AmpliTech Group, Inc. has appointed Asif Hussain and Manish Jindal as senior business development representatives to support its expanding 5G Open RAN commercial strategy. The executives bring over 50 years of combined experience in the telecom industry, with deep expertise in 5G infrastructure, carrier-grade network deployments, and strategic customer engagement with Tier 1 mobile network operators. This strategic addition is aimed at scaling AmpliTech's 5G Open RAN portfolio across North American and international markets.

The appointments reflect AmpliTech's continued investment in building the commercial infrastructure necessary to scale its product offerings. The company's portfolio includes its O-RAN certified 64T64R Massive MIMO radio unit, private 5G solutions, fixed wireless access systems, and 5G Network in a Box family. AmpliTech is the only American company to have designed and commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit.

Fawad Maqbool, Founder, Chairman, President, and CEO of AmpliTech Group, stated that the company is at an inflection point. He emphasized that with certified technology and active deployments, AmpliTech is moving from technical readiness to commercial execution. Maqbool noted that Hussain and Jindal bring the carrier-level relationships and market credibility required to convert qualified pipeline into booked revenue.

Executive Profiles

Asif Hussain joins AmpliTech with over 20 years of experience in telecom sales and business development. He previously held senior sales and account leadership positions at Nokia, managing multimillion-dollar services engagements with major Tier 1 communications service providers. His expertise spans 5G, cloud, core networks, IP/optical infrastructure, managed services, and private network solutions. Hussain holds a Bachelor of Electrical Engineering from the University of Engineering & Technology and is a Professional Scrum Master (PSM).

Manish Jindal brings over 30 years of experience in the communications industry. He retired from Charter Communications, where he led next-generation wireless research and development, including 5G and fixed wireless broadband initiatives. Before Charter, he served as VP and Head of Technology Strategy for Ericsson North America. Jindal also held senior roles at Nokia Networks, including CTO for the Sprint account. He holds a B.S. in Computer Science from Birla Institute of Technology and a master's in Computer Science and Telecommunications from the University of Missouri.

AmpliTech Group Inc. stock surged nearly 12% in premarket trading Tuesday after the company announced a key Open RAN interoperability milestone. The company participated in the O-RAN ALLIANCE Global PlugFest Spring 2026 as the only vendor showcasing a 64T64R Massive MIMO radio. The move came even as broader market gains remained modest, with S&P 500 futures rising about 0.5%.

AmpliTech said the event validated its technology in independent, multi-vendor Open RAN environments and highlighted its role in advancing AI-RAN development. The PlugFest is designed to test interoperability among equipment from different vendors, a key requirement for Open RAN deployments. The company said its participation demonstrated that its radio technology can integrate effectively within complex multi-vendor networks.

Technical Indicators

The stock continues to trade in a strong uptrend. Shares were about 66.5% above their 20-day simple moving average of $4.41 and roughly 127.1% above their 200-day moving average of $3.24. At $7.35, the stock has also moved above its previous 52-week high of $6.59, signaling a breakout to new highs.

Momentum indicators suggest the rally may be becoming stretched. The relative strength index stood at 73.33, placing the stock in overbought territory. While that often reflects strong buying interest, it can also increase the risk of short-term pullbacks. From a trend perspective, the 20-day moving average remains above the 50-day moving average, a bullish near-term signal. However, the 50-day moving average is still below the 200-day moving average following a death cross earlier this year.

Key technical support sits near the 20-day moving average at $4.41, while the former 52-week high of $6.59 could serve as an important reference level if the breakout loses momentum.