O-RAN 5G orders?

AmpliTech announced approximately $7.3 million in follow-on orders for its 5G O-RAN radios from an Asian mobile network operator. According to AmpliTech, these orders support ongoing 5G deployments and represent renewed purchasing activity under its previously announced O-RAN radio LOI program.

How large are AmpliTech’s new follow-on O-RAN 5G orders and which customer program do they support (AMPG)?

The new follow-on orders total about $7.3 million and support an Asian mobile network operator’s 5G deployment program. According to AmpliTech, the orders follow deployment of its O-RAN radios at end-customer 5G sites and reflect renewed activity under its O-RAN LOI program.

Is AmpliTech’s O-RAN 5G LOI for these AMPG orders legally binding?

No, AmpliTech states the previously announced O-RAN LOI is non-binding and does not guarantee future purchases. According to AmpliTech, any additional orders beyond the approximately $7.3 million announced remain subject to definitive purchase orders and other customary conditions.

What does the $7.3 million follow-on O-RAN order mean for AmpliTech (AMPG) shareholders?

The orders provide approximately $7.3 million of follow-on business tied to existing 5G deployments with an Asian MNO. According to AmpliTech, repeat orders restore momentum under its O-RAN LOI program and contribute to converting its opportunity pipeline into shipments and revenue.

What risks did AmpliTech highlight about its new 5G O-RAN orders and LOI program (NASDAQ: AMPG)?

AmpliTech warned that forward-looking statements are not guarantees and outcomes may differ materially due to risks. According to AmpliTech, the LOI is non-binding and further orders depend on definitive purchase orders, customer deployment schedules, and other customary conditions that could affect actual results.

How do AmpliTech’s Asian and North American MNO programs relate to its O-RAN 5G strategy (AMPG)?

AmpliTech links the Asian and North American MNO follow-on orders as part of its broader O-RAN deployment effort. According to AmpliTech, these repeat orders demonstrate continued customer use of its O-RAN radios in real-world 5G networks and support its commercial positioning.