AmpliTech Group’s 5G Division enters LOI for $78M in purchase orders

AmpliTech Group (AMPG) announced the signing of a missive of intent with a declaration shaper connected behalf of its extremity user, for the acquisition of $78M of the Company’s Band 50 Radios 4×20 Watts. If fulfilled, deliveries of the bid are expected to commencement successful FY2025 and volition substantially summation each twelvemonth thereafter into 2027. The non-binding missive of intent is taxable to the parties entering into a bid of definitive acquisition orders. No assurance tin beryllium fixed that the Company volition participate into immoderate acquisition orders oregon acquisition orders for the full magnitude of $78M.

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