Frequency Electronics, Inc. (FEI) Announces Launch of Ultra-Stable Oscillator as part of Jet Propulsion Laboratory Deep Space...
02 7월 2019 - 2:58AM
Frequency Electronics, Inc. (NASDAQ-FEIM) announced that NASA’s
launch of the Deep Space Atomic Clock (DSAC) on June
25th carried along with it Frequency Electronics (FEI), Inc.’s
Ultra-stable Oscillator (USO). The USO, designed and manufactured
by FEI, provides state of the art short term stability and serves
as the local oscillator reference for the DSAC.
Stanton Sloane, FEI’s CEO, commented, “We are
extremely proud to play a part in the DSAC technology demonstration
mission. Advancing technology is a core principle at FEI and we are
pleased to provide one of the key elements for DSAC, which is
intended to do exactly that.”
FEI has a 50-year track record of producing high
performance electronics for NASA’s Jet Propulsion Laboratory,
dating back to the Voyager program. FEI technology has helped us
understand our solar system, explore the universe, measure earth’s
climate, carry astronauts to orbit and enable their communications
once there.
About Frequency Electronics
Frequency Electronics, Inc. is a world leader in
the design, development and manufacture of high precision timing,
frequency control and synchronization products for space and
terrestrial applications. Frequency’s products are used in
satellite payloads and in other government, military and
commercial, systems including C4ISR, EW, missiles, UAVs, aircraft,
secure communications, energy exploration and wireline and wireless
communication networks. With over one thousand systems
delivered to defense department and commercial customers, Frequency
has received more than 100 awards for excellence 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.
Frequency’s Mission Statement: “Our mission is
to provide precision time and low phase noise frequency generation
systems from 1 Hz to 50 GHz, for space and other challenging
environments.”
Subsidiaries and Affiliates: FEI-Zyfer provides
GPS and secure timing ("SAASM") capabilities for critical military
and commercial applications; FEI-Elcom Tech provides sub-systems
for Electronic Warfare (“EW”) and added resources for
state-of-the-art RF microwave products. Frequency's Morion
affiliate supplies high-quality, cost effective oscillators and
quartz components for commercial applications. Additional
information is available on the Company’s website:
www.frequencyelectronics.com
Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995:
The Statements in this press release regarding
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, inability to integrate operations and personnel,
actions by significant customers or competitors, general domestic
and international economic conditions, consumer spending trends,
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, competitive developments,
changes in manufacturing and transportation costs, the availability
of capital, and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission.
By making these forward-looking statements, the Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release.
Contact information: Stanton Sloane, President, Chief Executive
Officer: Steven Bernstein, Chief Financial Officer; Martin
Bloch, Executive Chairman of the Board: TELEPHONE: (516)
794-4500
WEBSITE: www.frequencyelectronics.com
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