Apr. 15 at 3:38 PM
$FEIM Read the fine print from the CEO in the ER- this is debt free company about to blow up huge in the next 3-5
“We have already won business this fiscal year in quantum sensing, magnetometers and, now, with today’s separate award release, in proliferated satellites. These business lines are expected to contribute significantly to expansion of FEI’s markets, and to growth in the 3-to 5-year time frame, and beyond.
In other words, we expect continued strength in our core business to build a multi-year bridge to our next generation growth opportunities, and we believe these future growth opportunities will be additive to, not substitutive of, our strong core business in space and defense. All of this sets the stage for us to be a substantially larger company, as we are well on our way to meeting and surpassing
$100 million of funded backlog.”
https://www.nasdaq.com/press-release/frequency-electronics-inc-announces-third-quarter-and-fiscal-year-2026-financial
