AmpliTech Sees 2026 Revenue Growth, $17M Backlog, and Tier-1 RFP Opportunity
AMPG has more than doubled off its 52-week low of $1.64 on elevated volume (2.1× avg).
Summary
AmpliTech provided a business and financial outlook update following its Titan Crest agreement amendment. The company expects full-year 2026 revenue to exceed FY2025, though Asian customer deployment shifts limit near-term visibility. It disclosed approximately $17 million in current backlog and a large Tier-1 telecom infrastructure RFP that could be worth tens of millions of dollars if awarded. The company also highlighted over 2,000 radios shipped with a Tier-1 MNO and zero long-term debt. AmpliTech expects to achieve positive EBITDA in FY27. This follows the Q2 10-Q filed August 13, which showed a wider loss but sequential revenue growth and margin expansion.
At the time of this announcement, AMPG was trading at $4.02 on NASDAQ in the Technology sector, with a market capitalization of approximately $120M. The 52-week trading range was $1.64 to $10.11. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.