Astrotech Corporation, incorporated on August 22, 1984, is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral). The Astro Scientific is a technology incubator that commercializes technologies, and includes the operations of subsidiaries, such as 1st Detect Corporation (1st Detect) and Astrogenetix, Inc. (Astrogenetix). Astral enables film restoration, enhancement and digitization using an automated process that algorithmically removes dust, scratches and defects to restore it to its original condition. The Company's product portfolio consists of MMS-1000 and OEM-1000.
Astro Scientific
1st Detect develops, manufactures and sells chemical analyzers for use in the airport security, military, food and beverage, research, breath analysis and leak detection markets. The Company has developed a chemical analyzer by leveraging a concept from Oak Ridge National Laboratory and a preliminary design initiated by an engagement with the National Aeronautics and Space Administration (NASA) to develop a mass spectrometer for the International Space Station (ISS). Astrogenetix is a biotechnology company formed to commercialize products processed in the environment of microgravity.
Astrogenetix is focused on developing a Salmonella vaccine. NASA has engaged the Center for Vaccine Development at University of Maryland (UMD) to aid in the filing of an Investigational New Drug (IND) application for a vaccine for Salmonella. The Company's product, MMS-1000, is a desktop mass spectrometer designed for the laboratory market. The OEM-1000 is an original equipment manufacturer (OEM) component that drives the MMS-1000. It is designed to be integrated into customers' packaging and enclosures, and is integrated with application-specific sampling or separation technology.
Astral
Astral segment provides film digitization, image correction and enhancement technology. It offers systems containing off-the-shelf hardware with integrated Astral software, software products and scanning or enhancement services. Astral segment sells film-to-digital conversion, image enhancement, and defect removal and color correction services, providing conversion of television and feature 35 millimeter (mm) and 16mm films to the 4K resolution (4K) ultra-high definition (UHD)/high-dynamic range (HDR) format. Astral segment is also engaged in digital conversion and repair of feature films, film-based television series, sporting events shot on film, film libraries, film archives and consumer media.
The Astral segment offers products, including Astral Black ICE, Astral Color ICE and Astral HDR ICE. Astral Black ICE is focused towards the black-and-white feature film and television series digitization and restoration markets. Astral Color ICE is a software solution that can be integrated into film scanners to enable color image correction and enhancement. Astral HDR ICE is an UHD/HDR/color match conversion software package, which upgrades digital and traditional films to the HDR10 standard.
201 W 5th St Ste 1275
The company trades on NASDAQ exchange. The company headquarter is located in Texas, TX. The company was established in the 1984.| Ticker | ASTC |
| Long Name | Astrotech Corporation |
| Short Name | Astrotech |