AmpliTech Group Reports More Than $17 Million in Purchase Orders During Third Quarter of 2026

Repeat purchases support existing Asian and North American operator programs, while prospective customer opportunities remain conditional.

Rhea-AI Summary

AmpliTech Group (AMPG) received more than $17 million in customer purchase orders during the third quarter ended September 30, 2026.

The total includes previously announced follow-on orders for existing 5G Open RAN programs, which use open radio access network technology, serving Asian and North American mobile network operators. More than 3,000 radio units have now been deployed in its North American operator program. AmpliTech is also pursuing prospective customers through large-scale requests for proposals for its radio solutions. Those opportunities remain subject to customer evaluations, competitive selection and definitive purchase orders.

3 points · 1 major

PositiveiHow this balance works

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0 major · 1 point

How the balance works

Positive

• Major pointThird-quarter customer purchase orders exceeded $17 million, including follow-on orders for existing Asian and North American programs. 21% of market cap
• Minor pointNorth American operator program deployments now exceed 3,000 AmpliTech radio units.
• Minor pointAmpliTech is pursuing large-scale requests for proposals to expand its radio business with prospective customers.

Negative

• Minor pointProspective customer opportunities remain subject to evaluations, competitive selection and definitive purchase orders.

Argus 15 min delay 7 alerts

+4.49% vs previous close $2.79 last price 2.9x rel. volume Open Argus

Details

Market move: AMPG +4.49% vs previous close. Q3 2026 purchase orders

$2.57 – $3.12 Day Range

$83.82M Market Cap

On Oct 14, the day this news came out, the latest delayed price for AMPG is 4.49% above the previous close. Our momentum scanner has recorded 7 alerts for this stock so far that day. The latest delayed price is $2.79. Relative volume is elevated at 2.9x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Purchase orders: More than $17 million Radio units deployed: More than 3,000 radio units

Purchase orders

More than $17 million

Third quarter ended September 30, 2026; includes previously announced follow-on orders

Radio units deployed

More than 3,000 radio units

North American MNO program

Historical Context

1 past event · Latest: Aug 27

1 event

1. Aug 27

   Follow-on O-RAN orders

   24h Move

   +4.9%

   Earlier $7.3 million Asian MNO follow-on orders followed successful 5G site deployments under a non-binding LOI.

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

Key Terms

mnos, o-ran, lnas, rf

4 terms

mnos technical

"Asian and North American mobile network operators (“MNOs”)"

Mobile network operators (MNOs) are companies that own or control the wireless spectrum licenses and the physical network infrastructure (towers, radio equipment, core networks) used to provide mobile phone and data services directly to end customers. MNOs build and maintain the radio access and core networks, sell service plans, and may wholesale capacity to other providers; they are distinct from mobile virtual network operators (MVNOs), which resell service without owning the underlying spectrum or network.

o-ran technical

"existing 5G Open RAN programs"

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.

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.

rf technical

"advanced radio frequency (RF) microwave components"

rf (commonly written r_f) denotes the risk-free rate — the theoretical return on an investment with no chance of loss, often used as a baseline for valuing other assets. Investors use it like a yardstick: returns above this number compensate for extra risk, so it helps price stocks, bonds and option valuations and guides decisions about whether higher-return opportunities justify their added risk. Think of it as the safe deposit box interest rate against which riskier bets are measured.

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

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Continued Repeat Orders Supporting Asian and North American MNO Deployments; More Than 3,000 Radio Units Now Deployed in North American Network

HAUPPAUGE, N.Y., Oct. 14, 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 received more than $17 million in customer purchase orders during the third quarter ended September 30, 2026.

The quarterly total includes previously announced follow-on orders supporting existing 5G Open RAN programs for Asian and North American mobile network operators (“MNOs”). These repeat orders reflect continued purchasing activity under established customer programs and the ongoing commercial deployment of AmpliTech's O-RAN technology.

Notably, more than 3,000 AmpliTech radio units have now been deployed in support of its North American MNO program, representing an important milestone in the commercial adoption and deployment scale of the Company's technology.

In parallel, AmpliTech continues to pursue additional business opportunities with prospective customers, including active participation in large-scale requests for proposals (“RFPs”) for its O-RAN radio solutions. These opportunities remain subject to customer evaluations, competitive selection processes and the issuance of definitive purchase orders.

“We are pleased with our third-quarter order performance, which reflects continued purchasing activity from established customer programs and growing commercial experience with our O-RAN technology and product portfolios across our divisions” said Fawad Maqbool, Chairman and CEO of AmpliTech Group.

“Our focus is on building upon these successful deployments, strengthening relationships with existing customers and expanding our reach to additional mobile network operators and telecommunications infrastructure providers. The repeat orders, together with our active participation in new customer RFPs, support our strategy of scaling the O-RAN business as the industry continues its transition toward more open and flexible network architectures. We remain focused on converting these opportunities into firm orders, shipments and sustainable revenue growth,” concluded Mr. Maqbool.
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 orders will have any effect on the current pricing of the AMPG publicly traded shares and Rights. 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.

How much did AmpliTech receive in purchase orders in the third quarter of 2026?

AmpliTech received more than $17 million in customer purchase orders during the quarter ended September 30, 2026. The total includes previously announced follow-on orders supporting existing 5G Open RAN programs for Asian and North American mobile network operators.

How many AmpliTech radio units have been deployed in its North American operator program?

More than 3,000 AmpliTech radio units have now been deployed in support of its North American mobile network operator program.