AmpliTech Group Raises $9.07 Million in Rights Offering to Fund 5G/6G ORAN and Quantum Expansion

AMPG
January 12, 2026

AmpliTech Group, Inc. (NASDAQ: AMPG) completed a $9.07 million unit subscription rights offering on January 12 2026, issuing 2,268,204 shares of common stock at a unit price of $4.00. Each unit consisted of one share of common stock and two rights—Series A and Series B—allowing holders to purchase an additional share at $5.00 by July 18 2026 and $6.00 by November 20 2026.

The proceeds will be deployed to scale domestic manufacturing, accelerate research and development, deepen vertical integration, and support strategic partnerships. AmpliTech also earmarked the funds for working capital and general corporate purposes, positioning the company to convert its $118 million letter‑of‑intent pipeline into revenue and to accelerate the rollout of its 5G/6G Open Radio Access Network (ORAN) radios and cryogenic amplifiers for quantum computing.

Financially, AmpliTech’s FY 2025 revenue reached $25 million, a 163% year‑over‑year increase from $10.25 million in FY 2024. Q3 2025 revenue climbed to $6.09 million, up 115% from $2.83 million in Q3 2024, while gross margin improved to 48.6% from 47.5% in the prior quarter. These gains reflect strong demand in the company’s core 5G/6G and quantum‑computing segments and the benefits of its vertically integrated manufacturing model.

CEO Fawad Maqbool highlighted the company’s “record performance” and reiterated confidence in meeting its FY 2026 revenue guidance of at least $50 million. CFO Louisa Sanfratello emphasized that the firm is on track for positive cash flow and profitability in fiscal 2026, citing disciplined cost management and the ability to convert pipeline opportunities into revenue.

While the fact‑check report does not provide specific intraday price movements, it notes that AmpliTech’s stock had previously responded positively to earnings releases that beat expectations and to the announcement of a $100 million letter‑of‑intent that began production in December 2025. The rights‑offering announcement is expected to reinforce investor confidence in the company’s growth strategy and capital‑efficient execution.

By securing additional capital, AmpliTech can accelerate the deployment of its high‑margin ORAN solutions and quantum amplifiers, strengthen its competitive position as a U.S.‑based, vertically integrated RF component provider, and maintain momentum toward its 2026 profitability targets. The financing also provides a buffer to manage the capital intensity of scaling production for the company’s expanding customer base in the 5G/6G and quantum markets.

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