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Astrotech Corporation

Astrotech Launches New Subsidiary EN-SCAN for Environmental Testing Instruments

| 8-K |Technology

Summary

On February 28, 2025, Astrotech Corporation announced the creation of EN-SCAN, Inc., a wholly owned subsidiary focused on manufacturing and selling environmental testing instruments using its proprietary technology. The new subsidiary's product line, set to be introduced at PITTCON 2025, is designed for air, water, and soil analysis. EN-SCAN's offerings include the Rugged-Lab GC-MS, Fenceline Monitor, and Handheld GC, each catering to different environmental testing needs. This move aims to fill a market gap for durable, portable GC-MS instruments suitable for field use. The announcement was made via a press release, a copy of which is furnished as Exhibit 99.1.

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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.

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