News Archives

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services and in the commercialization of space technologies, today announced a realignment of its corporate structure in order to optimize operational efficiencies. The Company’s action follows an evaluation of each business and a review of strategic alternatives. Astrotech’s corporate realignment includes the termination of James Royston, President of Astrotech Corporation....
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Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced that it has concluded its engagement with Lazard Middle Market following a review of strategic alternatives by its board of directors....
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Astrotech Corporation (NASDAQ: ASTC) today announced that General (Ret.) Lance W. Lord has resigned as a Member of the Board of Directors of Astrotech Corporation and as Chief Executive Officer, Astrotech Space Operations (ASO) effective June 18, 2010.

“It has been an honor working with the entire Astrotech team over the last several years,” General (Ret.) Lance Lord said. “I have accomplished what I set out to do with Astrotech. I’m convinced the ASO business is in great hands and will continue to be successful.”...
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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, 2010 of its fiscal year 2010.

Third Quarter Results
The Company posted a third quarter fiscal year 2010 net loss of $0.6 million, or $(0.04) per diluted share, on revenue of $6.6 million, compared with a third quarter fiscal year 2009 net income of $3.6 million, or $0.21 per diluted share, on revenue of $11.8 million.

Nine Months Results...
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Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced the results of the Company's Annual Meeting of Shareholders held on March 5, 2010....
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Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the second quarter ended December 31, 2009 of its fiscal year 2010.

Second Quarter Results
The Company posted a second quarter fiscal year 2010 net income of $1.7 million, or $0.09 per diluted share on revenue of $8.1 million, compared with a second quarter fiscal year 2009 net loss of $1.6 million, or $(0.09) per diluted share, on revenue of $3.8 million....
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Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced that its Board of Directors has set the date for the Company's Annual Meeting of Shareholders as well as the record date for shareholders eligible to vote at the meeting.

The Annual Shareholders' Meeting will be held on Friday, March 5, 2010 at 9:00 am (Central Time) at the Company’s Corporate Headquarters, located at 401 Congress Avenue, Suite 1650 in Austin, Texas. Shareholders of record as of the close of business on January 15, 2010 will be eligible to vote at the meeting....
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