Profile: Frequency Electronics Inc (FEIM.OQ)
5 Feb 2016
Frequency Electronics, Inc., incorporated on May 23, 1968, is a provider of precision time and frequency technology. The Company's technology is employed in commercial, government, Command, Control, Communication, Computer, Intelligence, Security and Reconnaissance (C4ISR) and other military electronic systems. The Company operates under three segments: FEI-NY, Gillam-FEI and FEI-Zyfer. The Company's FEI-NY segment operates out of New York and its operations consist principally of precision time and frequency control products used in three principal markets: communication satellites (both commercial and the United States Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations, and other components and systems for the United States military. The Company's Gillam-FEI segment operates out of Belgium and France and primarily sells wireline synchronization and network management systems in non-United States markets. All sales from Gillam-FEI to the United States are to other segments of the Company. The Company's FEI-Zyfer operates out of California and its products integrate global positioning system (GPS) technologies into systems and subsystems for secure communications, both government and commercial and other locator applications. This segment also provides sales and support for the Company's wireline telecommunications family of products, including US5G, which are sold in the United States market.
The Company's FEI-NY segment provides precision time, frequency generation and synchronization products and subsystems that are found on-board satellites, in ground-based communication stations and imbedded in moving platforms operated by the United States military. The Company manufactures the master timing systems (quartz, rubidium and cesium) and other timing and frequency generation products for communication satellites and many of the Company's other space assemblies are used onboard spacecraft for command, control and power distribution. The Company also manufactures DC-DC power converters for its own assemblies and for space applications. The Company's oven-controlled quartz crystal oscillators are precision clocks suited for high-end performance required in satellite transmissions, airborne telephony and geophysical survey positioning systems. Commercial satellite programs that utilize the Company's space-qualified products include Iridium NEXT, MexSat, MSV, ICO, TerreStar, EchoStar, Intelsat, Inmarsat and others.
In addition to space-based programs, the Company's products have been used in airborne and ground-based guidance, navigation, communications, radar, sonar surveillance and electronic countermeasure and timing systems. The Company has developed and patented a low gravity -sensitivity technology. The FEI-NY segment also includes the operations of the Company's wholly owned subsidiaries, FEI-Elcom and FEI-Asia. FEI-Asia functions as a manufacturing facility for the FEI-NY segment with historically minimal sales to outside customers. FEI-Elcom, in addition to its own product line, provides design and technical support for the FEI-NY segment's satellite business. FEI-Elcom designs and manufactures radio frequency (RF) microwave devices and subsystems up to 46 gigahertz, including fast switching, ultra-low phase noise synthesizers, up-down converters, receivers, ceramic resonant oscillators and dielectric resonant oscillators.
The Company's Gillam-FEI extends its competencies into network synchronization, network management and specialized test equipment. Gillam-FEI is engaged in the field of wireline synchronization technology and its products are targeted towards telecommunication operators and network equipment manufacturers that utilize modular and flexible platforms to build reliable digital-network-systems around the world. Gillam-FEI also provides ancillary products intended for deployment in the European, Middle Eastern, Asian and African markets. The GRTU is intended to monitor the electrical current in a power grid and relay the information to a central location. Gillam-FEI markets variants of this product to other electric utility companies in projects to create smart grids.
The Company's FEI-Zyfer designs, develops and manufactures products for precision time and frequency generation and synchronization. FEI-Zyfer's products make use of both in-the-clear civil and crypto-secured military signals from GPS. FEI-Zyfer's products are integrated into communications systems, computer networks, test equipment, and military command and control terminals for ground and satellite link applications. In addition, FEI-Zyfer provides sales and support for the Company's family of wireline telecommunications and derivative products.
The Company competes with Boeing, Northrop, Lockheed Martin, Space Systems Loral, Keystone Agilent Technologies, Excelitas Technologies Corp., Microsemi Corporation, Dover Corp., Huawei, Siemens, Schneider Electric and ADVA Optical Networking SE.
Frequency Electronics Inc
55 Charles Lindbergh Blvd
UNIONDALE NY 11553-3664