AmpliTech Group’s 5G Division Enters Into An LOI For US$78 Million In Purchase Orders For AmpliTech’s 5G ORAN Radios
AmpliTech Group (NASDAQ: AMPG) has announced signing a letter of intent with a contract manufacturer for potential purchase orders worth $78 million for their Band 50 Radios 4x20 Watts. The agreement, if materialized, would involve deliveries starting in FY2025 with substantial yearly increases through 2027.
The company, which specializes in signal processing components for satellite and 5G/6G communications networks, notes that the non-binding LOI requires conversion into definitive purchase orders. AmpliTech explicitly states that there is no guarantee of securing final purchase orders or achieving the full $78 million value.
AmpliTech Group (NASDAQ: AMPG) ha annunciato di aver firmato una lettera di intenti con un produttore a contratto per potenziali ordini di acquisto del valore di 78 milioni di dollari per le loro Radio Band 50 da 4x20 Watt. L'accordo, se concretizzato, prevede consegne a partire dal FY2025 con sostanziali aumenti annuali fino al 2027.
La società, specializzata in componenti di elaborazione del segnale per reti di comunicazione satellitare e 5G/6G, sottolinea che la LOI non vincolante deve essere convertita in ordini di acquisto definitivi. AmpliTech dichiara esplicitamente che non c'è garanzia di ottenere ordini di acquisto finali o di raggiungere il valore totale di 78 milioni di dollari.
AmpliTech Group (NASDAQ: AMPG) ha anunciado la firma de una carta de intención con un fabricante por contrato para posibles órdenes de compra por un valor de 78 millones de dólares para sus Radios Band 50 de 4x20 vatios. El acuerdo, si se materializa, implicaría entregas a partir de FY2025 con incrementos anuales sustanciales hasta 2027.
La empresa, que se especializa en componentes de procesamiento de señales para redes de comunicaciones satelitales y 5G/6G, señala que la LOI no vinculante requiere convertirse en órdenes de compra definitivas. AmpliTech declara explícitamente que no hay garantía de asegurar órdenes de compra finales o de alcanzar el valor total de 78 millones de dólares.
AmpliTech Group (NASDAQ: AMPG)는 계약 제조업체와 7,800만 달러 규모의 Band 50 라디오 4x20 와트에 대한 잠재적 구매 주문을 위한 의향서를 체결했다고 발표했습니다. 이 계약이 성사되면 FY2025부터 시작하여 2027년까지 매년 상당한 증가가 있을 것입니다.
위성 및 5G/6G 통신 네트워크를 위한 신호 처리 구성 요소를 전문으로 하는 이 회사는 비구속적인 LOI가 최종 구매 주문으로 전환되어야 한다고 강조합니다. AmpliTech은 최종 구매 주문을 확보하거나 전체 7,800만 달러 가치를 달성할 보장이 없다고 명시적으로 밝혔습니다.
AmpliTech Group (NASDAQ: AMPG) a annoncé avoir signé une lettre d'intention avec un fabricant sous contrat pour des commandes potentielles d'une valeur de 78 millions de dollars pour leurs radios Band 50 de 4x20 watts. L'accord, s'il se concrétise, impliquerait des livraisons à partir de FY2025 avec des augmentations annuelles substantielles jusqu'en 2027.
L'entreprise, spécialisée dans les composants de traitement du signal pour les réseaux de communication par satellite et 5G/6G, souligne que la LOI non contraignante doit être convertie en commandes d'achat définitives. AmpliTech déclare explicitement qu'il n'y a aucune garantie d'obtenir des commandes d'achat finales ou d'atteindre la valeur totale de 78 millions de dollars.
AmpliTech Group (NASDAQ: AMPG) hat die Unterzeichnung eines Absichtsschreibens mit einem Vertragshersteller für potenzielle Bestellungen im Wert von 78 Millionen Dollar für ihre Band 50 Radios mit 4x20 Watt angekündigt. Das Abkommen, falls es zustande kommt, würde Lieferungen ab FY2025 mit erheblichen jährlichen Steigerungen bis 2027 umfassen.
Das Unternehmen, das sich auf Signalverarbeitungskomponenten für Satelliten- und 5G/6G-Kommunikationsnetze spezialisiert hat, weist darauf hin, dass das nicht bindende LOI in endgültige Bestellungen umgewandelt werden muss. AmpliTech erklärt ausdrücklich, dass es keine Garantie für die Sicherstellung endgültiger Bestellungen oder die Erreichung des vollen Wertes von 78 Millionen Dollar gibt.
- Potential $78 million in purchase orders for 5G ORAN radios
- Multi-year delivery schedule from 2025 to 2027 with increasing volumes
- LOI is non-binding and requires conversion to definitive purchase orders
- No guarantee of securing final orders or achieving full $78 million value
HAUPPAUGE, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, announced today the signing of a letter of intent with a contract manufacturer on behalf of its end user, for the purchase of
If fulfilled, deliveries of the order are expected to start in FY2025 and will substantially increase each year thereafter into 2027. The non-binding letter of intent is subject to the parties entering into a series of definitive purchase orders. No assurance can be given that the Company will enter into any purchase orders or purchase orders for the total amount of
This press release does not constitute an offer to sell or the solicitation of an offer to buy, any of the Company’s securities.
About AmpliTech Group
AmpliTech Group, Inc., comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services—is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please 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 the transaction is subject to the parties entering into a definitive purchase orders, and that the customer will fulfill of the terms and conditions of such purchase orders and that the Company will be able to recognize
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FAQ
What is the value of AmpliTech Group's (AMPG) new 5G radio purchase order LOI?
When will AMPG begin delivering the 5G radios under the new LOI?
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