Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its wholly owned subsidiary, 1st Detect Corporation, have announced that its TRACER 1000(TM) is now listed in the U.S. General Services Administration (“GSA”) IT Schedule 70, making the company an approved U.S. government vendor. The device can be found under Contract No. GS-35F-250GA with SRI Group LLC, Special Item Number 334290. According to the announcement, IT Schedule 70 is a long-term contract issued to commercial technology vendors that allows sales to the U.S. government, one of the largest buyers of goods and services in the world. A high-performance laboratory instrument of ruggedized mass spectrometry, 1st Detect’s TRACER 1000 can identify traces of explosives and narcotics. The company also announced that 1st Detect has engaged with SRI Group LLC, a distinguished GSA provider headed by John Halinski, the retired deputy administrator of the Transportation Security Administration (“TSA”). “The Astrotech Mass Spectrometer Technology(TM) drives the breakthrough TRACER 1000, as the first certified Explosives Trace Detection (‘ETD’) to employ mass spectrometry,” said the company in the press release. “We believe the TRACER 1000 is inexpensive, small and easy to use, with high resolution and near-zero false alarms. The TRACER 1000 is the only mass spectrometry-based ETD to have received European Civil Aviation Conference certification for both checkpoint and cargo security.”
To view the full press release, visit https://ibn.fm/qkYJs
About Astrotech Corp.
Astrotech is an innovative science and technology company that invents, acquires and commercializes technological innovations while building scalable companies to maximize shareholder value. 1st Detect develops, manufactures and sells trace detectors for use in the security and detection market. For more information, please visit www.AstrotechCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to ASTC are available in the company’s newsroom at https://ibn.fm/ASTC
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