AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGR, AMPGZ) today announced the receipt of follow-on orders exceeding $2 million under a previously disclosed Letter of Intent (LOI) with a North American mobile network operator (MNO). These orders reflect incremental demand, including additional quantities beyond those initially contemplated, driven by ongoing requirements for the radio configuration currently being delivered during the Company's second quarter.
For the period from January 1 through the end of April 2026, the Company has recorded bookings exceeding $8 million across its business segments, bringing its total backlog to over $20 million. This significant increase in backlog provides enhanced operational visibility for the remainder of fiscal year 2026.
Fawad Maqbool, CEO and CTO of AmpliTech Group, commented, "We are encouraged by the continued order activity under this previously announced LOI, particularly as these new follow-on orders represent demand beyond the originally anticipated volumes, with deliveries expected to extend into fiscal year 2026. This additional demand reflects the customer's continued evaluation and utilization of our technology and our ability to support deployment requirements. As shipments to this customer resumed during the current quarter, these orders contribute to our operational visibility for 2026 and support our focus on converting pipeline opportunities into revenue."
The follow-on orders underscore the growing trust and reliance on AmpliTech's advanced RF microwave components and ORAN 5G network solutions. The Company's technology is integral to various high-growth sectors including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing.
AmpliTech Group, comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services—continues to solidify its position as a leading designer and manufacturer of cutting-edge solutions. For more information, visit www.amplitechgroup.com.
This announcement comes as part of the Company's broader strategy to capitalize on the growing demand for 5G infrastructure and advanced communication systems. The increased backlog and follow-on orders are expected to contribute to sustained revenue growth and operational stability.
