reports
Astrotech Corporation Appoints Nihanth Badugu as Chief Operating Offic...
Astrotech Corporation Appoints Nihanth Badugu as Chief Operating Officer AUSTIN, Texas, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”), today announced that it has appointed Nihanth Badugu as Chief Operating Officer (“COO”) of the Company. Mr. Badugu’s appointment is effective as of August 13, 2025. “The Board is thrilled to promote Mr. Badugu to Chief Operating Officer,” stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. “Nihanth has been an invaluable asset to Astrotech since joining us in...
Astrotech Announces Deployment of EN-SCAN Devices to Transform Instant...
Astrotech Announces Deployment of EN-SCAN Devices to Transform Instant, On-Site Environmental Field Monitoring AUSTIN, Texas, Aug. 15, 2025 (GLOBE NEWSWIRE) -- -- Astrotech Corporation (“Astrotech” or the “Company”) (NASDAQ: ASTC) announced today that it has introduced its new EN-SCAN product line (“EN-SCAN”) of ultra-portable rugged environmental testing instruments, featuring its proprietary ATi Gas Chromatograph Column (“GC”) and ATi Mass Spectrometer Technology™ (“MS”) through its wholly owned subsidiary, EN-SCAN, Inc. By deploying EN-SCAN devices from Astrotech, customers gain acc...
Astrotech to Participate in the H.C. Wainwright 27th Annual Global Inv...
Astrotech to Participate in the H.C. Wainwright 27th Annual Global Investment Conference in September 2025 AUSTIN, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) today announced that Thomas B. Pickens III, Chairman and Chief Executive Officer, and Jennifer Cañas, Chief Financial Officer, will host investor meetings on Tuesday, September 9, 2025 as part of the H.C. Wainwright 27th Annual Global Investment Conference in New York City taking place at the Lotte New York Palace Hotel. Investors can register and request meetings wit...
Astrotech Subsidiary 1st Detect Announces First Tracer 1000 NTD System...
Astrotech Subsidiary 1st Detect Announces First Tracer 1000 NTD System Sale in Vietnam AUSTIN, Texas , July 31, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC), a provider of next generation security screening and detection technologies based on Mass Spectrometry (“Mass Spec”), today announced the first sale and deployment of its TRACER 1000™ Narcotics Trace Detector (“TRACER 1000 NTD™”) in Vietnam, by way of its subsidiary 1st Detect. This milestone marks a significant step in expanding the 1st Detect footprint across Southeast Asia and reinforces its commitment to enhanci...
Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Offic...
Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer AUSTIN, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or (“Astrotech”), today announced that it has appointed Jennifer Cañas as Chief Financial Officer (“CFO”) of the Company. Ms. Cañas’ appointment is effective as of May 22, 2025. “The Board is delighted to promote Ms. Cañas to Chief Financial Officer,” stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. “I have worked with Ms. Cañas since 2022 and have found her to be hard worki...
Astrotech Reports Third Quarter of Fiscal Year 2025 Financial Results
Astrotech Reports Third Quarter of Fiscal Year 2025 Financial Results AUSTIN, Texas, May 13, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the third quarter of fiscal year 2025, which ended March 31, 2025. Thomas B. Pickens, III, Astrotech’s Chairman, Chief Executive Officer and Chief Technology Officer, said, “Our customizable, portable and field updatable mass spectrometry instruments have the potential to be a game changer in a growing list of large end markets such as airport security and cargo scanning...
1st Detect Unveils Enhanced TRACER 1000 Narcotics Trace Detector Inten...
1st Detect Unveils Enhanced TRACER 1000 Narcotics Trace Detector Intended to Combat Synthetic Opiates and Novel Psychoactive Substances AUSTIN, Texas, March 10, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) today announced the launch of its enhanced TRACER 1000™ Narcotics Trace Detector (“TRACER 1000 NTD”) from its 1st Detect subsidiary. This innovative mobilized mass spectrometer is specifically configured to screen for the full range of synthetic opiates and novel psychoactive substances (“NPS”), delivering accuracy and speed to counter the global drug crisis. Improvin...
Astrotech Creates New Subsidiary EN-SCAN, Inc.
Astrotech Creates New Subsidiary EN-SCAN, Inc. EN-SCAN GC-MS Product Line For Air, Water, and Soil Analysis To Be Introduced at PITTCON 2025 AUSTIN, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) announced today that it has created a new wholly owned subsidiary, EN-SCAN, Inc. (“EN-SCAN”), to manufacture and sell a new line of instruments built for environmental testing applications using its proprietary ATi Gas Chromatograph (“GC”) and Astrotech Mass Spectrometer Technology™ (“MS”). The EN-SCAN product line has been designed for outdoor field work that can...
Astrotech Reports Second Quarter of Fiscal Year 2025 Financial Results
Astrotech Reports Second Quarter of Fiscal Year 2025 Financial Results AUSTIN, Texas, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the second quarter of fiscal year 2025, which ended December 31, 2024. Financial Highlights & Recent Developments Fiscal year 2025 Q2 revenue of $295 thousand is primarily generated by activities supporting work with the U.S. Department of Homeland Security (“DHS”) to demonstrate the capabilities of our TRACER 1000™ for advanced explosives trace detection.On January 1...
Jaime Hinojosa Resigns as Chief Financial Officer to Work in Family Bu...
Jaime Hinojosa Resigns as Chief Financial Officer to Work in Family Business AUSTIN, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ASTC) ("Astrotech" or the "Company") announced the resignation of its Chief Financial Officer, Jaime Hinojosa, effective February 14, 2025. Mr. Hinojosa will continue to serve in the CFO role until February 14, 2025, and after that time will provide transition services to the Company on a consulting basis through June 30, 2025. In connection with this development, the Company and its Board of Directors have appointed Ryan Polk to serve as interim Chief...
1ST DETECT SECURES FIRST PURCHASE ORDER FOR TSA APPROVED TRACER 1000™...
1ST DETECT SECURES FIRST PURCHASE ORDER FOR TSA APPROVED TRACER 1000™ ETDs AUSTIN, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) announced today that its 1st Detect subsidiary has received a purchase order for its TRACER 1000™ explosive trace detectors (ETDs) from Intuitive Research and Technology Corporation (INTUITIVE®) a TSA contractor. The purchase order is valued at $429K and should be recognized in FY2025. INTUITIVE is an aerospace engineering and analysis firm who works closely with the TSA, the Department of Defense, and other State and Federal G...
1st Detect Awarded a Homeland Security Research and Development Contra...
1st Detect Awarded a Homeland Security Research and Development Contract to Expand the TRACER 1000™ Explosive Threat Detection AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ASTC) ("Astrotech" or the "Company") and its wholly-owned subsidiary, 1st Detect Corporation, announced that the Company has been awarded research and development (“R&D”) contract 70RSAT24CB0000015 (“Contract”) with the U.S. Department of Homeland Security (“DHS”) to research, develop and mature the TRACER 1000 for DHS next generation explosives trace detection (“ETD”). The Contract is in support of th...
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OHB System AG - Company Profile and SWOT Analysis
Summary OHB System AG - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights OHB System AG (OHB System), a subsidiary of OHB AG, is a provider of low-orbit and geostationary small satellites. The company also develops and integrates small satellites for navigation, earth observati...
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Solacom Technologies Inc - Company Profile and SWOT Analysis
Summary Solacom Technologies Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Solacom Technologies Inc (Solacom), subsidiary of Comtech Telecommunications Corp, designs, manufactures, and markets communication systems for critical and life-supporting operations. The comp...
Astrotech Reports First Quarter of Fiscal Year 2025 Financial Results
Astrotech Reports First Quarter of Fiscal Year 2025 Financial Results AUSTIN, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the first quarter of fiscal year 2025, which ended September 30, 2024. Financial Highlights & Recent Developments Operating expenses increased $119 thousand or 3.3% as the Company increased its participation in trade events in the U.S. featuring its array of industry-specific solutions offered by its subsidiaries: 1st Detect Corporation (“1st Detect”), AgLab Inc., and...
Astrotech Reports Fiscal Year 2024 Financial Results
Astrotech Reports Fiscal Year 2024 Financial Results AUSTIN, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the fiscal year ended June 30, 2024. Financial Highlights & Fiscal Year Developments Revenue increased to $1.7 million as Astrotech’s subsidiary, 1st Detect, gained traction in the international passenger market with its explosives trace detectors (“ETD”). Gross margin increased to 45% for the year compared to 41% in the prior period, due to a higher proportion of recurring reven...
TSA Grants 1st Detect’s TRACER 1000 Acceptance onto the “Approved” Sec...
TSA Grants 1st Detect’s TRACER 1000 Acceptance onto the “Approved” Section of the Air Cargo Security Technology List Austin, Texas, June 20, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) ("Astrotech" or the "Company") and its wholly-owned subsidiary, 1st Detect Corporation, announce that the U.S. Transportation Security Administration (“TSA”) has approved the TRACER 1000™ for the Air Cargo Security Technology List (“ACSTL”). This action advances the TRACER 1000 to Stage II testing, whereupon successful completion of field testing will move it to the “Qualified” section on...
ASTROTECH SUBSIDIARY AGLAB, INC. ANNOUNCES JOINT EFFORT WITH SC LABS
ASTROTECH SUBSIDIARY AGLAB, INC. ANNOUNCES JOINT EFFORT WITH SC LABS AUSTIN, Texas, June 13, 2024 (GLOBE NEWSWIRE) -- AgLAB, Inc., (“AgLAB”) a subsidiary of Astrotech Corporation (NASDAQ: ASTC) (“Astrotech”, or the “Company”), and SC Labs announced today that the companies will be jointly marketing the AgLAB 1000-D2TM mass spectrometer and the AgLAB Maximum Value Process testing method (“AgLAB MVP”), to SC Labs customers. This comes with the companies entering into a master lease agreement. AgLAB has pioneered applications utilizing the Astrotech Mass Spectrometer Technology that a...
Astrotech Reports Third Quarter of Fiscal Year 2024 Financial Results
Astrotech Reports Third Quarter of Fiscal Year 2024 Financial Results AUSTIN, Texas, May 13, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the third quarter of fiscal year 2024, which ended March 31, 2024. Financial Highlights & Recent Developments Astrotech’s consolidated balance sheet remains strong with $34.7 million in cash and liquid investments.Year-to-date revenue totaled $1.6 million and was generated by sales of TRACER 1000™ explosive trace detector (ETD), as well as recurring maintenance service...
Astrotech Announces Listing to the GSA as an Approved United States Go...
Astrotech Announces Listing to the GSA as an Approved United States Government Vendor Astrotech Announces Listing to the GSA as an Approved United States Government Vendor AUSTIN, Texas, April 08, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) ("Astrotech" or the "Company") and its wholly owned subsidiary, 1st Detect Corporation (1st Detect), announce that 1st Detect’s TRACER 1000TM is now listed in the U.S. General Services Administration (GSA) IT Schedule 70 under Contract No. GS-35F-250GA with SRI Group LLC, Special Item Number 334290. IT Schedule 70 is a long...
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