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09.27.2019 - Astrotech Reports Fiscal Year 2019 Financial Results
 

Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the fourth quarter and fiscal year ended June 30, 2019. 

Astrotech’s 1st Detect subsidiary continues to generate interest following its official launch of the TRACER 1000™ explosives trace detector (ETD) on June 26, 2019, due to its advantages over current generation ETDs, including:...

09.20.2019 - Astrotech Launches A New Subsidiary And A New Line Of Products 
 

Astrotech Corporation (NASDAQ: ASTC) has created a new subsidiary company, Agriculture Technology Corporation (AG-TECH), in response to a growing number of inquiries from the agriculture industry requiring detection of trace levels  of harmful pesticides in agricultural products. The mass-spec technology that is currently owned by the Astrotech subsidiary, Astrotech Technology Inc. (ATI), is...

06.25.2019 - 1st Detect Launches the Tracer 1000™ 
 

1st Detect Corporation, a wholly-owned subsidiary of Astrotech Corporation (NASDAQ: ASTC), today announced that it is officially launching the TRACER 1000, the world’s first European Civil Aviation Conference (ECAC) certified desktop mass spectrometer explosives trace detector (MS-ETD), enabling airports and air cargo facilities worldwide to stay ahead of emerging threats, lower operating costs, and improve screening throughput...

05.13.2019 - Astrotech Reports Third Quarter Of Fiscal Year 2019 Financial Results
 

Astrotech Corporation ("Astrotech" or the "Company") (NASDAQ: ASTC)  reported its financial results for the third quarter of fiscal year 2019 ended March 31, 2019. The third quarter was pivotal for Astrotech’s 1st Detect subsidiary, having announced on February 21 that it received official European Civil Aviation Conference (ECAC) certification for both passenger and cargo screening. With a near-zero...

04.17.2019 - Astrotech's CEO Makes Investment In The Company
 

Astrotech Corporation ("Astrotech" or the "Company") (NASDAQ: ASTC) today announced that it has entered into and closed a private placement of the sale of its equity securities for aggregate gross proceeds to the Company of approximately $2 million, before deducting offering-related expenses. The Company plans to use the proceeds from the financing primarily for working capital and general corporate purposes.

02.21.2019 - Astrotech Announces Major Milestone – 1st Detect Receives ECAC Certification
 

 Astrotech Corporation (NASDAQ: ASTC) today announced that its wholly-owned subsidiary, 1st Detect, received formal certification for both passenger and cargo screening for its explosives trace detector (ETD), the TRACER 1000, from the European Civil Aviation Conference (ECAC) and can now sell its product internationally. “The 1st Detect TRACER 1000 ECAC certification marks the end of the...

02.19.2019 - Astrotech Subsidiary 1st Detect Appoints Raj Mellacheruvu As President And Chief Executive Officer
 

 Astrotech subsidiary 1st Detect is very pleased to announce the appointment of Raj Mellacheruvu as President and Chief Executive Officer (CEO), effective immediately.  Former CEO Thomas B. Pickens III will continue to serve in his role as Chairman of the Board.  Mr. Mellacheruvu has spent his career commercializing innovative technologies in both startup and large enterprise environments. Most recen...

02.12.2019 - Astrotech Reports Second Quarter of Fiscal Year 2019 Financial Results
 

The second quarter was a pivotal quarter for Astrotech’s 1st Detect subsidiary, which announced on December 12, 2018 that its TRACER 1000 passed the rigorous European Civil Aviation Conference (ECAC) Common Evaluation Process (CEP) tests for airport checkpoint screening of passengers. Subsequent to the quarter-end, on January 7, 2019, the Company announced that the TRACER 1000 also...

01.07.2019 – Astrotech Announces 1st Detect Passes Europe's ECAC Cargo Test and Looks to Receive ECAC Certification in the Near-Term

Astrotech Corporation (NASDAQ: ASTC) today announced that its wholly-owned subsidiary, 1st Detect, has received initial notice that its explosives trace detector (ETD), the TRACER 1000, has successfully passed the European Civil Aviation Conference (ECAC)’s Common Evaluation Process (CEP) test for airport cargo screening. The TRACER 1000 was the first mass spectrometry-based ETD to pass ECAC’s...