Highest-materiality recent filing
Astrotech board authorizes potential sale of 1st Detect subsidiary to fund lunar mining initiative
Board approved management to engage in sale process for 1st Detect, developer of TRACER 1000 mass spectrometry ETD.
Astrotech enters $24.5M ATM equity offering agreement with H.C. Wainwright
ATM agreement with H.C. Wainwright for sale of up to $24,492,819 of common stock.
Astrotech Q2 FY2026 R&D expense down 25% YoY; Tracer 1000 in 35 locations
R&D expense $1.832M, down 25% from Q2 FY2025 as company transitions from development to commercial sales.
Transaction Bonus Plan approved: bonus pool equals 10% of first $50M net proceeds, 5% of $50-100M, 2% over $100M; minimum $30M net proceeds to activate.
Astrotech CFO Jennifer Canas resigns effective immediately
Jennifer Canas resigned as CFO, Treasurer and Secretary effective October 17, 2025.
Astrotech reports FY 2025 revenue $1.0M, cash $18.2M, launches EN-SCAN subsidiary
Revenue decreased to $1.0M; gross margin 45.3% vs 45.1% prior year.
Astrotech appoints Jennifer Cañas as CFO, replacing Ryan Polk, effective May 22, 2025
Ryan Polk removed as CFO, Treasurer, Secretary; his Independent Contractor Agreement terminated effective July 21, 2025.
Astrotech subsidiary awarded $1.29M DHS contract for TRACER 1000 explosives detection R&D
1st Detect Corp awarded DHS R&D contract for next-gen explosives trace detection using TRACER 1000.
Astrotech CFO Jaime Hinojosa resigns, effective Feb 14, 2025
Jaime Hinojosa resigns as CFO, Treasurer and Secretary, effective February 14, 2025.
Astrotech reports FY2024 revenue $1.7M; cash $31.9M; TSA advances TRACER 1000
Revenue $1.7M for FY2024; gross margin improved to 45% from 41% on recurring revenue.
Astrotech’s TRACER 1000 approved by TSA for Air Cargo Security Technology List
TSA approved TRACER 1000 for ACSTL 'Approved' section, advancing to Stage II field testing.
Astrotech subsidiary AgLAB and SC Labs partner to market mass spectrometer and testing method
AgLAB (Astrotech subsidiary) and SC Labs enter master lease agreement for AgLAB 1000-D2 mass spectrometer.
Tracer 1000 NTD uses mass spectrometry; detection library covers 12 illegal drugs including fentanyl, heroin, cocaine.
Astrotech Q2 FY2024 YTD revenue $1.54M, up 512% YoY; cash $37M
YTD revenue $1.54M, up 512% from $301K in prior year period.
1st Detect, Astrotech subsidiary, received order for seven TRACER 1000 explosives trace detectors from Romania-based buyer.
Astrotech Q1 FY2024 revenue $425K, gross margin 43%, cash $39M; new TRACER 1000 order
Revenue $425K vs $38K YoY; gross margin improved to 43% from 16%.
Astrotech Board rejects BML's $17.25/share acquisition proposal as undervaluing company
Offer price of $17.25 is 34% below $26.17 per share of cash and short-term investments as of March 31, 2023.
Astrotech receives unsolicited $17.25/share acquisition proposal from BML
BML Investment Partners offers $17.25 per share cash for all outstanding stock; BML holds ~13% of shares.
Astrotech enters $5.98M ATM equity offering; terminates share repurchase program
Entered at-the-market offering agreement with H.C. Wainwright for up to $5,982,724 of common stock.
Astrotech Q2 FY2023: $46.8M cash, YTD rev $301K, gross margin 38%, new products, $1M buyback
YTD revenue $301K (6mo ended Dec 31, 2022); gross margin improved to 38% from 18% YoY.
the Board appointed Jennifer Cañas, the Company’s existing Controller, as the Chief Financial Officer, Treasurer and Secretary of the Company, including the role of principal financial and accounting officer, effective as of May 22, 2025.
the Board removed Mr. Polk from his positions as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of the Notice Date.
appointed Ryan Polk, 56, as interim Chief Financial Officer, Treasurer and Secretary of the Company, effective as of February 14, 2025
resignation of Mr. Hinojosa from the positions of the Company’s Chief Financial Officer, Treasurer and Secretary, effective February 14, 2025
On January 7, 2025, Jaime Hinojosa informed Astrotech Corporation (the “Company”) of his resignation from the positions of the Company’s Chief Financial Officer, Treasurer and Secretary, effective February 14, 2025.
On January 27, 2023, the Board of Directors (the “Board”) of Astrotech Corporation (the “Company”) increased the size of the Board from four to five directors and appointed Bob McFarland as a director of the Company, effective as of January 27, 2023.
On June 20, 2022, the Board of Directors (the “Board”) of Astrotech Corporation (the “Company”) appointed Jim Becker as a director of the Company, effective as of June 20, 2022, to fill a vacancy on the Board.
On April 20, 2022, Astrotech Corporation (the “Company”) was informed of the death of director Mr. Ronald W. Cantwell, who passed away on April 19, 2022.
In connection with his appointment as CFO, Treasurer and Secretary, on April 12, 2022, the Board, upon the recommendation of the Compensation Committee of the Board, approved an annual base salary for Mr. Hinojosa of $300,000.
On April 5, 2022, Astrotech Corporation (the “Company”) appointed Jaime Hinojosa, 40, as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of April 15, 2022.
On March 31, 2022, Eric Stober informed the Company of his resignation from his positions as the Company’s Secretary, Treasurer and Chief Financial Officer, effective April 15, 2022.
Max materiality 0.75 · Median 0.53 · Most common event other_material