Astrotech Corporation
Astrotech Awarded DHS Research and Development Contract for Next-Gen Explosives Trace Detection
Summary
On January 14, 2025, Astrotech Corporation announced that its wholly-owned subsidiary, 1st Detect Corporation, has been awarded a research and development contract by the U.S. Department of Homeland Security to develop the TRACER 1000 for next-generation explosives trace detection. The contract is valued at up to $1,290,650 over 30 months and supports DHS's objectives to enhance ETD capabilities. A press release detailing the contract was furnished as Exhibit 99.1 to this 8-K filing.
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Exhibits (1)
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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.
Official SEC Documents
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