<SEC-DOCUMENT>0001515971-12-000250.txt : 20120809
<SEC-HEADER>0001515971-12-000250.hdr.sgml : 20120809
<ACCEPTANCE-DATETIME>20120809070030
ACCESSION NUMBER:		0001515971-12-000250
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20120803
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120809
DATE AS OF CHANGE:		20120809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASTROTECH Corp \WA\
		CENTRAL INDEX KEY:			0001001907
		STANDARD INDUSTRIAL CLASSIFICATION:	GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
		IRS NUMBER:				911273737
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34426
		FILM NUMBER:		121018456

	BUSINESS ADDRESS:	
		STREET 1:		401 CONGRESS AVE.
		STREET 2:		SUITE 1650
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
		BUSINESS PHONE:		5124859530

	MAIL ADDRESS:	
		STREET 1:		401 CONGRESS AVE.
		STREET 2:		SUITE 1650
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPACEHAB INC \WA\
		DATE OF NAME CHANGE:	19951006
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k080812.htm
<DESCRIPTION>8-K
<TEXT>
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<HEAD>
<TITLE>Astrotech Corporation</TITLE>
<META NAME="date" CONTENT="08/08/2012">
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<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<A NAME="_GoBack"></A><P style="margin:0px; padding-top:4px; font-size:12pt; border-top:3px double #000000" align=center><B>UNITED STATES</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>WASHINGTON, DC 20549</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:16pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:12pt" align=center><B>CURRENT REPORT PURSUANT</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>TO SECTION 13 OR 15(D) OF THE</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>SECURITIES EXCHANGE ACT OF 1934</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=center><B>Date of Report (Date of earliest event reported): August 3, 2012</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:24pt" align=center><B>Astrotech Corporation</B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=197.733 /><TD width=12.333 /><TD width=197.667 /><TD width=12.333 /><TD width=197.667 /></TR>
<TR><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=top width=197.733><P style="margin:0px" align=center><B>Washington </B></P>
</TD><TD style="margin-top:0px" valign=bottom width=12.333><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=top width=197.667><P style="margin:0px" align=center><B>001-34426 </B></P>
</TD><TD style="margin-top:0px" valign=bottom width=12.333><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=top width=197.667><P style="margin:0px" align=center><B>91-1273737</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=197.733><P style="margin:0px; font-size:9pt" align=center>(State or other jurisdiction</P>
<P style="margin:0px; font-size:9pt" align=center>of incorporation) </P>
</TD><TD style="margin-top:0px" valign=bottom width=12.333><P style="margin:0px; font-size:9pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=197.667><P style="margin:0px; font-size:9pt" align=center>(Commission File Number) </P>
</TD><TD style="margin-top:0px" valign=bottom width=12.333><P style="margin:0px; font-size:9pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=197.667><P style="margin:0px; font-size:9pt" align=center>(IRS Employer Identification No.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=302.6 /><TD width=12.6 /><TD width=302.533 /></TR>
<TR><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=302.6><P style="margin:0px" align=center><B>401 Congress Ave. Suite 1650 Austin, Texas</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=12.6><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=top width=302.533><P style="margin:0px" align=center><B>78701</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=302.6><P style="margin:0px; font-size:9pt" align=center>(Address of principal executive offices) </P>
</TD><TD style="margin-top:0px" valign=bottom width=12.6><P style="margin:0px; font-size:9pt">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=302.533><P style="margin:0px; font-size:9pt" align=center>(Zip Code)</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center>Registrant&#146;s telephone number, including area code: <B>(512) 485-9530</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><FONT style="margin-bottom:1.333px; padding-top:1.333px; border:1px solid #000000">(Former name or former address, if changed since last report.)</FONT></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.933px; font-family:Wingdings; float:left">o</P>
<P style="margin:0px; text-indent:-2px">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.933px; font-family:Wingdings; float:left">o</P>
<P style="margin:0px; text-indent:-2px">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.933px; font-family:Wingdings; float:left">o</P>
<P style="margin:0px; text-indent:-2px">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.933px; font-family:Wingdings; float:left">o</P>
<P style="margin:0px; text-indent:-2px">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style=page-break-before:always;margin-top:0;margin-bottom:-4pt;font-size:4pt /><P style="margin-top:0px; margin-bottom:-2px; width:66px; float:left"><B>Item&nbsp;5.02</B></P>
<P style="margin:0px; padding-left:66px; text-indent:-2px"><B>Departure of Director of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px">On August 3, 2012, John Porter was terminated as Senior Vice President, Chief Financial Officer, Treasurer and Secretary of Astrotech Corporation (the &#147;Company&#148;) and from all positions at subsidiaries of the Company.&nbsp; As of the date of this report, no new compensatory or severance arrangements have been entered into in connection with Mr. Porter&#146;s termination. Should any such arrangements be entered into in the future, the material terms of such arrangements will be disclosed in a subsequent filing.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">On August 9, 2012, the Company also announced the appointment of Carlisle &#147;Kirk&#148; Kirkpatrick, 45, as Chief Financial Officer, Treasurer and Secretary of Astrotech Corporation, effective as of August 9, 2012. Mr. Kirkpatrick (i) is eligible to receive a cash and stock performance bonus to be determined by the Company&#146;s compensation committee, based on the achievement of performance criteria established by the Company's compensation committee, and (ii) is entitled to participate in the Company's eligible customary health, welfare and fringe benefit plans.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">From November 2010 to July 2012, Mr. Kirkpatrick served as a Managing Director of IncuHive, LLC, a business incubator focused on developing early and middle stage companies in the mobile commerce and risk solutions space. From November 2006 to November 2010, Mr. Kirkpatrick served as Executive Vice President and Chief Financial Officer of Authentium, Inc. In that capacity, Mr. Kirkpatrick was responsible for all aspects of the company's financial matters, including financial reporting and accounting, cash management and financing. From January 2001 to November 2006, Mr. Kirkpatrick served as Vice President, Corporate Development with Seisint, later acquired by LexisNexis Risk Solutions (a division of Reed Elsevier), and was responsible for the company's middle market M&amp;A activities and FP&amp;A group. &nbsp;From July 1998 to January 2001, Mr. Kirkpatrick served as a Managing Principal and a founding member of Accenture&#146;s venture capital group, which managed $500 million in partner capital and invested in over 100 high-tech companies worldwide.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:66px; float:left"><B>Item&nbsp;8.01</B></P>
<P style="margin:0px; text-indent:-2px"><B>Other Events.</B></P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px">On August 9, 2012, the Company issued a press release regarding the matters described in this Current Report on Form 8-K, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:66px; float:left"><B>Item&nbsp;9.01</B></P>
<P style="margin:0px; text-indent:-2px"><B>Financial Statements and Exhibits.</B></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:36px; width:66px; clear:left; float:left">(d)</P>
<P style="margin:0px; text-indent:-2px">Exhibits</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:66px; float:left">99.1</P>
<P style="margin:0px; text-indent:-2px">Press release, dated August 9, 2012, issued by Astrotech Corporation.</P>
<P style="margin-top:0px; margin-bottom:16px; clear:left"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin-top:0px; margin-bottom:13.333px; page-break-before:always" align=center><B>SIGNATURES</B></P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=21.133 /><TD width=204.667 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px">Date: August 9, 2012</P>
</TD><TD style="margin-top:0px" width=225.8 colspan=2><P style="margin:0px">ASTROTECH CORPORATION<B>.</B></P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.133><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px" width=204.667><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.133><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px" width=204.667><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.133><P style="margin:0px">By:</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" width=204.667><P style="margin:0px">/s/ Thomas B. Pickens III</P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" width=225.8 colspan=2><P style="margin:0px">Name:Thomas B. Pickens III</P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" width=225.8 colspan=2><P style="margin:0px">Title:<FONT style="font-size:7.5pt">&nbsp;</FONT>Chairman of the Board and Chief</P>
</TD></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" width=225.8 colspan=2><P style="margin:0px">Executive Officer</P>
</TD></TR>
</TABLE>
<P style="margin-top:0px; margin-bottom:13.333px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; font-size:9pt; page-break-before:always" align=center><B>EXHIBIT INDEX</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=98.933 /><TD width=6.333 /><TD /><TD width=6.333 /><TD width=120.933 /></TR>
<TR><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=98.933><P style="margin:0px; font-size:9pt" align=center><B>Exhibit No.</B></P>
</TD><TD style="margin-top:0px" valign=top width=6.333><P style="margin:0px; padding:0px; font-size:9pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom><P style="margin:0px; font-size:9pt" align=center><B>Description</B></P>
</TD><TD style="margin-top:0px" valign=top width=6.333><P style="margin:0px; padding:0px; font-size:9pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=120.933><P style="margin:0px; font-size:9pt" align=center><B>Paper (P) or</B></P>
<P style="margin:0px; font-size:9pt" align=center><B>Electronic (E)</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=98.933><P style="margin:0px; font-size:9pt">99.1</P>
</TD><TD style="margin-top:0px" valign=top width=6.333><P style="margin:0px; padding:0px; font-size:9pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom><P style="margin:0px; font-size:9pt">Press release, dated August 9, 2012, issued by Astrotech Corporation.</P>
</TD><TD style="margin-top:0px" valign=top width=6.333><P style="margin:0px; padding:0px; font-size:9pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=120.933><P style="margin:0px; font-size:9pt">E</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<HEAD>
<TITLE>Exhibit 99.1</TITLE>
<META NAME="author" CONTENT="Barker">
<META NAME="date" CONTENT="08/08/2012">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<P style="margin:0px; font-size:9pt" align=right><B>Exhibit 99.1</B></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px" align=justify><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=213.333 /></TR>
<TR><TD style="margin-top:0px"><P style="margin:0px"><img src="exhibit991001.jpg" alt="[exhibit991001.jpg]" align=middle height=37 width=193></P>
</TD><TD style="margin-top:0px" valign=top width=213.333><P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right><B>Astrotech Corporation</B></P>
<P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right>401 Congress, Suite 1650</P>
<P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right>Austin, TX 78701</P>
<P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right>512.485.9530</P>
<P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right>Fax: &nbsp;&nbsp;512.485.9531</P>
<P style="margin:0px; font-family:Verdana,Times New Roman; font-size:8pt" align=right>www<FONT style="font-family:Wingdings">&#158;</FONT>astrotechcorp<FONT style="font-family:Wingdings">&#158;</FONT>com</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><B>FOR IMMEDIATE RELEASE</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=center><B>ASTROTECH CORPORATION APPOINTS CARLISLE KIRKPATRICK AS CHIEF FINANCIAL OFFICER</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=justify>Austin, Texas, August 9, 2012- Astrotech Corporation (NASDAQ: ASTC) today announced that it has appointed Carlisle &#147;Kirk&#148; Kirkpatrick as Chief Financial Officer (&#147;CFO&#148;) of the company. Mr. Kirkpatrick&#146;s appointment is effective as of August 9, 201<A NAME="_GoBack"></A>2 and follows the departure of John Porter as the Company&#146;s Chief Financial Officer. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>&quot;The Board and I are delighted to welcome Mr. Kirkpatrick to Astrotech Corporation,&quot; stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. &quot;The Company and its shareholders are fortunate to have someone of his caliber join our executive leadership. &nbsp;Kirk has significant expertise as a senior financial executive and he brings the right skill set to the team.&quot;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px">From November 2010 to July 2012, Mr. Kirkpatrick served as a Managing Director of IncuHive, LLC, a business incubator focused on developing early and middle stage companies in the mobile commerce and risk solutions space. From November 2006 to November 2010, Mr. Kirkpatrick served as Executive Vice President and Chief Financial Officer of Authentium, Inc. In that capacity, Mr. Kirkpatrick was responsible for all aspects of the company's financial matters, including financial reporting and accounting, cash management and financing. From January 2001 to November 2006, Mr. Kirkpatrick served as Vice President, Corporate Development with Seisint, later acquired by LexisNexis Risk Solutions (a division of Reed Elsevier), and was responsible for the company's middle market M&amp;A activities and FP&amp;A group. &nbsp;From July 1998 to January 2001, Mr. Kirkpatrick served as a Managing Principal and a founding member of Accenture&#146;s venture capital group, which managed $500 million in partner capital and invested in over 100 high-tech companies worldwide.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">&quot;I am very pleased to join Astrotech Corporation as its CFO,&quot; said Mr. Kirkpatrick. &quot;The Company has some tremendous opportunities and I will strive to maximize the value that is being created.&nbsp; The Company is poised for growth and I look forward to being part of the team.&quot;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Mr. Kirkpatrick&#146;s appointment follows John Porter`s separation from Astrotech Corporation, which was effective on August 3, 2012. Speaking on behalf of the Board of Directors, Chairman Thomas B. Pickens III said, &quot;We very much appreciate John`s efforts and his service to Astrotech Corporation since his appointment in 2009. John has been an important member of our leadership team and made a number of substantial contributions to Astrotech Corporation during his tenure.&quot;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=justify><B>About Astrotech Corporation and Astrotech Space Operations (ASO)</B></P>
<P style="margin:0px" align=justify>Astrotech is one of the first space commerce companies and remains a strong entrepreneurial force in the aerospace industry. We are leaders in identifying, developing and marketing space technology for commercial use. Our Astrotech Space Operations (ASO) has been a global satellite processing leader since 1981. With nearly 300 successful spacecraft missions to date, Astrotech continues to provide adaptable and flexible services for its government and commercial customers. &nbsp;Astrotech Space Operations provides all support necessary for successful spacecraft processing to prepare for launch on a variety of domestic and foreign launch vehicles. Spacecraft undergo pre-launch hardware integration and testing, satellite encapsulation, and fueling before transport to the pad. &nbsp;Astrotech Space Operations business unit serves our satellite and spacecraft customers with pre-launch services on the eastern (Kennedy Space Center) and western (Vandenberg Air Force Base) ranges. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><I>This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the Company&#146;s Securities and Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.</I></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><I>FOR MORE INFORMATION:</I></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Astrotech Corporation</P>
<P style="margin:0px" align=justify>512.485.9530</P>
<P style="margin:0px" align=justify>IR@astrotechcorp.com</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center>###</P>
<P style="margin:0px" align=center><BR>
<BR></P>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
