AmpliTech Group Reports More Than $17 Million in Purchase Orders During Third Quarter of 2026
Continued Repeat Orders Supporting Asian and North American MNO Deployments; More Than 3,000 Radio Units Now Deployed
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HAUPPAUGE, N.Y., Oct. 14, 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 received more than $17 million in customer purchase orders during the third quarter ended September 30, 2026.
The quarterly total includes previously announced follow-on orders supporting existing 5G Open RAN programs for Asian and North American mobile network operators (“MNOs”). These repeat orders reflect continued purchasing activity under established customer programs and the ongoing commercial deployment of AmpliTech’s O-RAN technology.
Notably, more than 3,000 AmpliTech radio units have now been deployed in support of its North American MNO program, representing an important milestone in the commercial adoption and deployment scale of the Company’s technology.
In parallel, AmpliTech continues to pursue additional business opportunities with prospective customers, including active participation in large-scale requests for proposals (“RFPs”) for its O-RAN radio solutions. These opportunities remain subject to customer evaluations, competitive selection processes and the issuance of definitive purchase orders.
“We are pleased with our third-quarter order performance, which reflects continued purchasing activity from established customer programs and growing commercial experience with our O-RAN technology and product portfolios across our divisions” said Fawad Maqbool, Chairman and CEO of AmpliTech Group.
“Our focus is on building upon these successful deployments, strengthening relationships with existing customers and expanding our reach to additional mobile network operators and telecommunications infrastructure providers. The repeat orders, together with our active participation in new customer RFPs, support our strategy of scaling the O-RAN business as the industry continues its transition toward more open and flexible network architectures. We remain focused on converting these opportunities into firm orders, shipments and sustainable revenue growth,” concluded Mr. Maqbool.
About AmpliTech Group, Inc.
AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGZ) is a designer, developer, and manufacturer of advanced RF and microwave signal processing components and next-generation 5G infrastructure systems. The company’s product portfolio spans low noise amplifiers, cryogenic amplifiers, Massive MIMO O-RAN radio systems, and 5G Network-in-a-Box solutions, serving customers across defense, satellite communications, quantum computing, and telecommunications. AmpliTech is the only American company to have designed and commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit. All products are designed and engineered in the United States. For more information, visit www.amplitechgroup.com
Safe Harbor Statement
This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that these orders will have any effect on the current pricing of the AMPG publicly traded shares and Rights. Any additional orders beyond those announced today remain subject to definitive purchase orders, customer deployment schedules and other customary conditions. The words “may” “would” “will” “expect” “estimate” “anticipate” “believe” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward- looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website and with the SEC at sec.gov. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.
Contacts:
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LinkedIn: AmpliTech Group, Inc.
Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com
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