AmpliTech Group’s AGTGSS Division Signs 5 Year Supplier Agreement With Fujitsu Spain For Private 5G Network Products
AmpliTech Group's AGTGSS division has signed a 5-year supplier agreement with Fujitsu Spain to provide Private 5G Network products. The agreement covers Europe, Africa, and the Middle East, and includes a range of products such as 5G ORAN radios, Customer Premises Equipment (CPE), CU/DU and Core Servers, and other ancillary products for setting up Private 5G Networks.
This strategic partnership, which has been in development since early 2024, marks a significant milestone for AGTGSS in delivering advanced telecommunications infrastructure solutions globally. The agreement aims to enhance connectivity, signal reliability, and security for Fujitsu's end customers across various sectors.
AmpliTech Group's CEO, Fawad Maqbool, expressed enthusiasm about the agreement, highlighting it as a validation of their business development efforts in the Public and Private 5G segment. The company sees this as an opportunity for growth and global market adoption of their 5G products.
La divisione AGTGSS di AmpliTech Group ha firmato un contratto di fornitura di 5 anni con Fujitsu Spagna per fornire prodotti per reti private 5G. L'accordo copre Europa, Africa e Medio Oriente e include una gamma di prodotti come radio 5G ORAN, apparecchiature per la sede del cliente (CPE), server CU/DU e core, oltre ad altri prodotti accessori per l'installazione di reti private 5G.
Questa partnership strategica, in fase di sviluppo dall'inizio del 2024, segna una pietra miliare significativa per AGTGSS nella fornitura di soluzioni avanzate di infrastrutture per telecomunicazioni a livello globale. L'accordo mira a migliorare la connettività, l'affidabilità del segnale e la sicurezza per i clienti finali di Fujitsu in diversi settori.
Il CEO di AmpliTech Group, Fawad Maqbool, ha espresso entusiasmo riguardo all'accordo, evidenziandolo come una convalida degli sforzi di sviluppo aziendale nel segmento 5G pubblico e privato. L'azienda vede in questo un'opportunità di crescita e di adozione dei suoi prodotti 5G nel mercato globale.
La división AGTGSS de AmpliTech Group ha firmado un contrato de suministro de 5 años con Fujitsu España para proporcionar productos de redes privadas 5G. El acuerdo abarca Europa, África y Oriente Medio, e incluye una variedad de productos como radios 5G ORAN, Equipos de Cliente (CPE), servidores CU/DU y Core, y otros productos auxiliares para la configuración de redes privadas 5G.
Esta asociación estratégica, que se ha estado desarrollando desde principios de 2024, marca un importante hito para AGTGSS en la entrega de soluciones avanzadas de infraestructura de telecomunicaciones a nivel global. El acuerdo busca mejorar la conectividad, la fiabilidad de la señal y la seguridad para los clientes finales de Fujitsu en diversos sectores.
El CEO de AmpliTech Group, Fawad Maqbool, expresó entusiasmo por el acuerdo, destacándolo como una validación de sus esfuerzos de desarrollo empresarial en el segmento 5G público y privado. La empresa ve esto como una oportunidad para el crecimiento y la adopción de sus productos 5G en el mercado global.
암플리테크 그룹의 AGTGSS 부서는 후지츠 스페인과 5년 공급 계약을 체결하여 프라이빗 5G 네트워크 제품을 제공하게 됩니다. 이 계약은 유럽, 아프리카 및 중동을 포함하며, 5G ORAN 라디오, 고객 공간 장비(CPE), CU/DU 및 코어 서버, 그리고 프라이빗 5G 네트워크 구축을 위한 기타 보조 제품들을 포함합니다.
2024년 초부터 개발 중인 이 전략적 파트너십은 AGTGSS가 전 세계적으로 고급 통신 인프라 솔루션을 제공하는 데 있어 중요한 이정표가 됩니다. 이번 계약은 다양한 분야의 후지츠 최종 고객을 위한 연결성, 신호 신뢰성 및 보안을 강화하는 것을 목표로 합니다.
암플리테크 그룹의 CEO인 파와드 마크불은 이번 계약에 대한 열정을 표현하며, 이를 5G 공공 및 민간 부문에서의 비즈니스 개발 노력에 대한 검증으로 강조했습니다. 회사는 이를 성장과 5G 제품의 글로벌 시장 채택을 위한 기회로 보고 있습니다.
La division AGTGSS d'AmpliTech Group a signé un contrat de fourniture de 5 ans avec Fujitsu Espagne pour fournir des produits de réseaux privés 5G. L'accord couvre l'Europe, l'Afrique et le Moyen-Orient et comprend une gamme de produits tels que des radios 5G ORAN, des équipements sur site (CPE), des serveurs CU/DU et Core, ainsi que d'autres produits accessoires pour la mise en place de réseaux privés 5G.
Ce partenariat stratégique, en développement depuis début 2024, représente une étape importante pour AGTGSS dans la fourniture de solutions avancées d'infrastructure télécom à l'échelle mondiale. L'accord vise à améliorer la connectivité, la fiabilité du signal et la sécurité pour les clients finaux de Fujitsu dans divers secteurs.
Le PDG d'AmpliTech Group, Fawad Maqbool, a exprimé son enthousiasme à propos de l'accord, le soulignant comme une validation de leurs efforts de développement commercial dans le segment 5G public et privé. L'entreprise y voit une opportunité de croissance et d'adoption de ses produits 5G sur le marché mondial.
Die AGTGSS-Abteilung von AmpliTech Group hat einen 5-jährigen Liefervertrag mit Fujitsu Spanien unterzeichnet, um Produkte für private 5G-Netzwerke bereitzustellen. Der Vertrag umfasst Europa, Afrika und den Nahen Osten und beinhaltet eine Reihe von Produkten wie 5G ORAN-Radios, Endgeräteequipment (CPE), CU/DU- und Core-Server sowie weitere Nebenprodukte zur Einrichtung privater 5G-Netzwerke.
Diese strategische Partnerschaft, die seit Anfang 2024 entwickelt wird, markiert einen bedeutenden Meilenstein für AGTGSS bei der Bereitstellung fortschrittlicher Telekommunikationsinfrastrukturlösungen weltweit. Ziel des Vertrags ist es, die Konnektivität, die Signalzuverlässigkeit und die Sicherheit für die Endkunden von Fujitsu in verschiedenen Sektoren zu verbessern.
Der CEO von AmpliTech Group, Fawad Maqbool, äußerte seine Begeisterung über den Vertrag und hob ihn als Bestätigung ihrer Geschäftsentwicklungsbemühungen im öffentlichen und privaten 5G-Segment hervor. Das Unternehmen sieht darin eine Gelegenheit für Wachstum und die globale Markteinführung seiner 5G-Produkte.
- Secured a 5-year supplier agreement with Fujitsu Spain for Private 5G Network products
- Agreement covers a large territory including Europe, Africa, and the Middle East
- Validates business development activities in the Public and Private 5G segment
- Potential for significant company growth and global market adoption of 5G products
- None.
Insights
This agreement marks a significant milestone for AmpliTech Group, positioning them as a key player in the Private 5G Network market. The 5-year supplier agreement with Fujitsu Spain covers a vast territory including Europe, Africa and the Middle East, which opens up substantial growth opportunities for AMPG.
The deal encompasses a comprehensive range of Private 5G Network products, including ORAN radios, CPE, CU/DU and Core Servers. This breadth of offering demonstrates AMPG's technical capabilities and potential for recurring revenue streams. The long-term nature of the agreement provides stability and predictability to AMPG's future earnings.
For investors, this news signals strong market validation of AMPG's technology and business strategy. It could lead to increased market share and potentially attract similar deals with other major telecom players. However, investors should monitor AMPG's ability to scale production and maintain quality to meet the demands of this significant contract.
While specific financial terms weren't disclosed, this agreement represents a potentially substantial revenue stream for AmpliTech Group. Given the company's current market cap of
Investors should look for:
- Potential revenue projections in upcoming earnings calls
- Margins on the products supplied under this agreement
- Capital expenditure requirements to fulfill the contract
- Impact on the company's cash flow and balance sheet
This deal could be a game-changer for AMPG, potentially leading to a re-evaluation of the company's valuation. However, execution risks remain and investors should closely monitor the company's ability to deliver on this significant opportunity.
HAUPPAUGE, N.Y., Oct. 22, 2024 (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 signing of a 5 Year Supplier Agreement to provide Fujitsu with a varied array of Private 5G Network products, including AmpliTech’s 5G ORAN radios, 5G Customer Premises Equipment (CPE), 5G CU/DU and Core Servers as well as other ancillary products required to set a Private 5G Network at the end user’s site.
AGTGSS, a provider of advanced 5G telecommunications solutions, is pleased to announce the signing of this strategic 5-year supplier agreement. The Company has been working on this agreement since early 2024. This P5G Network products supplier agreement marks a significant milestone in AGTGSS's commitment to delivering cutting-edge telecommunications infrastructure solutions globally.
The agreement involves supplying Fujitsu with a complete suite of Private 5G Network products tailored to meet the specific needs of their end customers, ensuring enhanced connectivity, while also providing signal reliability and security. AGTGSS's advanced technology solutions are poised to transform the customer's operations, to enable seamless connectivity for its users across the deployed sectors. This agreement covers Europe, Africa and the Middle East.
"We are thrilled to have been chosen as the supplier for this strategic initiative," said Fawad Maqbool, CEO of AmpliTech Group. “This 5 Year agreement underscores our expertise in delivering scalable, secure, and high-performance 5G networks that empower businesses to achieve their digital transformation goals”. Furthermore, Mr. Maqbool stated, “Securing this supplier agreement, which we have been working on since the beginning of the year, validates our intense business development activities for our Public and Private 5G business segment. Covering such a large territory brings countless opportunities for our company’s growth and the global market adoption of our 5G products. We are delighted to have reached an agreement with a leading Japanese telecommunications company such as Fujitsu Spain. We will continue our strategy to develop strategic relationships with key industry partners, to accelerate the proliferation of our innovative and advanced radio technology for public and private 5G as well as FWA (Fixed Wireless Access) for businesses and homes.” AGTGSS remains committed to driving innovation in 5G telecommunications, leveraging its deep industry knowledge and technical prowess to deliver superior connectivity solutions that empower businesses to thrive in a digital-first world.
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 Fujitsu
Fujitsu is a global leader in information and communication technology (ICT) services and solutions, committed to delivering innovative and reliable technology to businesses and communities worldwide. With a rich history spanning over 80 years, Fujitsu combines cutting-edge technology with deep industry expertise to create tailored solutions that empower organizations to navigate the complexities of the digital age.
Headquartered in Tokyo, Japan, Fujitsu operates in more than 100 countries, providing a comprehensive range of services, including cloud computing, cybersecurity, AI, and managed services. The company is dedicated to sustainability and corporate responsibility, striving to make a positive impact on society through its initiatives and partnerships.
Fujitsu’s strong commitment to research and development drives innovation, enabling clients to harness the power of technology for enhanced productivity and growth. By collaborating closely with its customers, Fujitsu aims to foster a digital transformation that not only meets today’s challenges but also anticipates future needs.
For more information about Fujitsu and its innovative solutions, please visit www.fujitsu.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 supplier agreement contract will lead to further development and work for the customer. 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.
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