Dec. 1 at 11:17 PM
$AMPG in case you missed today's news - increase of the LOI with the large prospective customer from
$78M to slightly over
$100M ...
https://finance.yahoo.com/news/amplitech-5g-division-releases-band-120000291.html
"AmpliTech has formally completed its field trial with its end customer related to the current
$78M LOI publicly released earlier this year. A ribbon cutting ceremony was held earlier this month, signaling our end customer’s approval to initiate production shipments and deployments. AmpliTech has in turn been given the long awaited green light to start shipping our production ready radios, which we will immediately commence in December 2025. Actual forecasts received from our end customer point out to an anticipated increase in total revenues from
$78M to slightly over
$100M, with shipments of our Band 50 radios to start early December and continuing throughout 2026 and 2027 fiscal years."