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AmpliTech Group Provides ORAN 5G Business and Financial Outlook Following Titan Crest Agreement Amendment, Positioned for Surging Global Open RAN Market

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  • AmpliTech Group amended its Asset Purchase Agreement with Titan Crest to reduce the aggregate purchase price by $1 million from $8 million to $7 million.
  • The Company retained all rights & claims against Titan & its affiliate while Titan's affiliate assumed substantially all remaining covenants & indemnification obligations.
  • Over $17 million in 5G ORAN-related shipments have been completed since program inception, including carrier qualifications & commercial validation.
  • The Company currently holds approximately $17 million in order backlog & is pursuing additional commercial opportunities with mobile network operators & infrastructure providers.
  • AmpliTech is actively responding to a Tier-1 telecommunications infrastructure RFP that management believes could represent tens of millions of dollars in value if awarded.
  • The Company reports more than 2,000 radios shipped in service with a Tier-1 MNO & holds FCC & ISED Canada certifications for its portfolio including AI-ready macro radios & small cells.
  • AmpliTech maintains zero long-term debt while supporting its current backlog & pursuing non-binding LOIs & customer evaluations.
  • Full-year 2026 revenue is expected to exceed FY2025 levels, though timing of shipments may extend into 2027 due to shifts in Asian customer deployment schedules.
  • Management expects margins to improve beginning in 2027 as the initial market-entry phase concludes & production scales.
  • The Company projects achieving positive EBITDA in Fiscal Year 2027 based on anticipated revenue growth & improved ORAN margins.
  • Capital is being deployed toward engineering, R&D, supply-chain capabilities, & sales to support larger telecommunications customers.
  • Share repurchase authorization remains part of the Company's capital allocation strategy subject to market conditions & capital needs.
  • Global Open RAN market is projected to grow from $6.5 billion in 2025 to $45.1 billion by 2033, with the Radio Unit segment estimated to reach $10.8 billion by 2033.
  • North America represented approximately 41% of global Open RAN market revenue in 2025.
  • More than $6 million in follow-on orders were announced in July, validating active demand following the initial qualification program.
  • Founder & CEO Fawad Maqbool stated the Company has successfully entered the ORAN 5G market & is focused on converting MNO opportunities into purchase orders for a higher-margin business.