AmpliTech Group Receives Record $21.7 Million Purchase Order
Key Highlights
- ➤$21.7 million follow-on order marks AmpliTech’s largest single purchase order
- ➤5G O-RAN program purchase orders reach approximately $34 million
- ➤Company backlog rises above $51 million, setting a new record
- ➤Asian mobile network operator deployment advances under $78 million LOI
Expert Statements
Fawad Maqbool, Founder and CEO of AmpliTech Group
“This record $21.7 million purchase order represents another important milestone in the execution of our Asian MNO 5G deployment program.”
Fawad Maqbool, Founder and CEO of AmpliTech Group
“From the outset we have communicated that large-scale telecommunications deployments progress through multiple stages, from initial agreements and customer evaluations to purchase orders and commercial deployment.”
Fawad Maqbool, Founder and CEO of AmpliTech Group
“This latest order demonstrates that progression and reinforces the foundation we have been building.”
Fawad Maqbool, Founder and CEO of AmpliTech Group
“Achieving our largest single purchase order while increasing total Company backlog to a record $51 million is a very meaningful milestone.”
Fawad Maqbool, Founder and CEO of AmpliTech Group
“We believe these milestones are firmly establishing AmpliTech as an emerging global supplier of carrier-grade 5G O-RAN radio solutions.”
Fawad Maqbool, Founder and CEO of AmpliTech Group
“Our focus remains on successfully executing these deployments, expanding our relationships with mobile network operators worldwide, and building sustainable long-term shareholder value.”
HAUPPAUGE, N.Y., Oct. 20, 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 a $21.7 million follow-on purchase order for its 5G O-RAN radio products, representing the largest single purchase order in the Company's history.
The new order supports ongoing deployments for an Asian mobile network operator (“MNO”) in connection with the Company's previously announced $78 million 5G O-RAN radio Letter of Intent (“LOI”) program. Including this latest order, cumulative purchase orders received under the program have reached approximately $34 million, representing nearly 44% of the original LOI value. As a result of this latest purchase order, AmpliTech's total company backlog has increased to more than $51 million, establishing a new all-time company record. The new order is consistent with the Company’s earlier communications regarding the anticipated progression of this initiative. The program continues to advance and demonstrates the transition of this previously announced commercial opportunity into tangible customer commitments.
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