Astrotech Corporation
Astrotech Enters Amended Indemnification Agreements and Sees Officer Changes
Summary
On December 18, 2024, Astrotech Corporation updated its indemnification agreements for directors and made amendments related to certain officers, as approved by the Board of Directors. The amended agreements cover indemnification for expenses such as attorneys' fees, judgments, and settlements arising from directors' and officers' service. No significant departures or appointments of officers were reported beyond the scope of this update.
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About Astrotech Corporation
Astrotech Corporation is a diversified technology company engaged in the development and commercialization of science-driven solutions. The primary function of Astrotech is to innovate and create advanced technologies for industries such as aerospace, biotechnology, and industrial applications. One of the key areas where the company makes an impact is in the field of chemical detection, where it offers sophisticated equipment and systems designed to identify molecular compounds in security and environmental settings. The corporation is also involved in the production of mass spectrometers, contributing significantly to scientific research and safety-oriented environments. Headquartered in Austin, Texas, Astrotech Corporation plays a strategic role in the market by bridging the gap between scientific research and practical, real-world applications, making it a notable entity in the tech and industrial sectors.
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