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AmpliTech Group Receives $1.03 Million Follow-On Order for Low-Noise Amplifiers from Fortune 1000 Satellite Communications Customer

  • AmpliTech Group announced a $1.03 million follow-on purchase order for low-noise amplifiers from a Fortune 1000 satellite communications company.
  • The new order raises the company's total backlog to a record level exceeding $52 million.
  • AmpliTech expects to fulfill the current backlog during the remainder of fiscal 2026 & fiscal 2027 based on existing production plans.
  • CEO Fawad Maqbool stated that current cash resources are sufficient to fund operations through the end of fiscal 2027.
  • The company confirmed receipt of all remaining technical documentation & design deliverables under its amended asset purchase agreement with Titan Crest.
  • AmpliTech is focused on monetizing acquired & developed intellectual property to generate additional revenue in 2026 & 2027 from TELUS & other major mobile network operators.
  • The company has submitted responses to several large requests for proposals utilizing its advanced radio portfolio & customization capabilities.
  • AmpliTech remains the only American company to have designed & commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit, with all products engineered in the United States.