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ASTC Stock - Astrotech Corp.


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Astrotech Corporation is a global leader in mass spectrometry technology, owning and licensing the intellectual property related to the Astrotech Mass Spectrometer Technology. This innovative platform is designed for a wide range of applications, enhancing detection capabilities in various fields. The company has developed the TRACER 1000, a mass spectrometer-based explosive trace detector, which is intended to replace the current explosives trace detectors used at airports, cargo facilities, secured locations, and border checkpoints, offering improved safety and efficiency.

In addition to its security applications, Astrotech is also pioneering advancements in the agricultural and medical fields. The AgLAB-1000 is a specialized mass spectrometer designed for the hemp and cannabis market, providing precise analysis to ensure product quality and compliance. Furthermore, the company is developing the BreathTest-1000, a cutting-edge breath analysis tool aimed at screening for volatile organic compound metabolites in human breath, which has potential applications in medical diagnostics and health monitoring.

Astrotech Corporation, originally known as SPACEHAB, Inc. before its rebranding in 2009, was incorporated in 1984 and is headquartered in Austin, Texas. With a strong focus on innovation and technology, Astrotech continues to expand its product offerings and applications, positioning itself as a key player in the mass spectrometry industry. The company is committed to leveraging its technology to enhance security, agricultural, and healthcare solutions worldwide.

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Stock Sector: Aerospace and Defense: Products and Services

 

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