ASTROTECH APPOINTS STRATEGIC ADVISORY BOARD TO HELP ADVANCE LUNAR RESOURCES AND INFRASTRUCTURE INITIATIVE

AUSTIN, Texas, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) ("Astrotech" or the "Company"), today announced the formation of its Strategic Advisory Board and the appointment of four inaugural members: Dennis Wingo; Maj. Gen. (Ret.) John M. Olson, Ph.D.; Clive R. Neal, Ph.D.; and Gregory R. "Greg" Baiden, Ph.D. The advisors will also support the Company's planned response to NASA's Next Space Technologies for Exploration Partnerships-3 ("NextSTEP-3") Appendix A: Lunar Enabling Infrastructure Accelerator ("LEIA") (“Appendix A Proposal”).

The Strategic Advisory Board is expected to provide technical and strategic guidance as the Company evaluates technology priorities, partnerships, mission architectures and commercialization pathways involving lunar resource mining, autonomous surface operations, materials processing, communications, power, advanced manufacturing, artificial intelligence and quantum computing, and prepares its planned Appendix A Proposal.