I think you’d be better off with an Electrospindle rather a HF-Motor “Please note that HF motors are much cheaper than the electric spindles in terms of price, but there is a big difference. The HF motors have a maximum speed of 18000 rpm. Furthermore, the design is designed for predominantly radial loads. You should purchase an electrospindle for drilling.”
Unfortunately, their Electrospindles are bigger and more suited to Shapeoko use than Nomad. Unlike Sorotec, damen CNC will ship to the US and seemed to have lower prices.
Perfect for Shapeokos, overkill for Nomads. If you’re mostly cutting wood and plastics, you could save money and might be satisfied with a G-Penny spindle like this one. Shapeoko users seem happy with them.