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GlobeNewswire·

AmpliTech Group Receives Record $21.7 Million Purchase Order

  • AmpliTech Group received a $21.7 million follow-on purchase order for 5G O-RAN radio products, marking the largest single order in the company's history.
  • The order supports an ongoing deployment for an Asian mobile network operator under a previously announced $78 million Letter of Intent program.
  • Cumulative orders under the program have reached approximately $34 million, representing nearly 44% of the original LOI value.
  • Total company backlog has increased to over $51 million, establishing a new all-time record.
  • CEO Fawad Maqbool stated the milestone reinforces AmpliTech's position as an emerging global supplier of carrier-grade 5G O-RAN solutions.
  • AmpliTech is the only American company to have commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit.
  • All products are designed & engineered in the United States.
  • Forward-looking statements regarding future pricing & additional orders are subject to risks & customary conditions outlined in the release.