ASTC - IBN Coverage Initiated for Astrotech Corp. | Benzinga
LOS ANGELES, Jan. 17, 2024 (GLOBE NEWSWIRE) -- via IBN – Astrotech Corp. (NASDAQ:ASTC), an instrumentation company focused on commercializing its proprietary ATi Mass Spectrometer Technology™ that is now used in airports and agriculture applications throughout the world, today announces it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives.
Through its Astrotech Technology Inc. (ATi) subsidiary, Astrotech owns and licenses proprietary mass spectrometry solutions for a variety of industries and applications. Between 2016 and 2019, the company secured U.S. patents for its technology and achieved European Union (ECAC) certification for the TRACER 1000™, the world's first mass-spec Explosives Trace Detector (ETD) used in airports worldwide. Other applications for the company's technology include AgLAB-1000, a process control system, and the BreathTest 1000, a disease detection solution.
Astrotech continues to expand its ATi Mass Spectrometer Technology into new markets and recently announced the introduction of its newest Pro-Control-1000™ product line of instrumentation designed to improve chemical manufacturing efficiencies. Astrotech also announced the creation of its newest wholly owned subsidiary, Pro-Control Inc., which has an exclusive ATi field-of-use license for worldwide chemical manufacturing and process control applications.
As part of the Client Partner relationship, IBN will leverage its investor ...