AmpliTech Group (AMPG) received an initial Purchase Order, as part of the recently announced signing of a 5 Year Basic Order Agreement, with a US based Fortune 1000 Company. This initial Purchase Order, for nearly $1M, includes delivery of Low-Noise Block Downconverters products and engineering services. This initial Purchase Order, of its 5 Year BOA deal represents nearly 20% of the total average LNA sales from its AmpliTech Division. This initial order will be delivered in its entirety during the first half of FY25.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMPG:
- AmpliTech Group Reports Q3 2024 Earnings and Challenges
- AmpliTech Group’s AmpliTech signs 5-year BOA with Forune 1000 U.S. company
- AMPG Upcoming Earnings Report: What to Expect?
- AmpliTech Group releases latest 5G Network In a Box product line
- AmpliTech’s AGTGSS division signs 5 year supplier agreement with Fujitsu