AmpliTech Group Receives Nearly $5 Million in Follow-On Orders From LOI Customers

Rhea-AI Summary

AmpliTech (NASDAQ: AMPG) said it received nearly US$5 million in follow-on purchase orders from two LOI customers, with deliveries scheduled in Q1 and Q2 2026. The orders continue activity under AmpliTech’s expanded US$100 million LOI, for which initial production shipments begin later this month. Management noted customer forecasts that could lead to larger orders as program rollouts advance.

The company reported ongoing execution across ORAN 5G systems, Private 5G solutions, Satcom & LNA products, and cryogenic/quantum technologies, and highlighted progress toward ORAN certification on MIMO 64T64R radios and milestone-based shipments under the LOI.

Positive

• Nearly US$5M in follow-on purchase orders
• Deliveries scheduled in Q1–Q2 2026
• Expanded US$100M LOI with initial shipments starting this month
• Active shipments and integration progress in ORAN 5G

Negative

• Order volume relies on two LOI customers (customer concentration)
• Deliveries concentrated in early 2026, increasing near-term execution dependency

News Market Reaction

+8.06%

2 alerts

+8.06% News Effect

+7.3% Peak Tracked

+$5M Valuation Impact

$69M Market Cap

0.1x Rel. Volume

On the day this news was published, AMPG gained 8.06%, reflecting a notable positive market reaction. Argus tracked a peak move of +7.3% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $5M to the company's valuation, bringing the market cap to $69M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Follow-on orders: nearly US$5 million LOI size: US$100 million Delivery timing: Q1–Q2 2026 +5 more

8 metrics

Follow-on orders nearly US$5 million Follow-on purchase orders from two LOI customers

LOI size US$100 million Expanded LOI underpinning ongoing deployment activity

Delivery timing Q1–Q2 2026 Scheduled delivery window for follow-on orders

Initial shipments later this month Start of production shipments under US$100M LOI

Current price $3.38 Price before this news, vs 52-week range $0.8475–$6.43

52-week high discount -47.43% Price vs 52-week high before this news

52-week gain vs low 298.82% Price vs 52-week low before this news

Market cap $72,233,333 Equity value prior to follow-on order announcement

Market Reality Check

Price: $3.00 Vol: Volume 406,658 is 38% bel...

low vol

$3.00 Last Close

Volume Volume 406,658 is 38% below 20-day average 658,959. low

Technical Price $3.38 is trading above 200-day MA at $2.70.

Peers on Argus

Sector peers show mixed moves: CMTL down 10.49%, while others like LTRX and INSG...

1 Down

Sector peers show mixed moves: CMTL down 10.49%, while others like LTRX and INSG had positive single-day changes but are not in the momentum scanner, suggesting stock-specific drivers for AMPG.

Historical Context

5 past events · Latest: Dec 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 08	5G testing milestone	Positive	+3.3%	Completion of initial PlugFest testing for 64T64R Massive MIMO O-RU.
Dec 08	Rights offering update	Neutral	+3.3%	Reminder of unit rights offering terms and upcoming expiration.
Dec 04	Shareholder meeting/demo	Positive	+4.3%	Announcement of annual meeting and ORAN 5G investor demo day.
Dec 03	Follow-on LOI orders	Positive	+8.1%	Nearly US$5M in follow-on orders under US$100M LOI.
Dec 01	Product launch	Positive	-3.3%	Launch of Band 50 Open RAN radios with production shipments set for Dec 2025.

Pattern Detected

Recent AMPG news has often seen positive single-digit gains, with one notable pullback on a product launch headline.

Recent Company History

Over the last weeks, AmpliTech reported a new Band 50 Open RAN radio launch, significant follow-on orders under a US$100 million LOI, an upcoming shareholder meeting with an ORAN 5G demo, and completion of initial 64T64R Massive MIMO O-RU PlugFest testing. These updates, alongside a capital-raising rights offering, show a mix of commercialization, technology validation, and financing. The current follow-on order update fits into this pattern of scaling 5G and Satcom deployments into 2026.

Market Pulse Summary

The stock moved +8.1% in the session following this news. A strong positive reaction aligns with pri...

Analysis

The stock moved +8.1% in the session following this news. A strong positive reaction aligns with prior AMPG news, where several recent technology and contract updates saw single-digit percentage gains following announcements. The confirmation of nearly US$5 million in follow-on orders under a broader US$100 million LOI reinforces revenue visibility into 2026. However, investors have also seen rights-offering related dilution risk and at least one instance where a positive product launch coincided with a -3.33% move, highlighting the potential for reversals.

Key Terms

ORAN 5G, Private 5G, Satcom, LNA, +2 more

6 terms

ORAN 5G technical

"Operational Progress Across Business Units AmpliTech continues to advance program schedules..."

Oran 5G refers to the Open Radio Access Network approach applied to fifth-generation mobile networks, where radio and network components use standardized, open interfaces so parts from different suppliers can work together. For investors, it matters because open RAN can lower deployment costs, increase supplier competition and innovation, and change who benefits from 5G upgrades—similar to replacing a proprietary appliance ecosystem with interchangeable parts that are cheaper and easier to swap.

Private 5G technical

"Private 5G Solutions: Engagements continue with enterprises and government-related organizations..."

A private 5G network is a company-owned wireless system that uses 5G technology to give an organization its own fast, secure, and low-delay connection, like having a private highway for data instead of using a public road. Investors care because it can boost productivity, enable automation and new services, reduce risk from public networks, and create revenue or cost-saving opportunities for equipment makers, system integrators, and operators building or supporting these networks.

Satcom technical

"Satcom & LNA Products: Demand remains steady for the Company’s ultra-low-noise amplifiers..."

Satcom, short for satellite communications, uses orbiting satellites as relay stations to send and receive voice, data and video between distant or hard-to-reach locations, effectively acting like cell towers in space. It matters to investors because satcom services support broadband, broadcasting, defense links and connected devices, often producing steady customer revenue but requiring large upfront costs, regulatory approvals and sensitivity to launch technology and spectrum access — all factors that influence company value.

LNA technical

"Satcom & LNA Products: Demand remains steady for the Company’s ultra-low-noise amplifiers..."

Locked nucleic acid (LNA) is a chemical modification of the building blocks of RNA that makes short genetic probes or drug-like molecules bind more tightly and resist breakdown in the body. Think of it as adding structural “brace” to a fragile thread so it holds its shape and sticks to its target more reliably. For investors, LNA can improve the potency, durability and diagnostic accuracy of RNA-based therapies and tests, which can shorten development time, lower doses, and increase commercial value.

cryogenic amplifiers technical

"Customers developing next-generation sensing and quantum systems continue to evaluate AmpliTech’s cryogenic amplifiers..."

Cryogenic amplifiers are devices that boost extremely weak electrical signals while operating at very low temperatures, often close to absolute zero. By reducing electrical noise like putting a conversation in a quiet room, they let sensitive instruments — used in fields such as quantum computing, radio astronomy, and advanced medical imaging — detect and process faint signals more reliably, making them important for investors because they can enable performance advantages, new product capabilities, and potential market differentiation.

quantum systems medical

"Customers developing next-generation sensing and quantum systems continue to evaluate AmpliTech’s cryogenic amplifiers..."

Quantum systems are devices and technologies that use the unusual behavior of very small particles to perform tasks like computing, sensing, or secure communication in ways conventional machines cannot. For investors, they matter because they can create new markets or disrupt existing ones by solving certain problems far faster or more precisely than today’s technology, but they also carry high technical risk, long development timelines, and significant upfront costs.

AI-generated analysis. Not financial advice.

Company Provides Business Update as ORAN 5G, Satcom, and Private 5G Programs Progress

HAUPPAUGE, N.Y., Dec. 03, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (NASDAQ: AMPG) (“AmpliTech” or the “Company”) today announced that it has received nearly US$5 million in follow-on purchase orders from its two LOI customers. These orders, scheduled for delivery in the first and second quarters of 2026, represent a continuation of deployment activity under the Company’s expanded US$100 million LOI, for which initial production shipments begin later this month. Customer forecasts indicate that additional larger orders may be issued as program rollouts advance.

In addition to the new orders, the Company is providing a general business update regarding ongoing execution across its core technology and product divisions.

Operational Progress Across Business Units

AmpliTech continues to advance program schedules and customer engagements across its diversified technology portfolio:

• ORAN 5G Systems: The Company is actively shipping under existing agreements and progressing through required certification and integration milestones with partners.
• Private 5G Solutions: Engagements continue with enterprises and government-related organizations evaluating secure, customizable network deployments.
• Satcom & LNA Products: Demand remains steady for the Company’s ultra-low-noise amplifiers, LNBs, and related components used in satellite communications, defense, and high-reliability applications.
• Cryogenic & Quantum-Driven Technologies: Customers developing next-generation sensing and quantum systems continue to evaluate AmpliTech’s cryogenic amplifiers for high-sensitivity use cases.
  
  

These activities reflect the Company’s ongoing execution of its long-term strategic plan and alignment with customer timelines.

Management Commentary

“Our focus remains on delivering reliable, high-performance solutions that support our customers’ evolving needs across 5G, Satcom, and advanced communications applications,” said Fawad Maqbool, Founder and CEO of AmpliTech Group. “The follow-on orders announced today represent continued progress under our existing LOI commitments, and we look forward to supporting our customers as their deployment requirements scale into 2026.”

Forward Outlook

The Company expects to provide further updates regarding:

• Progress toward ORAN certification on MIMO 64T64R ORAN 5G radios
• Milestone-based shipments under the multi-year LOI
• Active engagements in Private 5G and Satcom deployments
• Developments across its engineering, semiconductor, and systems-integration capabilities
  
  

AmpliTech remains focused on disciplined execution, customer delivery, and transparent communication as program activities continue to advance.

About AmpliTech Group

AmpliTech Group, Inc., comprising five divisions, AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services, is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com or amplitech5G.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 additional larger orders will be received or lead to further production orders, financing, growth and profitability. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" for 5G orders 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
X: @AmpliTechAMPG
Instagram: @AmpliTechAMPG
Facebook: AmpliTechInc
LinkedIn: AmpliTech Group Inc

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

Investor Relations Contact:
Kirin Smith
PCG Advisory, Inc.
ksmith@pcgadvisory.com

FAQ

What follow-on orders did AmpliTech (AMPG) announce on December 3, 2025?

AmpliTech announced nearly US$5 million in follow-on purchase orders from two LOI customers, scheduled for delivery in Q1 and Q2 2026.

How does the nearly US$5M in orders relate to AmpliTech's US$100M LOI (AMPG)?

The orders represent continued deployment activity under AmpliTech’s expanded US$100 million LOI, with initial production shipments beginning later this month.

When will AmpliTech (AMPG) begin initial production shipments under the LOI?

The company said initial production shipments under the expanded LOI begin later this month (December 2025).

What programs did AmpliTech (AMPG) highlight in its December 3, 2025 update?

AmpliTech highlighted progress in ORAN 5G systems, Private 5G, Satcom & LNA products, and cryogenic & quantum technologies.

Could AmpliTech (AMPG) receive larger orders beyond the US$5M announced?

The company reported customer forecasts indicating that additional larger orders may be issued as program rollouts advance.

What near-term execution risks did AmpliTech (AMPG) disclose on December 3, 2025?

The update shows delivery concentration in Q1–Q2 2026 and reliance on two LOI customers, which could increase near-term execution dependency.