other material
confidence high
sentiment positive
materiality 0.60
Astrotech subsidiary AgLAB and SC Labs partner to market mass spectrometer and testing method
ASTROTECH Corp
- AgLAB (Astrotech subsidiary) and SC Labs enter master lease agreement for AgLAB 1000-D2 mass spectrometer.
- Joint marketing of AgLAB Maximum Value Process method to SC Labs customers for hemp and cannabis oil producers.
- AgLAB MVP method aims to improve ending-weight yields by an average of 20% for distilled oils.
- SC Labs is one of the largest multi-state cannabis and hemp testing labs in the U.S.
- Partnership allows real-time analysis during processing to boost yields and profits.