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Houston, TX (May 4, 2009) - 

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.


Thomas B. Pickens III, Astrotech’s chairman and chief executive officer stated, “Implementing the new name change and trading symbol better aligns our corporate brand with our vision, and enables us to communicate our message more effectively.”



About Astrotech Corporation


Astrotech is a commercial and entrepreneurial force in the space industry providing a full spectrum of products and services to both the government and private sectors. The Company offers spacecraft prelaunch processing facilities and services, production of valuable commercial products in space, development and extension of space-based products to the consumer market, space access and payload integration services program and engineering support ranging from development and manufacturing of flight hardware to large scale government project management.


The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company's Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

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