AmpliTech Group’s 5G Division Receives Initial Order For Three Configurations Of The Company’s Suite of 5G ORAN Radios

Rhea-AI Summary

AmpliTech Group (NASDAQ: AMPG) has secured a significant purchase order from OREX SAI for three different configurations of 5G ORAN Radio systems. The order, valued at over $500,000, represents a strategic milestone in AmpliTech's expansion into the ORAN (Open Radio Access Networks) market.

The order covers three distinct ORAN radio bands and is scheduled for delivery by Q2 of FY2025. OREX SAI, a global leader in telecommunications specializing in ORAN development, has chosen AmpliTech's solutions for their network infrastructure needs. Additional orders are anticipated throughout FY2025.

This initial order validates AmpliTech's position in providing high-performance 5G infrastructure solutions and supports their strategy to become a preferred US provider for 5G technology globally.

Positive

• Secured significant order worth over $500,000 for 5G ORAN Radio systems
• Follow-on orders expected throughout FY2025
• Partnership with major global telecommunications player OREX SAI
• Delivery timeline established for Q2 FY2025

Negative

• None.

Insights

Technology Industry Analyst

This $500,000 purchase order from OREX SAI marks a strategic breakthrough for AmpliTech in the rapidly evolving ORAN (Open Radio Access Network) market. The significance extends beyond the immediate revenue impact, considering AmpliTech's market cap of approximately $41 million.

The ORAN architecture represents a paradigm shift in telecommunications infrastructure, moving away from proprietary, vertically integrated systems toward open, interoperable solutions. This transition is particularly noteworthy as global operators seek to diversify their supply chains away from traditional vendors like Huawei and Nokia, creating opportunities for emerging players like AmpliTech.

Three key implications emerge from this deal:

• Market Validation: Securing OREX SAI, a significant player in telecommunications, validates AmpliTech's technical capabilities and could accelerate adoption among other potential customers.
• Revenue Potential: The initial order, representing over 1.2% of AmpliTech's market cap, could lead to recurring revenue streams as ORAN deployments scale globally.
• Competitive Positioning: As a US-based manufacturer, AmpliTech is well-positioned to benefit from increasing preferences for domestic 5G equipment suppliers, particularly given ongoing geopolitical concerns around telecommunications infrastructure.

The timing is particularly strategic as the ORAN market is projected to expand significantly, with major carriers worldwide committing to ORAN deployments. The company's ability to deliver three distinct radio configurations demonstrates technical versatility and could lead to broader market opportunities in the evolving 5G/6G landscape.

HAUPPAUGE, N.Y., Feb. 06, 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, today announced the receipt of a purchase order by its 5G Division to provide three different 5G ORAN Radio configurations.

The end user, OREX SAI, is a leading global player in the telecommunications sector, specializing in the development and deployment of Open Radio Access Networks (ORAN) and cutting-edge communication technologies. With a commitment to building flexible, scalable, and innovative networks, OREX SAI serves a broad range of industries with state-of-the-art solutions designed to meet the future demands of global communications infrastructure. This initial order, valued in excess of US$500,000 is a significant milestone in AmpliTech’s continued efforts to expand its global market share in the rapidly growing sector of ORAN (Open Radio Access Networks) radio networks. Follow on orders are expected to occur and be delivered within our FY2025.

The purchase order covers three distinct ORAN radio bands and is expected to be delivered by Q2 of AmpliTech’s current fiscal year. This accomplishment underscores AmpliTech’s leadership position in providing reliable, innovative, and high-performance solutions that meet the increasing demand for flexible and scalable 5G infrastructure globally.

“We are very pleased about participating in this initial purchase order for our 5G ORAN radio networks, said Fawad Maqbool, CEO of AmpliTech Group. “This order not only strengthens our relationship with this strategic organization but also marks a key step forward in our mission to create a dominant global presence in the ORAN radio networks space. This order further validates the value and capabilities of our 5G solutions, provides valuable brand awareness to the 5G industry and help us in our strategy to become a preferred US provider for top-tier, 5G technology-driven organizations worldwide.”

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.

About OREX SAI
NTT DOCOMO established the O-RAN ALLIANCE with leading global telecommunication operators in February 2018 and launched the world's first nationwide Open RAN 5G service in Japan in March 2020. Since introducing the OREX^® brand in February 2023, NTT DOCOMO has been supporting Open RAN verifications for global telecom operators to help realize more open mobile networks around the world. NEC, having delivered Open RAN solutions to telecom operators in Japan and other countries, was selected by NTT DOCOMO as a vendor for virtualized radio access networks (vRANs), one of NTT DOCOMO's 5G commercial services in Japan. With extensive experience in building communication infrastructure around the world, NEC offers strong system integration (SI) capabilities.

Both companies have been working towards realizing Open RAN together with OREX PARTNERS. As they enter a phase of full-fledged overseas expansion, establishing a system for providing products and services locally has become a challenge. By leveraging NTT DOCOMO's expertise in Open RAN and NEC's overseas footprint and global SI capabilities, they have decided to establish OREX SAI specializing in Open RAN business, enabling them to quickly develop overseas business infrastructure. For additional information please visit https://orexsai.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 this initial order will lead to further development and work from this end user. 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. 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:

Corporate Social Media
Twitter: @AmpliTechAMPG
Instagram: @AmpliTechAMPG
Facebook: AmpliTechInc
LinkedIn: AmpliTech Group Inc

Investor Social Media
Twitter: @AMPG_IR
StockTwits: @AMPG_IR

Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com

FAQ

What is the value of AmpliTech Group's (AMPG) recent 5G ORAN radio order?

The initial order is valued in excess of US$500,000.

When will AmpliTech Group (AMPG) deliver the ORAN radio systems?

The order is expected to be delivered by Q2 of AmpliTech's FY2025.

How many ORAN radio configurations are included in AMPG's recent order?

The purchase order covers three distinct ORAN radio bands configurations.

Who is the end user for AmpliTech's (AMPG) new 5G ORAN radio order?

The end user is OREX SAI, a leading global player in the telecommunications sector specializing in ORAN development.

Will AmpliTech Group (AMPG) receive additional ORAN radio orders in 2025?

Yes, follow-on orders are expected to occur and be delivered within FY2025.