Astrotech Corporation (ASTC)
ASTC Price and Sentiment
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Astrotech Corp (NASDAQ: ASTC) reported FY21 revenue of $0.334 million, a decrease of 31.6% year-over-year. Loss from operations reduced to $(7.91) million, compared to $(8.11) million a year ago.
AUSTIN, Texas--(BUSINESS WIRE)--Astrotech Corporation (Nasdaq: ASTC) reported its financial results for the fiscal year ended June 30, 2021. Fiscal year 2021 represented a turning point for Astrotech Corporation. We successfully raised a total of $74.3 million in gross proceeds from equity offerings, strengthening our balance sheet and sufficiently capitalizing the company for the foreseeable future. We plan to ramp sales of our mass spectrometry instrumentation and explore other strategic oppo
Astrotech Corp (NASDAQ: ASTC) subsidiary 1st Detect has secured a purchase order for its TRACER 1000, representing the first units deployed at an airport security checkpoint. The financial terms of the order were not disclosed.
The stock price of Astrotech Corporation (NASDAQ: ASTC) increased by over 15% pre-market. This is why it happened.
AUSTIN, Texas--(BUSINESS WIRE)-- #airportsecurity--Astrotech Corporation (NASDAQ: ASTC) announced today that its 1st Detect subsidiary has secured an important landmark purchase order for its TRACER 1000™, representing the first units to be deployed at an airport security checkpoint. Including prior sales to worldwide cargo facilities, the TRACER 1000 explosives trace detector (ETD) will now be operating in fifteen locations in ten countries throughout Europe and Asia. The Astrotech Mass Spectrometer Technology™
AUSTIN, Texas--(BUSINESS WIRE)-- #Aglab--Astrotech Corporation (NASDAQ: ASTC) announced today that its AgLAB Inc. subsidiary has hired Joe Levinthal, a hemp and cannabis industry veteran and an expert in mass spectrometry, as its Chief Science Officer, to help lead AgLAB's product development team. Joe brings an extensive background in applying highly complex scientific instrumentation to develop products derived from hemp and cannabis, and he has worked with some of the leading companies in the industr
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AUSTIN, Texas--(BUSINESS WIRE)--Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the third quarter of fiscal year 2021, which ended March 31, 2021. During and subsequent to quarter end, we continued to strengthen our balance sheet for future growth by raising $50.1 million in total proceeds. As we expect to ramp up sales of our TRACER 1000™ explosives trace detector (ETD), launch the AgLAB-1000-D2™, and develop, in partnership with the Cleveland Clinic Foundation (Clevela
Astrotech Announces Closing of $37.3 Million Bought Deal Offering of Common Stock and Full Exercise of Option to Purchase Additional Shares2021-04-12 17:07
AUSTIN, Texas--(BUSINESS WIRE)--Astrotech Corporation (NASDAQ: ASTC), announced today the closing of its previously announced underwritten public offering of 24,885,828 shares of its common stock, which included 3,245,977 shares sold pursuant to the full exercise of the underwriter's option to purchase additional shares, at a price to the public of $1.50 per share, less underwriting discounts and commissions. The gross proceeds to the Company from the offering were approximately $37.3 million,