Astrotech Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $14.5M
- Price
- $6.86
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.29%
- Volume
- 29.1K
About
Astrotech Corporation is an international company focused on developing and bringing to market scientific and technological advancements. Its operations are structured into three distinct segments: Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc (AgLAB). ATI is responsible for holding the intellectual property rights to and licensing its proprietary AMS Technology, which serves as its foundational mass spectrometry platform. The 1st Detect division manufactures sophisticated trace detectors for identifying explosives and narcotics. Its key offering, the TRACER 1000, is an advanced mass spectrometer designed to supersede existing explosives detection equipment in high-security environments such as airports, cargo facilities, and border crossings. AgLAB's focus includes the development of the AgLAB-1000, a mass spectrometer tailored for applications within the hemp and cannabis sectors. Additionally, this segment is creating the BreathTest-1000, an analytical tool intended for screening volatile organic compound metabolites in breath samples. Originally established in 1984 under the name SPACEHAB, Inc., the company officially rebranded as Astrotech Corporation in 2009. Its corporate headquarters are situated in Austin, Texas.
Quick stats
Shares outstanding2.1M
Computed float1.8M
Float / shares85.6%
Key info
SectorIndustrials
IndustryAerospace & Defense
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001001907
AI Summary
AI-generated1/29
minorbearishearnings
Astrotech Reports Fiscal Year 2026 Financial Results
Astrotech reported FY2026 revenue of $913,000, down roughly 13% from $1,049,000 a year earlier, with net loss widening to $14.4 million from $13.9 million.
Gross profit fell to $217,000 from $475,000 as cost of revenue rose, though total operating expenses declined 6% to $14.4 million.
The company ended the year with $11.3 million in cash and short-term investments and announced a new strategic initiative via subsidiary Lunar Power and Light targeting lunar infrastructure and resource development.
The TRACER 1000 is now deployed in roughly 37 locations across 16 countries, and the company launched its Labrador handheld gas chromatograph during the year.
Red flags
- revenue declined year-over-year while net loss widened to $14.4M
- cash and short-term investments fell from $18.2M to $11.3M with ongoing ~$14M annual operating losses
- speculative lunar initiative with no disclosed funding or near-term revenue path
- interim CFO in place