AmpliTech Group (AMPG) said Monday that it received an initial purchase order, worth almost $1 million, under a $78 million letter of intent agreement with an undisclosed customer in the 5G open radio access network, or ORAN, sector.
The company said the initial order is set for delivery within the year.
Shares of AmpliTech Group were 4% lower in recent Monday trading.
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Price: 1.45, Change: -0.06, Percent Change: -3.97
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