5G OrdersAmpliTech Group is benefiting from increased 5G orders, supported by a 5-year agreement with a US-based Fortune 1000 company and a 5-year supplier agreement with Fujitsu.
Financial PerformanceAmpliTech reported 3Q24 results slightly better than expectations with revenue of $2.8M, up 12% quarter-over-quarter, indicating a strong financial performance.
Growth PotentialNext-gen product launches are expected to drive future growth for AmpliTech Group, supported by a robust 5G and Quantum pipeline.