Frequency Electronics, Inc. Announces Award of a Contract for Next Generation Rubidium Atomic Clock
MITCHEL FIELD, N.Y., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (FEI or the Company) (NASDAQ-FEIM) today announced the award of a contract for its digital Rubidium Atomic Clock, a next generation, high-precision frequency and timing source.
- MITCHEL FIELD, N.Y., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (FEI or the Company) (NASDAQ-FEIM) today announced the award of a contract for its digital Rubidium Atomic Clock, a next generation, high-precision frequency and timing source.
- Contract value is approximately $4.5 m. Details of the contract are not being released.
- FEI CEO, Stan Sloane, commented, We are extremely pleased to announce the launch of our next generation Rubidium atomic clock with this contract award.
- Frequency Electronics, Inc. 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.