Nexus Nano Electronics Win New Electonic Component Supply Contracts

Nexus Nano Electronics announced the receipt of orders from a leading edge company that provides high-performance time and frequency products and services, precision optical time/frequency distribution, two-way timing technology and custom timing systems for government agencies, aerospace and defense customers.

It is estimated that the new contracts will be for about $3 million of business for the first year. Shipments will start by the end of this month.

These electronic components and assemblies were being produced off shore but the customer feels that Nexus has the ability to provide product at higher quality levels and faster turnaround from order to delivery than their present source, Nexus has also been able to supply the product at comparable cost, and quality and the Nexus product is preferred when all costs are considered.

In addition, the Nexus “voice of the customer” strategy and culture works hard at listening to our customers and responding to their changing needs. Mel Roseman, Chief Operating Officer of Nexus Nano Electronics said “We believe that this is the major factor in the surge of new business we have seen in recent months. Our customers know that we really care about them and live up to what we promise.”

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