Frequency Electronics clarifies FY26 TURbO revenue guidance

Frequency Electronics (FEIM) has clarified revenue guidance from Thursday’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 $1M-$2M is accurate, that comment referred to orders already received since TURbO’s introduction a few weeks ago, and understates the very significant market for this technology. The company added, “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 $20M or more in FY2027.”