Chris Wojciechowski's questions to Frequency Electronics Inc (FEIM) leadership • Q4 2025
Question
Chris Wojciechowski, a private investor, asked for clarification on the 'variability' mentioned by management, whether it affects the current backlog, the definitions of 'short' and 'medium' term, and the revenue potential from the current research and development stage of quantum technologies.
Answer
CEO Thomas McClelland clarified that 'variability' refers to the timing of new contract awards due to administrative changes, not the solid $70 million backlog. He defined short-term as the next year and medium-term as two to five years. McClelland confirmed that the development stage of quantum technology is already generating significant, externally-funded revenue and profit.