Astrotech Corporation - Common Stock (ASTC)

Proposal seeks approximately $20 million in non-dilutive NASA funding for Phase 1 lunar technology demonstrations and if approved, would support Astrotech's long-term lunar strategy.

Shareholder rights law firm Robbins LLP is investigating Astrotech Corporation (NASDAQ: ASTC) to determine whether certain Astrotech Corporation officers and directors violated securities laws and breached fiduciary duties to shareholders. Astrotech Corporation operates as a mass spectrometry company worldwide

The Company believes the DHS next-generation ETD award, TSA Air Cargo approval, ECAC passenger and cargo certifications for G1, plus the active TSA checkpoint certification process, established 1st Detect as the leading next-generation explosives trace detection ETD platform in the world, creating a defined acquisition window for buyers ahead of the anticipated next-generation federal ETD procurement cycle.

AUSTIN, Texas, June 08, 2026 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) announced today that its 1st Detect TRACER 1000 system has received the European Civil Aviation Conference (“ECAC”) certification for wand swabbing, approved for use in screening both passengers and cargo in aviation security operations.

Astrotech (NASDAQ: ASTC) announced that its board has approved a strategic initiative focused on lunar resource development, autonomous industrial infrastructure and future Moon-based semiconductor and quantum computing manufacturing opportunities tied to NASA’s Artemis and Commercial Lunar Payload Services programs. The initiative will evaluate opportunities involving silicon-28, helium-3, platinum group metals and water ice, alongside technologies supporting lunar silicon purification, semiconductor wafer production, AI and high-performance computing infrastructure, autonomous robotics and quantum cooling systems.

Astrotech to Pursue Strategic Lunar Industrial Platform Targeting Resource Extraction, Autonomous Infrastructure, and Future Moon-Based Semiconductor and Quantum Computing Applications

The portable platform provides rapid parts-per-billion detection across air, water, and soil, enabling faster remediation decisions, lower project costs, and real-time environmental intelligence as compared to traditional off-site laboratories

AUSTIN, Texas, May 11, 2026 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) announced today that its 1st Detect TRACER 1000 system has achieved ECAC/EU G1 approval, meeting the highest European standards for aviation security. This approval reflects compliance with the European Civil Aviation Conference (“ECAC”) and European Commission requirements for trace detection systems, supporting enhanced security for airline passengers.

Spada brings over a decade of specialized trace detection expertise to accelerate the deployment of mass spectrometry technology across global security markets

1st Detect Corporation's detection and analysis mass spectrometry systems deployed worldwide offer the ability to reduce false alarms and strengthen checkpoint screening

AUSTIN, Texas, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) today announced that its Board of Directors has initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. The review will include a range of potential actions, including raising equity capital, reverse mergers, combination transactions, and the sale of all or part of the Company’s business, and other possible strategic or financial transactions.

AUSTIN, Texas, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or (“Astrotech”), today announced that it has appointed Scott Bartley as Interim Chief Financial Officer (“CFO”) of the Company, effective as of October 20, 2025.

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.

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.

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.

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 enhancing narcotics trace detection inspection capabilities in global emerging markets.

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.

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.

EN-SCAN GC-MS Product Line For Air, Water, and Soil Analysis To Be Introduced at PITTCON 2025

AUSTIN, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (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 Financial Officer.

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.

AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (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”).

Astrotech (NASDAQ: ASTC), an innovative science and technology company, is reporting on fiscal-year financial results and key company developments for the period ended June 30, 2024. According to the report, highlights for the year include a revenue increase of $1.7 million as 1st Detect, the company’s subsidiary, gained traction in the international passenger market with its explosives trace detectors (“ETD”); an increase in gross margin of 45% compared to 41% in the prior period; approval from the U.S. Transportation Security Administration (“TSA”) for the TRACER 1000 for the Air Cargo Security Technology List; the company’s entrance into the Developmental Test and Evaluation, which involves the Transportation Security Laboratory (“TSL”) testing the TRACER 1000; and the creation of Pro-Control, a wholly owned subsidiary. In addition, 1st Detect began accepting orders for its proprietary TRACER 1000 Narcotics Trace Detector (“NTD”) from worldwide customers and both the TRACER 1000 NTD and the TRACER 1000 ETD becoming registered with the U.S. General Services Administration (“GSA”) IT Schedule 70, which allows sales to the U.S. federal government.

Astrotech (NASDAQ: ASTC), through its subsidiary 1st Detect, is revolutionizing narcotics and explosives trace detection. “With recent approval as a U.S. General Services Administration (‘GSA’) authorized vendor, 1st Detect is poised to expand its impact across government agencies. TRACER 1000 is a cutting-edge detector utilizing ruggedized mass spectrometry technology for superior detection at critical security points. 1st Detect’s commitment to excellence is underscored by its recent achievements and milestones, including its approval by the GSA as an authorized vendor for key government-related applications. This opens doors to 1st Detect’s products to a wide array of opportunities within government agencies tasked with ensuring national security. At the heart of 1st Detect’s portfolio lies the TRACER 1000… This instrument represents the pinnacle of innovation in both Explosives Trace Detection (‘ETD’) and now Narcotics Trace Detection (‘NTD’), offering unmatched performance and versatility for screening applications,” a recent article reads. “This development is particularly crucial for airport security and government agencies involved in combating the illicit drug trade by making updates for new drug profiles easy. By incorporating such advancements in mass spectrometry technology widely regarded as the ‘gold standard’ in the industry, Astrotech has set a new standard for accuracy and reliability in narcotics detection.”

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