Frequency Electronics Issues a Clarification to Yesterday’s Earnings Call
Frequency Electronics (NASDAQ:FEIM) has issued a clarification regarding their TURbO (Time Unit Rubidium Oscillator) compact atomic clock revenue projections discussed in their previous earnings call. While near-term revenue expectations of $1M to $2M in FY2026 from already received orders are accurate, the company emphasizes this understates the technology's market potential.
The company projects a potential market opportunity of $20M+ by FY2027, driven by expanding applications in drone technology and traditional aircraft radar systems. This growth outlook is further supported by the Department of Defense's recent announcement to strengthen U.S. drone manufacturing and expand drone usage in military units and training programs.
The company also anticipates future updates on quantum sensing and magnetometers developments.Frequency Electronics (NASDAQ:FEIM) ha fornito un chiarimento riguardo alle previsioni di ricavi per il suo orologio atomico compatto TURbO (Time Unit Rubidium Oscillator) discusse nella precedente call sugli utili. Sebbene le aspettative di ricavi a breve termine di 1-2 milioni di dollari nell'anno fiscale 2026 derivanti da ordini già ricevuti siano corrette, l'azienda sottolinea che ciò sottostima il potenziale di mercato della tecnologia.
L'azienda prevede un potenziale opportunità di mercato superiore a 20 milioni di dollari entro l'anno fiscale 2027, trainata dall'espansione delle applicazioni nella tecnologia dei droni e nei tradizionali sistemi radar aeronautici. Questa prospettiva di crescita è ulteriormente supportata dall'annuncio recente del Dipartimento della Difesa di rafforzare la produzione di droni negli Stati Uniti e di ampliare l'uso dei droni nelle unità militari e nei programmi di addestramento.
La società prevede inoltre aggiornamenti futuri sugli sviluppi nel campo della sensoristica quantistica e dei magnetometri.
Frequency Electronics (NASDAQ:FEIM) ha emitido una aclaración sobre sus proyecciones de ingresos del reloj atómico compacto TURbO (Time Unit Rubidium Oscillator) discutidas en su llamada de resultados anterior. Aunque las expectativas de ingresos a corto plazo de 1 a 2 millones de dólares en el año fiscal 2026 provenientes de pedidos ya recibidos son correctas, la compañía enfatiza que esto subestima el potencial de mercado de la tecnología.
La empresa proyecta una oportunidad de mercado potencial de más de 20 millones de dólares para el año fiscal 2027, impulsada por la expansión de aplicaciones en tecnología de drones y sistemas tradicionales de radar para aeronaves. Esta perspectiva de crecimiento se ve reforzada por el reciente anuncio del Departamento de Defensa para fortalecer la fabricación de drones en EE.UU. y ampliar el uso de drones en unidades militares y programas de entrenamiento.
La compañía también anticipa futuras actualizaciones sobre desarrollos en sensores cuánticos y magnetómetros.
Frequency Electronics (NASDAQ:FEIM)는 이전 실적 발표에서 논의된 TURbO(시간 단위 루비듐 오실레이터) 소형 원자시계 매출 전망에 대해 설명을 발표했습니다. 이미 수주한 주문에서 2026 회계연도에 100만 달러에서 200만 달러의 단기 매출 예상은 정확하지만, 회사는 이 수치가 기술의 시장 잠재력을 과소평가한 것이라고 강조했습니다.
회사는 드론 기술과 전통적인 항공기 레이더 시스템에서의 적용 확대에 힘입어 2027 회계연도까지 2,000만 달러 이상의 잠재 시장 기회를 예상하고 있습니다. 이러한 성장 전망은 미 국방부가 미국 내 드론 제조를 강화하고 군사 부대 및 훈련 프로그램에서 드론 사용을 확대하겠다고 최근 발표한 내용에 의해 더욱 뒷받침됩니다.
또한 회사는 양자 센싱 및 자기계 발전에 대한 향후 업데이트도 기대하고 있습니다.
Frequency Electronics (NASDAQ:FEIM) a publié une clarification concernant ses prévisions de revenus pour l'horloge atomique compacte TURbO (Time Unit Rubidium Oscillator) discutées lors de leur précédente conférence sur les résultats. Bien que les attentes de revenus à court terme de 1 à 2 millions de dollars pour l'exercice 2026 issues de commandes déjà reçues soient exactes, la société souligne que cela sous-estime le potentiel du marché de cette technologie.
L'entreprise prévoit une opportunité de marché potentielle de plus de 20 millions de dollars d'ici l'exercice 2027, portée par l'expansion des applications dans la technologie des drones et les systèmes radar traditionnels pour avions. Cette perspective de croissance est également soutenue par l'annonce récente du Département de la Défense visant à renforcer la fabrication de drones aux États-Unis et à étendre leur utilisation dans les unités militaires et les programmes de formation.
La société anticipe également des mises à jour futures concernant les développements dans la détection quantique et les magnétomètres.
Frequency Electronics (NASDAQ:FEIM) hat eine Klarstellung zu den Umsatzprognosen für ihre kompakte Atomuhr TURbO (Time Unit Rubidium Oscillator) abgegeben, die im vorherigen Gewinnaufruf besprochen wurden. Während die kurzfristigen Umsatzerwartungen von 1 bis 2 Millionen US-Dollar im Geschäftsjahr 2026 aus bereits erhaltenen Aufträgen korrekt sind, betont das Unternehmen, dass dies das Marktpotenzial der Technologie unterschätzt.
Das Unternehmen prognostiziert eine potenzielle Marktchance von über 20 Millionen US-Dollar bis zum Geschäftsjahr 2027, angetrieben durch die zunehmende Anwendung in der Drohnentechnologie und traditionellen Flugzeugradarsystemen. Diese Wachstumsaussichten werden durch die kürzliche Ankündigung des Verteidigungsministeriums unterstützt, die US-amerikanische Drohnenproduktion zu stärken und den Einsatz von Drohnen in Militäreinheiten und Ausbildungsprogrammen auszubauen.
Das Unternehmen erwartet außerdem zukünftige Updates zu Entwicklungen in der Quantensensorik und Magnetometern.
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MITCHEL FIELD, N.Y., July 11, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency technology, would like to clarify a topic on yesterday’s earnings call. The Company discussed expected near-term revenue from its TURbO compact rubidium atomic clock. As a clarification, although the stated revenue expectation in FY2026 of
TURbO, or Time Unit Rubidium Oscillator, is our leading-edge, next generation atomic clock, which was internally developed by FEI. Given the smaller form factor and high performance of TURbO, we anticipate this opening up much larger end-market exposure for our atomic clocks. Notable expanded use cases include rapidly expanding drone applications, in addition to more traditional aircraft radar applications. Given the Department of Defense’s announcement yesterday regarding bolstering the U.S. drone manufacturing base and expanding the use of drones for military units and training programs, we believe this further grows our addressable market. It is estimated that this represents a potential growing market for FEI of
We look forward to sharing further developments and updates on this exciting growth market in the coming quarters, as well as additional updates on quantum sensing and magnetometers in the near future.
About Frequency Electronics
Frequency Electronics, Inc. (FEI) is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. FEI’s products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. FEI-Zyfer provides GPS and secure timing capabilities for critical military and commercial applications; FEI-Elcom Tech provides Electronic Warfare (“EW”) sub-systems and state-of-the-art RF and microwave products. FEI has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets.
www.frequencyelectronics.com
FEI’s Mission Statement: “Our mission is to transform discoveries and demonstrations made in research laboratories into practical, real-world products. We are proud of a legacy which has delivered precision time and frequency generation products, for space and other world-changing applications that are unavailable from any other source. We aim to continue that legacy while adapting our products and expertise to the needs of the future. With a relentless emphasis on excellence in everything we do, we aim, in these ways, to create value for our customers, employees, and stockholders.”
Forward-Looking Statements
The statements in this press release regarding future earnings and operations and other statements relating to the future constitute “forward-looking” statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, our inability to integrate operations and personnel, actions by significant customers or competitors, general domestic and international economic conditions, reliance on key customers, continued acceptance of the Company’s products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, other supply chain related issues, increasing costs for materials, operating related expenses, competitive developments, changes in manufacturing and transportation costs, the availability of capital, the outcome of any litigation and arbitration proceedings, and failure to maintain an effective system of internal controls over financial reporting. The factors listed above are not exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the Securities and Exchange Commission. The Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2024, filed on August 2, 2024 with the Securities and Exchange Commission includes additional factors that could materially and adversely impact the Company’s business, financial condition and results of operations, as such factors are updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the Securities and Exchange Commission’s website at www.sec.gov. Moreover, the Company operates in a very competitive and rapidly changing environment. New factors emerge from time to time and it is not possible for management to predict the impact of all these factors on the Company’s business, financial condition or results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not rely on forward-looking statements as a prediction of actual results. Any or all of the forward-looking statements contained in this press release and any other public statement made by the Company or its management may turn out to be incorrect. The Company expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
| Contact information: | Dr. Thomas McClelland, President and Chief Executive Officer; |
| Steven Bernstein, Chief Financial Officer; | |
TELEPHONE: (516) 794-4500 ext.5000 WEBSITE: www.freqelec.com
FAQ
What is the expected revenue for Frequency Electronics' TURbO atomic clock in FY2026?
What is the market potential for FEIM's TURbO technology by FY2027?
How does the Department of Defense announcement affect FEIM's market opportunity?
What are the key applications for Frequency Electronics' TURbO atomic clock?
What is TURbO and how was it developed?
