AmpliTech signs exclusive 5G telecom licensing deal; $1.25M fee payable

AmpliTech Group, Inc.

Exclusive 18-month US distribution and global licensing rights for 5G telecom equipment effective July 26, 2024.
Software IP license fee of $1,250,000; initial $350,000 payment due upon signing.
Agreement covers marketing, selling, renting, deployment, and maintenance of licensed products.
Licensor may provide product certification support for additional fees (CE, FCC, CBRS).
Specific products, licensor identity, and financial projections are redacted from the exhibit.

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