AmpliTech Group, Inc. (NASDAQ: AMPG) today provided an update on its 5G commercial pipeline and reaffirmed its previously announced revenue guidance for fiscal year 2026, while also scheduling a conference call to discuss its FY2025 financial results. The company highlighted the progress of its O-RAN compliant 5G radio portfolio, including its flagship Massive MIMO 64T64R product, which has achieved O-RAN compliance certification.
According to the company, its commercial pipeline includes multiple active programs with global telecommunications customers, encompassing previously disclosed Letters of Intent (LOIs) and multi-phase deployment frameworks representing significant multi-year opportunities. Under these programs, AmpliTech has initiated production shipments under previously disclosed LOI programs, including a $20 million portion of a $40 million LOI. Additionally, the company has received approximately $5 million in funded purchase orders towards the $78 million signed LOI, which, based on forecasts, is expected to grow past $100 million in total revenues. Additional purchase orders are anticipated as deployments scale across multiple customers and configurations.
The $78 million LOI referenced in the company's most recent disclosures reflects a defined program scope within this broader pipeline, which has evolved through ongoing commercial negotiations and structuring of multi-phase deployments. Based on current backlog, active customer programs, and ongoing conversion of LOIs into purchase orders, AmpliTech reaffirms its expectation to achieve at least $50 million in revenue for fiscal year 2026.
The company also announced it will hold a conference call to discuss its FY2025 results on Thursday, April 9th, 2026 at 5:00 PM ET. The dial-in number is 1-833-630-0019 (domestic) or 1-412-317-1807 (international). An audio replay and transcript will be posted on AmpliTech's news page when available. Investor questions may be submitted to investors@amplitechgroup.com prior to the call.
AmpliTech Group designs, develops, and manufactures advanced RF and microwave signal-processing components and systems for satellite, 5G/6G telecom, quantum computing, defense, and space applications. Its five divisions work symbiotically to serve customers worldwide. For further information, please visit www.amplitechgroup.com.
This release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. The company undertakes no obligation to update these statements except as required by law.
