AmpliTech Group Secures Over $2.5 Million in Follow-On Orders Under $40 Million LOI; Positioned to Benefit from Expanding ORAN 5G and Private 5G Adoption
1. AmpliTech received follow-on orders exceeding $2.5 million from a Tier-1 MNO. 2. Cumulative order total is now around $18 million from a $40 million LOI. 3. AmpliTech expects to expand further with more MNOs adopting ORAN 5G solutions. 4. Their private 5G systems fill coverage gaps and enhance connectivity for users. 5. Macro and tech drivers are increasing demand for ORAN and P5G deployments.