Astrotech Moves to Austin, Texas

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ASTROTECH PRESS RELEASE

Space-age biotech company lands in Austin
Austin American-Statesman

The satellite and space research company Astrotech Corp. officially splashed down in Austin this week, with a private dinner for business leaders Monday night and a Wednesday night reception at the Long Center where the guests included a NASA executive.

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Discovery to Carry Vaccine Research Aloft

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ASTROGENETIX PRESS RELEASE

Along with supply and equipment cargo bound for the International Space Station, Space Shuttle Discovery STS-128 will carry an additional scientific payload being conducted by Austin-based Astrogenetix, the first commercial space company to use microgravity to discover the foundation of new medicines.

Specifically, research will be conducted on Staphylococcus aureus and Salmonella microbes in search of a potential target for a therapeutic agent or vaccine candidate. These bacterial microbes are known to cause hundreds of thousands of medically diagnosed infections every year around the world.

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Space Could Be Key to Vital Vaccines

Vaccines in Space: Taking Biotech to Microgravity Labs
Popular Mechanics

Last month the public watched as astronauts on the space shuttle Atlantis conducted risky spacewalks to fix the Hubble Space Telescope. But there was another, quieter task that the astronauts pursued – a commercial drug experiment aimed at finding a vaccine against a deadly staph infection besetting hospitals.

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Astrotech CFO Resigns

ASTROTECH PRESS RELEASE

Astrotech Corporation (NASDAQ: ASTC – News) today announced that Brian K. Harrington has resigned as Senior Vice President, Chief Financial Officer, Treasurer and Secretary effective June 04, 2009.

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Astrotech Nets $3.6 Million in Third Quarter

astrotech-logoASTROTECH PRESS RELEASE

Astrotech Corporation (NASDAQ:ASTC), a leading provider of commercial space services, today announced financial results for the third quarter ended March 31, 2009 of its fiscal year 2009.

Third Quarter Results

The Company posted a third quarter fiscal year 2009 net income of $3.6 million, or $0.21 per diluted share on revenue of $11.8 million compared with a third quarter fiscal year 2008 net loss of $0.8 million, or $0.06 per diluted share, on revenue of $6.6 million.

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Astrotech to Support Energia on MRM1 Station Launch

PRESS RELEASE

Astrotech Corporation, (NASDAQ: SPAB – News), a leading provider of commercial space services, released today that the RSC Energia agreement in principle with the Company’s SPACEHAB Orbital Transportation, Inc. subsidiary, which was announced late last year, has now been formalized into a $1.8 million contract.

Russia’s largest manufacturer of aerospace and space equipment will utilize Astrotech’s Cape Canaveral, Florida payload processing facilities and receive support services from Astrotech to prepare its Mini Research Module (MRM1) for flight aboard the U.S. Space Shuttle during the STS-132 mission.

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