AmpliTech Group, Inc. announced on March 24, 2025, the signing of a letter of intent (LOI) for the purchase of $78 million of the company’s Band 50 Radios 4x20 Watts. This LOI was signed with a contract manufacturer on behalf of its end user, signaling a significant potential revenue stream for AmpliTech's 5G division.
If fulfilled, deliveries of this substantial order are expected to commence in fiscal year 2025 and are projected to increase substantially each year thereafter into 2027. This multi-year agreement underscores the growing demand for AmpliTech's 5G ORAN radio solutions.
It is important to note that the letter of intent is non-binding and subject to the parties entering into a series of definitive purchase orders. However, this LOI represents a major milestone and a strong indicator of future business for AmpliTech in the rapidly expanding 5G market.
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