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AmpliTech Group Secures Major Milestone: Receives Initial Purchase Order from Leading 5G ORAN Player Marking Beginning Of US$78M Announced LOI

1. AmpliTech receives a nearly $1M purchase order for 5G solutions. 2. The order is part of a $78M LOI with a significant 5G player. 3. Delivery is scheduled within FY2025 for initial deployment phases. 4. AmpliTech serves global markets, enhancing its position in 5G technology. 5. Company's future orders are uncertain, based on forward-looking statements.

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Why Bullish?

The significant order within a $78M agreement boosts AMPG’s market potential and credibility, reflecting a positive trajectory similar to prior contracts that escalated stock prices after announcement.

How important is it?

The substantial purchase order signals strong demand, which could lead to increased investor confidence and stock price growth, impacting AMPG favorably.

Why Long Term?

This order initiates future phases likely to yield substantial revenue over time, reminiscent of previously successful deployments in telecom that led to sustained growth for companies involved.

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HAUPPAUGE, N.Y., March 31, 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, proudly announces the receipt of an initial purchase order valued at nearly $1M, as part of a groundbreaking US$78M LOI agreement with a prominent 5G ORAN player. This pivotal order, scheduled for delivery within FY2025, signifies the commencement of small-scale deployments crucial for our upcoming larger project phases. 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, receiving the full series of purchase orders to fulfill all expected orders for this project. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" for 5G orders 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: Corporate Social Media X: @AmpliTechAMPGInstagram: @AmpliTechAMPGFacebook: AmpliTechIncLinked In: Amplitech Group Inc Investor Social Media X: @AMPG_IRStockTwits: @AMPG_IR Company Contact: Jorge FloresTel: 631-521-7831Investors@amplitechgroup.com

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