AmpliTech receives a $21.7 million follow-on order for 5G equipment
AmpliTech ($AMPG) received a firm purchase order worth $21.7 million from an unnamed Asian mobile-network operator for 5G Open RAN equipment. The follow-on award takes total orders associated with an earlier $78 million letter of intent to approximately $34 million, or about 44% of that indicated opportunity. The company said its overall backlog now exceeds $51 million. The conversion of part of the earlier expression of interest into firm orders provides stronger commercial evidence than the or
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