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12.09.2015 – Astrotech Board of Directors Extends Repurchase of Up to $5 Million of the Company's Outstanding Common Stock

 

Astrotech Corporation (NASDAQ: ASTC) announced its Board of Directors extended the share repurchase plan that was originally announce on December 16, 2014, for another 12 months to December 31, 2016.  

 

“Our strong balance sheet supports our commitment to return capital to shareholders while we simultaneously invest in emerging, disruptive technologies,” said Thomas B. Pickens III, Chairman and CEO.  “Extending our share repurchase program highlights our confidence in our financial strength and our ability to increase shareholder value, particularly as we extract the unrecognized value of each of our businesses.”...

11.09.2015 – Astrotech Reports First Quarter of Fiscal Year 2016 Financial Results

 

Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the quarter ended September 30, 2015, the first quarter of fiscal year 2016.

 

“Astrotech continues to execute our plan to commercialize the breakthrough technologies of our three subsidiaries,” said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation. “1st Detect is positioned to turn the corner from a research and development (R&D) focus to an operating company. In the first quarter of fiscal year 2016, we increased investment in R&D and sales. In October, we launched our next generation process chemical analyzer, and the quantity and quality of interest received at the premier petrochemical and refining industry conference...

11.04.2015 – 1st Detect, Astrotech Subsidiary, Expands U.S. Patent Portfolio for Chemical Analyzers

 

1st Detect Corporation, a subsidiary of Astrotech Corporation (NASDAQ: ASTC), was awarded two patents by the United States Patent Office (USPTO) securing the company’s core ion trap chemical analyzer technology used for chemical detection and analysis.  This increases 1st Detect’s total patent count to 11 U.S. and nine international issued and 11 U.S. and 17 international pending...

11.03.2015 – 1st Detect CEO Bob C. Kibler Has Passed Away

 

The board of Astrotech Corporation (NASDAQ: ASTC), and its subsidiary 1st Detect Corporation, today with deepest regret announced 1st Detect CEO Bob C. Kibler passed away on October 31st due to heart complications. 

 

Mr. Kibler joined the company on June 23, 2014 and served as Chief Executive Officer of 1st Detect Corporation since December 4, 2014. Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation and Chairman of 1st Detect, who was also the CEO of 1st Detect from inception to December 3, 2014 will serve as Acting Chief Executive Officer until a successor is named...

10.20.2015 – Astrotech Subsidiary 1st Detect Launches New iONTRAC Process Chemical Analyzer

 

1st Detect Corporation, a subsidiary of Astrotech (NASDAQ: ASTC), will unveil its new iONTRAC Process Chemical Analyzer at the Gulf Coast Conference (GCC) being held Oct. 20th and 21st at the NRG Park in Houston at Booth 517.

 

“Our new iONTRAC Process Chemical Analyzer monitors and displays real-time analysis, thereby redefining the chemical detection marketplace,” stated Bob Kibler, CEO of 1st Detect. “While delivering laboratory performance, the cost effective, continuous analyzer can greatly improve the throughput and efficiency of industrial processing while providing customers with ‘All the Data, All the Time.’ At the...

10.14.2015 – Astrotech Subsidiary 1st Detect to Exhibit and Contribute Technical Programs at the Gulf Coast Conference

 

1st Detect Corporation, a subsidiary of Astrotech (Nasdaq: ASTC), will exhibit its line of chemical detection and analysis instrumentation at the Gulf Coast Conference (GCC), the premier petrochemical, oil services, and environmental conference, being held Oct. 20th and 21st at the NRG Park in Houston at Booth 517. GCC will host Agilent Technologies, PerkinElmer, Siemens Industry Inc. and Thermo Fisher...

09.23.2015 – Astrotech Reports Fiscal Year 2015 Financial Results

 

Astrotech Corporation (NASDAQ: ASTC), a leader in the commercialization of government sponsored advanced space technologies, today announced financial results for its fourth quarter and fiscal year ended June 30, 2015.

 

“2015 will likely be remembered as one of the best years in the history of Astrotech. The successful sale of Astrotech Space Operations (“ASO”) has provided us with the investment in working capital necessary to finalize the readiness of our products for sale to their target markets,” said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation. "The successful completion of Phase I and the recent...

08.24.2015 – Astrotech Announces Annual Meeting of Shareholders

Astrotech Corporation (“Astrotech” or the “Company”) (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 (the “Annual Meeting”) as well as the record date for shareholders eligible to vote at the meeting.

 

The Annual Meeting will be held on Friday, December 4, 2015 at 9:00 am (Central Time) at 401 Congress Ave, Suite 1650 in Austin, Texas.  Shareholders of record as of the close of business on October 8, 2015 will be eligible to vote at the meeting....

07.07.2015 – ASTROTECH’S 1st DETECT AWARDED PHASE II OF NEXT GENERATION CHEMICAL DETECTION SOLUTION

 

Austin, Texas (July 7, 2015) – 1st Detect Corporation, a subsidiary of Astrotech (Nasdaq:ASTC), announced today that its breakthrough portable mass spectrometer technology has reached another milestone in the military’s three-phase, multi-year Next Generation Chemical Detector (NGCD) development program. Together with Battelle, 1st Detect has officially entered the phase II test and evaluation process...

06.12.2015 – ASTROTECH ANNOUNCES ANNUAL SHAREHOLDERS MEETING AND INVESTOR TOUR OF 1ST DETECT ON JUNE 30, 2015

Astrotech Corporation (Nasdaq:ASTC), a leader in the commercialization of government sponsored advanced space technologies, today announced that the company will host its annual meeting of shareholders at 9AM CST on June 30, 2015 at the 1st Detect Headquarters located at 555 Forge River Road, Suite 100, Webster, TX 77598. In conjunction with this meeting, the company will be providing investors with a laboratory and factory tour, and will include full demonstrations of their products. Astrotech and 1st Detect management will be available...

05.14.2015 – 1ST DETECT AWARDED U.S. PATENT FOR NOVEL MASS SPECTROMETER GAIN CONTROL TECHNOLOGY

1st Detect Corporation, a subsidiary of Astrotech Corporation (Nasdaq:ASTC), announced today that the United States Patent and Trademark Office (“USPTO”) has allowed the issuance of a key patent for increasing the performance of the company’s unique ion trap mass...

05.12.2015 – ASTROTECH'S 1ST DETECT ANNOUNCES ENTRANCE INTO ANOTHER MAJOR MARKET

1st Detect, a subsidiary of Astrotech (NASDAQ:ASTC), is pleased to announce the receipt of an initial order for its disruptive mass spectrometry technology from one of the world's leading snack food producers. The unit will be used for quality control purposes...

05.11.2015 – ASTROTECH REPORTS THIRD QUARTER 2015 FINANCIAL RESULTS

Astrotech Corporation (NASDAQ: ASTC), a leader in the commercialization of government sponsored advanced space technologies, today announced financial results for its third quarter ended March 31, 2015.... 

05.05.2015 – ASTROTECH TO PRESENT AT THE 16TH ANNUAL B. RILEY & CO. INVESTOR CONFERENCE ON MAY 12, 2015

Astrotech Corporation (Nasdaq:ASTC), a leader in the commercialization of government sponsored advanced space technologies, today announced that Thomas B. Pickens III, CEO, and Eric Stober, CFO, will be participating in the 16th Annual B. Riley & Co. Investor Conference. Management will be hosting a formal presentation and webcast on Tuesday, May 12, 2015 at 9:30 am Pacific time in the Echo Park room...

03.27.2015 – ASTROTECH'S 1ST DETECT AWARDED U.S. PATENT FOR NOVEL PRE-CONCENTRATION TECHNOLOGY

1st Detect Corporation, a subsidiary of Astrotech Corporation (Nasdaq:ASTC), announced today that the United States Patent Office (“USPTO”) has issued the company a key patent for improving the sensitivity and identification capability of the company’s unique ion trap...

03.23.2015 – ASTROTECH ACQUIRES STATE-OF-THE-ART IMAGING TECHNOLOGY

Astrotech Corporation (Nasdaq:ASTC), a leading provider of disruptive technology solutions, announced today that it has successfully completed the acquisition of certain key assets and intellectual property from Image Trends, Inc., during a bankruptcy auction held in Austin...

02.17.2015 – ASTROTECH REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS

Astrotech Corporation (NASDAQ: ASTC), a leader in commercializing space technology and chemical detection technologies for use in the research, security, industrial, process flow and healthcare markets, today announced financial results for its second quarter ended...

02.03.2015 – ASTROTECH CORPORATION APPOINTS RAJ MELLACHERUVU AS CHIEF OPERATING OFFICER

Astrotech Corporation (Nasdaq:ASTC) today announced that it has appointed Raj Mellacheruvu as Chief Operating Officer ("COO") of the Company. Mr. Mellacheruvu’s appointment is effective as of February 2, 2015. In this new role, Mr. Mellacheruvu will report to Thomas B. Pickens III, Chairman & CEO of Astrotech Corporation and help lead business operations for Astrotech and its subsidiaries...

01.20.2015 – ASTROTECH'S 1ST DETECT ANNOUNCES INITIAL ORDERS FROM NEW INDUSTRIAL CUSTOMERS

1st Detect, a subsidiary of Astrotech (NASDAQ:ASTC), is pleased to announce the receipt of initial orders for its disruptive mass spectrometry technology. The industries serviced with these orders include petrochemical along with food processing and packaging. Our goal is to position our sensor technology into processing plants and manufacturing lines where process control and quality assurance is crucial. We have identified and targeted several industries that would benefit from our Process Analytical Chemistry / Process Analytical Technology...