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Frequency Electronics Inc. Announces Space Mission Contract Award Valued at Approximately $8 million

Markets GlobeNewswire By GlobeNewswire 27 Jul 2026 11:30 1 min read
Frequency Electronics Inc. Announces Space Mission Contract Award Valued at Approximately $8 million

MITCHEL FIELD, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce the award of a follow-on production contract for approximately $8 million, for compact, highly precise atomic clocks to support position, navigation, and timing (PNT) for lunar space missions.

MITCHEL FIELD, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce the award of a follow-on production contract for approximately $8 million, for compact, highly precise atomic clocks to support position, navigation, and timing (PNT) for lunar space missions.

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