AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a leading designer and manufacturer of advanced signal-processing components for satellite, 5G/6G networks, and quantum systems, today announced its strategic positioning to capitalize on the rapidly expanding Open Radio Access Network (ORAN) market and the emerging quantum computing industry projected through 2035.
ORAN Market Growth: Transforming Telecommunications
The global ORAN market, valued at approximately $3.4 billion in 2025, is forecasted to exceed $57 billion by 2035, driven by:
- Large-scale 5G network rollouts and cloud-native architecture adoption
- Global interoperability mandates and open network initiatives
- Increasing public-private partnerships and national security policies favoring open systems
ORAN’s disaggregated, software-driven model fosters competition and flexibility, enabling operators to build scalable, intelligent networks optimized through AI and edge computing. Analysts project over 30% CAGR through the next decade as these transformations redefine the telecommunications landscape.
AmpliTech’s Leadership in ORAN Innovation
AmpliTech continues to strengthen its technological leadership within the 5G ORAN ecosystem:
- Massive MIMO 64T64R radio platform achieving over 1 Gbps throughput in field trials
- Patented front-end and low-noise amplifier (LNA) technologies enabling longer-distance, higher-efficiency links
- Strategic partnerships with global operators, including a $78 million Letter of Intent from a major Asian MNO and $40M + Letter of Intent (over $20M+ funded purchase orders already received) with a major North American MNO.
- U.S.-based manufacturing and secure supply chain ensuring compliance with national infrastructure goals
These advancements establish AmpliTech as one of the few domestic ORAN solution providers offering end-to-end systems designed for speed, efficiency, and interoperability.
Quantum Computing: The Next Frontier
In parallel with ORAN growth, the quantum computing market is projected to expand from $1 billion in 2024 to over $18 billion by 2035. AmpliTech’s work in cryogenic quantum amplifiers and ultra-low-noise systems places the company at the intersection of quantum and telecom technologies.
Key innovations include:
- Cryogenic amplifier designs preserving quantum signals at near-zero temperatures
- High-linearity RF systems enabling quantum communications and computing performance gains
- Hybrid network concepts that merge quantum and classical computing for ultra-secure, high-speed connectivity
This convergence of technologies positions AmpliTech as a dual-sector leader in next-generation connectivity solutions.
Why AmpliTech is Well-Positioned and Its Key Differentiation
AmpliTech’s strategic strength lies in its vertically integrated business model, in-house innovation, and proven field performance across the entire 5G/6G ORAN ecosystem. Unlike many suppliers that depend on third-party IP or foreign manufacturing, AmpliTech’s unique combination of U.S.-based design, fabrication, and system integration establishes a clear competitive moat in performance, reliability, and supply chain security.
Key Differentiators:
- End-to-End ORAN Solutions: AmpliTech has developed its own intellectual property and a full line of ORAN radios and ancillary equipment, successfully proven through multiple field trials and customer validations worldwide.
- Proprietary LNA Technology: The company’s patented low-noise amplifiers (four new patents issued in 2025) deliver unmatched receiver sensitivity and data throughput. Developed by the AmpliTech Group Microwave Design Center (AGMDC) in Texas, these devices significantly enhance range and link performance across cellular and satellite systems.
- Private 5G Network Expertise: AmpliTech’s complete line of secure Private 5G network radios achieves speeds exceeding 1.4 Gbps, seamlessly interoperating with commercial MNO networks. These systems eliminate connectivity “dead zones” while enabling Fixed Wireless Access (FWA) for homes, businesses, and smart-city applications.
- U.S.-Based Vertical Integration: AmpliTech remains the only U.S.-based, vertically integrated company offering complete end-to-end turnkey solutions for both Private and Commercial ORAN deployments, spanning design, chip-level innovation, packaging, assembly, and network-level integration.
By combining proprietary chip technology with full-system design and domestic manufacturing, AmpliTech is redefining what it means to deliver true open, secure, and high-performance 5G/6G infrastructure.
“Our strategy has always been to stay ahead of technological shifts, and the convergence of ORAN and quantum computing is a perfect example,” said Fawad Maqbool, Founder and CEO of AmpliTech Group.
Fawad Maqbool added, “We are building foundational trust with global carriers, equipment manufacturers, and enterprise partners as we align with the world’s transition toward open, intelligent, and secure communications infrastructure. With our R&D breakthroughs and new IP portfolio, AmpliTech is defining performance boundaries from cryogenic labs to 5G antenna towers. Our pipeline, strong balance sheet, and partnerships ensure we are executing on our five-year vision of sustained innovation and shareholder value.”
Financial Overview and Analyst Outlook
AmpliTech continues to build a strong financial foundation supported by consistent revenue growth, operational efficiency, and favorable analyst sentiment.
Key Financial Highlights (as of FY 2025 and latest earnings release):
- Revenue Growth: The company’s sales have increased by approximately 53.8% compared to total 2024 sales, and that’s only in the first six months of 2025, driven by expansion in the 5G ORAN and core amplifier divisions, with recurring contract revenues from Tier-1 carriers and enterprise customers
- Forward Guidance: Management reaffirmed FY2025 guidance during its release of Q2 financial results, projecting at least $24 million in sales, which would represent, at the very least, nearly triple the total revenues achieved in FY2024. This growth is expected to be accompanied by sustained margin expansion and continued investment in quantum-enabled 5G architectures.
- Gross Margin: Gross margins will improve throughout the balance of FY2025 back into double digits, driven by cost optimization, and higher-margin proprietary product sales
- Balance Sheet Strength: Cash and equivalents totaled $12.3 million as of Q2 2025, with no long-term debt, providing a solid runway for R&D and production scale-up
- Analyst Coverage: Independent equity research firms have reiterated “Buy” and “Outperform” ratings, citing AmpliTech’s strong IP portfolio, U.S. manufacturing base, and exposure to the rapidly expanding ORAN and quantum computing markets
These financial metrics and positive analyst outlook confirm AmpliTech’s transformation from a component innovator to a scalable, high-performance communications technology company with accelerating earnings momentum.
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