News Archives

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the first quarter ended September 30, 2009 of its fiscal year 2010.

First Quarter Results...
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Astrotech Corporation (NASDAQ: ASTC) today announced financial results for its fourth quarter and fiscal year ended June 30, 2009.

Fourth Quarter Results
The Company posted a fourth quarter fiscal year 2009 net income of $2.6 million, or $0.15 per diluted share on revenue of $10.4 million compared with a fourth quarter fiscal year 2008 net loss of $1.5 million, or $(0.11) per diluted share on revenue of $6.1 million.

Fiscal Year Results...
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Astrotech Corporation (NASDAQ: ASTC) today announced that its Board of Directors appointed John Porter as Astrotech’s Chief Financial Officer on a permanent basis, effective July 21, 2009. Mr. Porter, a Senior Vice President of the Company, has been serving as Interim CFO since the resignation of Brian K. Harrington on June 4, 2009....
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Astrotech Corporation (NASDAQ: ASTC) announced today that its Board of Directors has adopted a limited duration shareholder rights plan (the “Rights Plan”), pursuant to which a dividend distribution of one preferred share purchase right will be made for each outstanding share of common stock. The rights will not be exercisable unless a person or group becomes, or launches a tender offer to become the beneficial owner of 15% or more of the Company's outstanding common stock (including derivative positions), subject to certain exceptions....
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Astrotech Corporation (NASDAQ: ASTC) Chairman and Chief Executive Officer, Thomas B. Pickens III today issued the following statement regarding the 40th anniversary of the first moon landing by Apollo 11....
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Astrotech Corporation (NASDAQ:ASTC - News) announced today that the Company received notice on June 18, 2009 from The NASDAQ Stock Market ("NASDAQ") confirming that it has regained compliance with the minimum bid price rule for continued listing. NASDAQ confirmed that the closing bid price of the Company's common stock has been at $1.00 per share or greater for at least 10 consecutive trading days. As a result, the Company is currently in compliance with all continued listing standards....
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Astrotech Corporation (NASDAQ: ASTC - News) today announced that Brian K. Harrington has resigned as Senior Vice President, Chief Financial Officer, Treasurer and Secretary effective June 04, 2009. John Porter, Astrotech Corporation’s Senior Vice President, will serve as the Company’s Interim CFO as the Company searches for Mr. Harrington’s successor....
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AirWard Corporation, a subsidiary of Astrotech Corporation (Nasdaq: ASTC), announced today that it has delivered its first shipment of certified containers that meet the Department of Transportation (DOT) requirements under Rule HM-224B. The order was manufactured at AirWard’s facilities in Houston, Texas and delivered to the customer earlier this week....
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1st Detect Corporation, a subsidiary of Astrotech Corporation (Nasdaq: ASTC), announced today it is the recipient of a Phase I award from the U.S. Army’s Chemical and Biological Defense (CBD) Small Business Innovation Research (SBIR) Program. The award will go to the development of a novel sample inlet system to significantly improve the sensitivity of mass spectrometers....
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Astrogenetix, Inc., a subsidiary of the Astrotech Corporation (Nasdaq:ASTC), today announced preliminary findings from its microgravity-based virulence survey aboard Shuttle Discovery (STS-119) launched on March 15, 2009. These results showed that methicillin-resistant Staphylococcus aureus (MRSA) and other microbes exhibit altered phenotypical responses during spaceflight....
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Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the third quarter ended March 31, 2009 of its fiscal year 2009.

Third Quarter Results
The Company posted a third quarter fiscal year 2009 net income of $3.6 million, or $0.21 per diluted share on revenue of $11.8 million compared with a third quarter fiscal year 2008 net loss of $0.8 million, or $0.06 per diluted share, on revenue of $6.6 million.

Nine Months Results...
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Astrotech Corporation, a leading provider of commercial space services, announced today that the Company will change its Nasdaq stock ticker symbol from SPAB to ASTC, in conjunction with its previously announced name change from SPACEHAB Incorporated to Astrotech Corporation. The stock ticker change has gone into effect for the trading community this morning, Monday, May 4, 2009....
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AirWard Corporation, a subsidiary of Astrotech Corporation (Nasdaq: SPAB), announced today that it has received an order to provide the first certified containers that meet the Department of Transportation (DOT) CFR 49 thermal resistant container requirements. The order is being manufactured at AirWard’s facilities in Houston, Texas....
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Astrotech Corporation, (NASDAQ: SPAB), a leading provider of commercial space services, released today that the RSC Energia agreement in principle with the Company’s SPACEHAB Orbital Transportation, Inc. subsidiary, which was announced late last year, has now been formalized into a $1.8 million contract. Russia’s largest manufacturer of aerospace and space equipment will utilize Astrotech’s Cape Canaveral, Florida payload processing facilities and receive support services from Astrotech to prepare its Mini Research Module (MRM1) for flight aboard the U.S....
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Astrotech Corporation (Nasdaq: SPAB), a leading provider of commercial space services, today announced its Astrotech Space Operations subsidiary is partnering with Syncomm, a derivative of the esteemed Hughes Aircraft Company, to provide the commercial satellite customer with expertise in end-to-end aerospace systems....
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Astrotech Corporation (Nasdaq: SPAB), a leading provider of commercial space services, today announced its partnership with the aerospace economic development entity, Space Florida. The joint venture will provide key elements to Astrotech’s end-to-end mission assurance solution, streamlining the process for commercial space customers to acquire support across a spacecraft’s lifecycle.

Together, both organizations will provide a singular approach to global satellite market needs. Astrotech’s and Space Florida’s unique series of innovative solutions include:

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SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, announced today that it is changing its corporate name to Astrotech Corporation. The shareholders of the Company’s common stock authorized the corporate name change at the annual meeting held on Feb.10, 2009. SPACEHAB has filed for and received approval for the name change with the state of Washington....
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SPACEHAB, Incorporated (NASDAQ: SPAB), a provider of commercial space services, announced today the outcome of the Company's shareholder meeting held on February 10, 2009. ...
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SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, today announced financial results for the second quarter ended December 31, 2008 of its fiscal year 2009.

Second Quarter Results...
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SPACEHAB Inc. (NASDAQ: SPAB) announced today that its Astrotech subsidiary located in Titusville, Florida was awarded two contracts totaling $3.2 million from United Launch Alliance (ULA) in support of the ground processing of Geostationary Operational Environmental Satellites, GOES O&P. Both satellites are scheduled for launch in 2009. ...
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SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, reached an agreement in principal with RSC Energia, Russia's largest manufacturer of aerospace and space equipment, to provide facilities and support services for its Mini Research Module (MRM1). The MRM1 will be readied for its journey aboard the U.S. Space Shuttle at the SPACEHAB Cape Canaveral payload processing location....
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