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Astrotech ( (ASTC) ) just unveiled an announcement.
Astrotech Corporation and its subsidiary, 1st Detect Corporation, announced on January 14, 2025, the awarding of a research and development contract by the U.S. Department of Homeland Security. This contract aims to advance the TRACER 1000 for next-generation explosives trace detection, with a total potential value of $1,290,650 over 30 months. The project is divided into two phases and highlights Astrotech’s strengthening position in the security sector.
More about Astrotech
Astrotech Corporation (Nasdaq: ASTC) is a mass spectrometry company focusing on launching, managing, and commercializing scalable companies based on its core technology. Through its subsidiary, 1st Detect Corporation, it develops, manufactures, and sells trace detectors for security and detection markets. The company is headquartered in Austin, Texas.
YTD Price Performance: -3.80%
Average Trading Volume: 23,689
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.42M
For a thorough assessment of ASTC stock, go to TipRanks’ Stock Analysis page.
