AmpliTech Group’s 5G Division Enters Into An LOI For US$78 Million In Purchase Orders For AmpliTech’s 5G ORAN Radios
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2025
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Source: Globenewswire
AmpliTech Group's Major Order: AmpliTech Group, Inc. has signed a letter of intent for a $78 million purchase of Band 50 Radios, with deliveries expected to begin in FY2025 and increase annually through 2027, although the agreement is non-binding and subject to further purchase orders.
Company Overview: AmpliTech Group specializes in designing and manufacturing advanced signal processing components for various communication networks, including satellite and 5G technologies, and operates multiple divisions focused on RF microwave components and network solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
