ASTC | Market Cap: $13.7M (10/12/26)
Industry:
Hardware

DESCRIPTION

Astrotech commercializes field-deployable mass spectrometer instruments based on its proprietary technology platform. The company's primary commercial business is 1st Detect, which manufactures and sells the TRACER 1000, an explosive and narcotics trace detector used across aviation security checkpoints, cargo facilities, border crossings, and law enforcement centers. Astrotech also develops analytical instruments through specialized subsidiaries, including AgLAB for cannabis distillation analytics, EN-SCAN for portable environmental testing, and Pro-Control for industrial chemical process monitoring. Astrotech operates primarily as a hardware manufacturer, selling instruments directly to airport operators, cargo security companies, and government security organizations, as well as through channel distributors. In addition to upfront device sales, Astrotech generates recurring revenue through maintenance contracts and required operational consumables.

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