AmpliTech Group, Inc. (NASDAQ: AMPG) today provided additional information on its 5G pipeline and announced a conference call to discuss fiscal year 2025 results. The company also reaffirmed its previously provided revenue guidance for fiscal year 2026, expecting at least $50 million in revenue based on current backlog and active customer programs.
The company continues to advance its O-RAN compliant 5G radio portfolio, including its flagship Massive MIMO 64T64R product, which has achieved O-RAN compliance certification. AmpliTech's commercial pipeline includes multiple active programs with global telecommunications customers, including previously disclosed Letters of Intent (LOIs) and multi-phase deployment frameworks representing significant multi-year opportunities.
As part of this pipeline, the company has initiated production shipments under previously disclosed LOI programs, including the $40 million LOI, with over $20 million in shipments. 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 expected 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. The company reaffirms its expectation to achieve at least $50 million in revenue for fiscal year 2026.
AmpliTech Group will host a conference call on Thursday, April 9th, 2026 at 5:00 PM ET to discuss FY2025 results. Dial-in numbers are 1-833-630-0019 (domestic) or 1-412-317-1807 (international). An audio replay and transcript will be posted on the company's news page when available. Investors may submit questions prior to the call via email.
The company designs, develops, and manufactures advanced RF and microwave signal-processing components and systems for satellite, 5G/6G telecom, quantum computing, defense, and space applications. Through continuous innovation and U.S.-based manufacturing, AmpliTech is enabling the next generation of connectivity and communication systems. For further information, visit www.amplitechgroup.com.
This release contains forward-looking statements that involve risks and uncertainties, including the company's ability to convert LOIs into purchase orders and achieve projected revenues. Actual results may differ materially from those projected. The company undertakes no obligation to update these forward-looking statements except as required by law.
