AmpliTech Gets Initial Order for 5G ORAN Radio Configurations; Shares Rise

MT Newswires Live
02-06

AmpliTech Group (AMPG) said Thursday it received an initial purchase order valued at over $500,000 for three different configurations of its 5G ORAN, or Open Radio Access Networks, radio.

Delivery is expected by Q2 of the company's current fiscal year, with follow-on orders anticipated in fiscal 2025, the company added.

AmpliTech shares were advancing nearly 9% in recent trading.

Price: 2.26, Change: +0.19, Percent Change: +8.94

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