Astrotech board authorizes potential sale of 1st Detect subsidiary to fund lunar mining initiative

ASTROTECH Corp

Board approved management to engage in sale process for 1st Detect, developer of TRACER 1000 mass spectrometry ETD.
TRACER 1000 has TSA Air Cargo approval, ECAC certification, DHS award for next-gen ETD; is field-deployed.
Company plans to use proceeds from potential sale to fund previously announced lunar mining initiative.
Thomas Pickens III states the board believes a sale may unlock value for shareholders as ETD market transitions from IMS to mass spectrometry.

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