Astrotech Corporation (DE) Common Stock
ASTCAstrotech Corporation (ASTC) is a science and technology company that focuses on developing and commercializing breakthrough innovations in areas such as space, health, and security. The company leverages its expertise in supporting space missions and applying advanced technologies to address challenges in health diagnostics, biotech, and other high-tech sectors. Founded with a mission to turn science into practical solutions, Astrotech operates through various subsidiaries specializing in space systems and life sciences.
Company News
Astrotech Corporation has appointed Nihanth Badugu as Chief Operating Officer, effective August 13, 2025. Mr. Badugu, with extensive experience in program management from Thermo Fisher Scientific and PVA Consulting Group, will lead the company's operational efforts.
Astrotech Corporation reported increased revenue and gross margin for the fiscal year 2024, driven by growth in its 1st Detect subsidiary's explosives trace detectors. The company also made progress in the development and certification of its TRACER 1000 product line for the air cargo and government markets.
Turkish stocks closed higher, with the BIST 100 index gaining 0.67%. The top performers were Bosch Fren Sistemleri, Tukas Gida Sanayi ve Ticaret, and Coca-Cola Icecek, while the worst performers were Baticim Bati Anadolu Cimento Sanayi, Katilimevim Tasarruf Finansman, and Agrotech Yuksek Teknoloji ve Yatirim.
AUSTIN, Texas, May 13, 2024 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the third quarter of fiscal year 2024, which ended March 31, 2024.
Astrotech Announces Listing to the GSA as an Approved United States Government Vendor
