Astrotech Reports First Quarter of Fiscal Year 2027 Financial Results
Globe Newswire•13/11/2026•16:15 ET
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Key Highlights
- ➤Q1 revenue $274,000, down from $297,000 year over year
- ➤Q1 net loss $2.948 million, improving from $3.465 million
- ➤Operating expenses $3.141 million, down 15.7% year over year
- ➤TRACER 1000 deployed in approximately 38 locations across 17 countries
- ➤Astrotech submitted NASA LEIA proposal to advance 6-kW lunar power system
Expert Statements
Thomas B. Pickens, III, Chairman, Chief Executive Officer and Chief Technology Officer of Astrotech
“Our first-quarter results reflect the dedication of our team and executing against our strategic priorities.”
Thomas B. Pickens, III, Chairman, Chief Executive Officer and Chief Technology Officer of Astrotech
“As we look ahead to the remainder of fiscal year 2027, we remain focused on disciplined execution, investing in opportunities that strengthen our business, and creating long-term value for our shareholders.”
AUSTIN, Texas, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the first quarter of fiscal year 2027, which ended September 30, 2026.
First Quarter Fiscal 2027 Highlights * As of September 30, 2026, the Company had deployed the TRACER 1000 in approximately 38 locations in 17 countries across the United States, Europe, Central America and Asia.
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