Frequency Electronics, Inc. issued a clarification regarding the expected near-term revenue from its new TURbO compact rubidium atomic clock. The company stated that the previously mentioned $1 million to $2 million revenue expectation for fiscal year 2026 referred only to orders already received since the product's recent introduction.
This initial figure significantly understates the overall market for the TURbO technology, which is a leading-edge, next-generation atomic clock developed internally by FEI. Its smaller form factor and high performance are anticipated to open up much larger end-market exposure for the company's atomic clocks.
Expanded use cases for TURbO include rapidly growing drone applications, in addition to more traditional aircraft radar applications. The company estimates this represents a potential growing market for Frequency Electronics of $20 million or more in fiscal year 2027, indicating a substantial long-term growth opportunity.
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