Frequency Electronics Inc. Digital Rubidium Atomic Frequency Standard (DRAFS) Completes Critical Design Review for Potential Use on GPS IIIF Satellite Program
MITCHEL FIELD, N.Y.,
The Digital Rubidium Atomic Frequency Standard (DRAFS) clock is an evolution of previous generation Rubidium atomic clocks designed for space applications. The DRAFS clock leverages technology developed by FEI and currently in operation on several government satellites. The successful CDR allows the new DRAFS clock to move forward into fabrication and testing to verify performance.
The Air Force’s GPS IIIF satellites will add new capabilities, technology and resiliency to the next-generation GPS III satellites currently in production and launching to help modernize today’s GPS satellite constellation. Up to 22 GPS IIIF satellites are expected to be ordered. More than 4 billion military, commercial and civilian users utilize GPS every day.
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. Additional information is available on the Company’s website: www.frequencyelectronics.com
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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
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Source: Frequency Electronics, Inc.