Astrotech Corporation ASTC

ASTC Company Overview

Astrotech Corporation (NASDAQ: ASTC) is a technology development and commercialization company focused on mass spectrometry and related analytical instrumentation technologies. The company operates primarily in the scientific instrumentation and security technology industries, developing products designed for trace detection, chemical analysis, and process monitoring applications. Its core business activities center on advancing proprietary mass spectrometry platforms for use in airport security screening, industrial process control, environmental monitoring, and healthcare-related diagnostics.

The company’s principal operating businesses include 1st Detect Corporation, which develops explosive and narcotics trace detectors for security applications, and AgLAB Inc., which focuses on analytical instrumentation for agricultural and food safety markets. Astrotech has historically positioned itself around miniaturized mass spectrometry technologies intended to deliver laboratory-grade analytical capabilities in portable or field-deployable systems. Founded in 1984, the company originally operated in the aerospace services sector under the name SPACEHAB, Inc., providing space habitat modules and related services to NASA before transitioning toward commercial technology development and analytical instrumentation through acquisitions, restructuring initiatives, and internal research efforts.