Astrotech Corporation - Common Stock (ASTC)
5.8501
+0.00 (0.00%)
NASDAQ · Last Trade: Apr 22nd, 7:47 AM EDT
Detailed Quote
| Previous Close | 5.850 |
|---|---|
| Open | - |
| Bid | 4.740 |
| Ask | 6.540 |
| Day's Range | N/A - N/A |
| 52 Week Range | 5.750 - 12.29 |
| Volume | 0 |
| Market Cap | 9.84M |
| PE Ratio (TTM) | -117.00 |
| EPS (TTM) | -0.1 |
| Dividend & Yield | N/A (N/A) |
| 1 Month Average Volume | 3,030 |
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About Astrotech Corporation - Common Stock (ASTC)
Astrotech Corp is a technology company focused on the development and commercialization of advanced solutions for various industries, particularly in the field of aerospace and defense. The company specializes in providing innovative technologies that enhance the efficiency and effectiveness of space missions and national security operations. Astrotech is involved in the production of systems and services that support satellite and spacecraft operations, leveraging its expertise to address complex challenges in the aerospace sector. Additionally, the company works on developing specialized software and hardware that contribute to the broader space exploration and security landscape, making it a pivotal player in the advancement of modern technology applications. Read More
News & Press Releases
AUSTIN, Texas, March 10, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) today announced the launch of its enhanced TRACER 1000™ Narcotics Trace Detector (“TRACER 1000 NTD”) from its 1st Detect subsidiary. This innovative mobilized mass spectrometer is specifically configured to screen for the full range of synthetic opiates and novel psychoactive substances (“NPS”), delivering accuracy and speed to counter the global drug crisis.
By Astrotech Corporation · Via GlobeNewswire · March 10, 2025
EN-SCAN GC-MS Product Line For Air, Water, and Soil Analysis To Be Introduced at PITTCON 2025
By Astrotech Corporation · Via GlobeNewswire · February 28, 2025
AUSTIN, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) ("Astrotech" or the "Company") announced the resignation of its Chief Financial Officer, Jaime Hinojosa, effective February 14, 2025. Mr. Hinojosa will continue to serve in the CFO role until February 14, 2025, and after that time will provide transition services to the Company on a consulting basis through June 30, 2025. In connection with this development, the Company and its Board of Directors have appointed Ryan Polk to serve as interim Chief Financial Officer.
By Astrotech Corporation · Via GlobeNewswire · January 24, 2025
Robotics Could Revolutionize Medical Diagnostics
Conventional healthcare employs the use of manual testing techniques that are prone to delays and errors. These errors may affect patient care and diagnosis, leading to loss of valuable time for treatment.
Via Investor Brand Network · June 17, 2024
AUSTIN, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) announced today that its 1st Detect subsidiary has received a purchase order for its TRACER 1000™ explosive trace detectors (ETDs) from Intuitive Research and Technology Corporation (INTUITIVE®) a TSA contractor. The purchase order is valued at $429K and should be recognized in FY2025.
By Astrotech Corporation · Via GlobeNewswire · January 23, 2025
AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) ("Astrotech" or the "Company") and its wholly-owned subsidiary, 1st Detect Corporation, announced that the Company has been awarded research and development (“R&D”) contract 70RSAT24CB0000015 (“Contract”) with the U.S. Department of Homeland Security (“DHS”) to research, develop and mature the TRACER 1000 for DHS next generation explosives trace detection (“ETD”).
By Astrotech Corporation · Via GlobeNewswire · January 14, 2025
TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Releases Financial Report, Corporate Updates for FY 2024
Astrotech (NASDAQ: ASTC), an innovative science and technology company, is reporting on fiscal-year financial results and key company developments for the period ended June 30, 2024. According to the report, highlights for the year include a revenue increase of $1.7 million as 1st Detect, the company’s subsidiary, gained traction in the international passenger market with its explosives trace detectors (“ETD”); an increase in gross margin of 45% compared to 41% in the prior period; approval from the U.S. Transportation Security Administration (“TSA”) for the TRACER 1000 for the Air Cargo Security Technology List; the company’s entrance into the Developmental Test and Evaluation, which involves the Transportation Security Laboratory (“TSL”) testing the TRACER 1000; and the creation of Pro-Control, a wholly owned subsidiary. In addition, 1st Detect began accepting orders for its proprietary TRACER 1000 Narcotics Trace Detector (“NTD”) from worldwide customers and both the TRACER 1000 NTD and the TRACER 1000 ETD becoming registered with the U.S. General Services Administration (“GSA”) IT Schedule 70, which allows sales to the U.S. federal government.
Via Investor Brand Network · September 20, 2024
TechMediaBreaks – Astrotech Corporation (NASDAQ: ASTC) Sets New Standard for Accuracy, Reliability in Narcotics Detection
Astrotech (NASDAQ: ASTC), through its subsidiary 1st Detect, is revolutionizing narcotics and explosives trace detection. “With recent approval as a U.S. General Services Administration (‘GSA’) authorized vendor, 1st Detect is poised to expand its impact across government agencies. TRACER 1000 is a cutting-edge detector utilizing ruggedized mass spectrometry technology for superior detection at critical security points. 1st Detect’s commitment to excellence is underscored by its recent achievements and milestones, including its approval by the GSA as an authorized vendor for key government-related applications. This opens doors to 1st Detect’s products to a wide array of opportunities within government agencies tasked with ensuring national security. At the heart of 1st Detect’s portfolio lies the TRACER 1000… This instrument represents the pinnacle of innovation in both Explosives Trace Detection (‘ETD’) and now Narcotics Trace Detection (‘NTD’), offering unmatched performance and versatility for screening applications,” a recent article reads. “This development is particularly crucial for airport security and government agencies involved in combating the illicit drug trade by making updates for new drug profiles easy. By incorporating such advancements in mass spectrometry technology widely regarded as the ‘gold standard’ in the industry, Astrotech has set a new standard for accuracy and reliability in narcotics detection.”
Via Investor Brand Network · July 10, 2024
Wyoming Hemp Shops File Lawsuit Seeking to Reverse Hemp Intoxicants Ban
An agricultural organization and a group of hemp retailers have filed a lawsuit against the state of Wyoming. This comes after the state’s legislators enacted the ban at a budget session earlier this year.
Via Investor Brand Network · July 9, 2024
Study Suggests AI Models Could Be Relying on ‘Demographic Shortcuts’ During Medical Diagnosis
New research has determined that artificial intelligence (AI) models may be depending on “demographic shortcuts” when making medical diagnoses. Prior studies had determined that these models could reliably predict a patient’s race from their chest X-rays, something even the best radiologists couldn’t do.
Via Investor Brand Network · July 5, 2024
CRS Says ‘Miller Amendment’ Won’t Ban CBD, Other Cannabinoids from Hemp
An analysis conducted by the Congressional Research Service has determined that not all hemp cannabinoids will be prohibited under a recently proposed amendment for the upcoming Farm Bill. The legislative agency stated that the amendment, which would crack down on the distribution of unregulated hemp products, wouldn’t affect nonpsychoactive natural compounds from the hemp crop, including CBD.
Via Investor Brand Network · June 27, 2024
Colorado AG Sues Firm That Sold Marijuana While Calling It Hemp
Attorney General Phil Weiser is suing a marijuana product retailer in Colorado for selling cannabis marketed as industrial hemp . The retailer, Gee Distributors, is based in Greely and operates as CBDDY. The business’ owner, Christopher Landon Eoff, is also being sued by the AG.
Via Investor Brand Network · June 25, 2024
CannabisNewsBreaks – Astrotech Corporation’s (NASDAQ: ASTC) TRACER 1000(TM) Receives ‘Approved’ Status on Air Cargo Security Technology List
Astrotech (NASDAQ: ASTC) and its wholly owned subsidiary, 1st Detect Corporation, today announced that the U.S. Transportation Security Administration (“TSA”) has approved the TRACER 1000(TM) for the Air Cargo Security Technology List (“ACSTL”) following thorough assessment by the TSA QG2 Technical Review Panel (“TRP”). Following the approval, regulated parties in the U.S., such as the air cargo market, which are required to use the ACSTL, can now purchase the TRACER 1000. This approval, the announcement noted, advances the TRACER 1000 to Stage II testing. Once the field testing is successfully completed, the TRACER 1000 will move to the “Qualified” section of the ACSTL. “Being listed as ‘approved’ on the ACSTL is an important milestone for the company. We are now the first and only mass spectrometer ETD on the ACSTL. We look forward to selling the TRACER 1000 to the regulated air cargo market in the United States as we continue to strengthen our domestic sales efforts. Also, we received a Cooperative Research and Development Agreement (“CRADA”) from the TSA that advances the company to the next step in the ongoing TSA passenger checkpoint approval process. All of this is very exciting to be on the path to opening both the domestic cargo and domestic checkpoint markets,” Tom Pickens, CEO and CTO of Astrotech, said.
Via Investor Brand Network · June 20, 2024
CannabisNewsBreaks – Astrotech Corporation’s (NASDAQ: ASTC) TRACER 1000(TM) Receives ‘Approved’ Status on Air Cargo Security Technology List
Astrotech (NASDAQ: ASTC) and its wholly owned subsidiary, 1st Detect Corporation, today announced that the U.S. Transportation Security Administration (“TSA”) has approved the TRACER 1000(TM) for the Air Cargo Security Technology List (“ACSTL”) following thorough assessment by the TSA QG2 Technical Review Panel (“TRP”). Following the approval, regulated parties in the U.S., such as the air cargo market, which are required to use the ACSTL, can now purchase the TRACER 1000. This approval, the announcement noted, advances the TRACER 1000 to Stage II testing. Once the field testing is successfully completed, the TRACER 1000 will move to the “Qualified” section of the ACSTL. “Being listed as ‘approved’ on the ACSTL is an important milestone for the company. We are now the first and only mass spectrometer ETD on the ACSTL. We look forward to selling the TRACER 1000 to the regulated air cargo market in the United States as we continue to strengthen our domestic sales efforts. Also, we received a Cooperative Research and Development Agreement (“CRADA”) from the TSA that advances the company to the next step in the ongoing TSA passenger checkpoint approval process. All of this is very exciting to be on the path to opening both the domestic cargo and domestic checkpoint markets,” Tom Pickens, CEO and CTO of Astrotech, said.
Via CannabisNewsWire · June 20, 2024
Austin, Texas, June 20, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) ("Astrotech" or the "Company") and its wholly-owned subsidiary, 1st Detect Corporation, announce that the U.S. Transportation Security Administration (“TSA”) has approved the TRACER 1000™ for the Air Cargo Security Technology List (“ACSTL”). This action advances the TRACER 1000 to Stage II testing, whereupon successful completion of field testing will move it to the “Qualified” section on the ACSTL. This approval was awarded after the TRACER 1000 was thoroughly assessed by the TSA QG2 Technical Review Panel (“TRP”). Regulated parties in the U.S., such as the air cargo market, which are required to utilize the ACSTL can now purchase the TRACER 1000.
By Astrotech Corporation · Via GlobeNewswire · June 20, 2024
HempNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Subsidiary Partners with Multistate Testing Lab to Market Proprietary AgLAB Solutions
Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its subsidiary, AgLAB, have entered into a master lease agreement with SC Labs; the companies are working together to jointly market the AgLAB 1000-D2(TM) mass spectrometer and the AgLAB Maximum Value Process testing method to SC Labs customers. AgLAB has pioneered applications featuring the Astrotech Mass Spectrometer Technology that specifically target the hemp and cannabis markets while SC Labs, one of the largest multistate cannabis and hemp-testing labs in the United States, delivers industry-leading, science-based innovations in cannabis and hemp testing. The partnership between the two entities extends SC Labs’ analytical services directly into its clients’ production spaces by offering AgLAB’s solutions that provide real-time feedback for optimizing distillation efficiency. AgLAB noted that the AgLAB 1000 product development involves a high degree of risk and uncertainty with no guarantee that any new product will be successfully developed. “We are thrilled to announce the agreement between AgLAB and SC Labs,” said Astrotech CEO and CTO Thomas B. Pickens III in the press release. “Working together, SC Labs’ customers gain access to our AgLAB MVP solution for use directly in their production facilities. We anticipate the AgLAB MVP method will improve customers ending-weight yields by an average of 20%, and these gains should go directly to their bottom line.”
Via Investor Brand Network · June 14, 2024
Astrotech Corp. (NASDAQ: ASTC) Expands Role of Mass Spectrometry in Industrial Processes
Mass spectrometry (“MS”) is becoming a transformative analytical technique that has revolutionized how materials are tested and processed in various industries, such as petrochemical. The supreme accuracy of MS in analyzing the molecular structure, purity, and potency of a substance has made it an indispensable part of several key sectors. In manufacturing settings, MS is a game-changer, as it is able to enhance the production processes with higher purity and yields. A key benefit is the ability to make these determinations directly in the production process making near-real-time adjustments, versus the delays traditionally incurred by sending the samples to the lab.
Via Investor Brand Network · June 14, 2024
HempNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Releases Q3 202 Financial Report, Astrotech Subsidiary AgLAB, Inc. Announces Joint Effort with SC Labs
Astrotech (NASDAQ: ASTC), an innovative science and technology company, in Austin, Texas, June 13, 2024 (GLOBE NEWSWIRE) — AgLAB, Inc., (“AgLAB”) a subsidiary of Astrotech Corporation (NASDAQ: ASTC) (“Astrotech”, or the “Company”), and SC Labs announced today that the companies will be jointly marketing the AgLAB 1000-D2 TM mass spectrometer and the AgLAB Maximum Value Process testing method (“AgLAB MVP”), to SC Labs customers. This comes with the companies entering into a master lease agreement.
Via Investor Brand Network · June 13, 2024
Idaho on Course to Double Hemp Production
Farmers in Idaho are set to plant almost two times as much hemp this year as they did in 2023. Data from the state’s department of agriculture shows that last year, state farmers planted more than 1,200 acres of hemp. This is more than three times the hemp planted in 2022 when the state permitted farmers to begin cultivating the industrial crop.
Via Investor Brand Network · June 13, 2024
AUSTIN, Texas, June 13, 2024 (GLOBE NEWSWIRE) -- AgLAB, Inc., (“AgLAB”) a subsidiary of Astrotech Corporation (NASDAQ: ASTC) (“Astrotech”, or the “Company”), and SC Labs announced today that the companies will be jointly marketing the AgLAB 1000-D2TM mass spectrometer and the AgLAB Maximum Value Process testing method (“AgLAB MVP”), to SC Labs customers. This comes with the companies entering into a master lease agreement.
By Astrotech Corporation · Via GlobeNewswire · June 13, 2024
DeSantis Plans on Vetoing Bill Banning Hemp Intoxicants in Florida
Florida’s governor may soon reject a legislation — Senate Bill 1698 — that would limit and regulate the sale of marijuana products in the state. The legislation, if signed into law, would restrict the sale of products with THC. It would also ban the manufacture and sale of potent products that contain delta 8 and 10.
Via Investor Brand Network · June 6, 2024
Astrotech Corp. (NASDAQ: ASTC) Subsidiary, “1st Detect”, Focuses on Superior Narcotics Trace Detection For Airport and Other Security Sites
Astrotech (NASDAQ: ASTC), through its subsidiary 1st Detect, is revolutionizing narcotics and explosives trace detection. With recent approval as a U.S. General Services Administration (“GSA”) authorized vendor, 1st Detect is poised to expand its impact across government agencies. TRACER 1000, a cutting-edge detector utilizing ruggedized mass spectrometry technology for superior detection at critical security points. 1st Detect’s commitment to excellence is underscored by its recent achievements and milestones, including its approval by the U.S. General Services Administration as an authorized vendor for key government-related applications ( https://ibn.fm/EdwZq ). This opens doors to 1st Detect’s products to a wide array of opportunities within government agencies tasked with ensuring national security.
Via Investor Brand Network · June 5, 2024
Breakthrough Research Uncovers Benefits of Hidden Respiratory Disease Diagnosis
A recently conducted clinical trial has determined that treating individuals with undiagnosed chronic obstructive pulmonary disease or asthma improved their health and decreased healthcare visits for respiratory symptoms in the time they were diagnosed.
Via Investor Brand Network · May 31, 2024
House Version of Farm Bill Tweaked, Language Banning Intoxicating Products from Hemp Added
Language banning intoxicating hemp products has been included in the U.S. House of Representatives proposed farm bill. This comes as cannabis farmers in states such as Nevada and California continue to call for a crackdown on intoxicating hemp, which is virtually identical to their own nonintoxicating products.
Via Investor Brand Network · May 30, 2024
Republican House Leaders Want Farm Bill to Reduce Regulatory Barriers Faced by Hemp Growers
Republican leaders in the house have presented a draft version of a large-scale agriculture bill that could decrease regulatory barriers for some hemp farmers and curtail a ban on industry participation by individuals with previous drug felony convictions. The bill is notably silent on provisions that would ban cannabinoid products derived from hemp.
Via Investor Brand Network · May 23, 2024