Astrotech Q2 FY2025 revenue $295k; cash $24.7M; new DHS contract

ASTROTECH Corp

Q2 FY2025 revenue of $295K, primarily from DHS activities for TRACER 1000 ETD.
Cash and liquid investments of $24.7M, expected to support R&D and growth.
1st Detect awarded DHS R&D contract 70RSAT24CB0000015 for TRACER 1000 on Jan 14, 2025.
Received purchase order from Intuitive Research (TSA contractor) for TRACER 1000 on Jan 23, 2025.
Introduced TRACER NTD for narcotics (fentanyl, heroin, THC) and Pro-Control for chemical manufacturing.

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