Astrotech Corporation

Astrotech Corporation
NasdaqASTC
IndustryScience & Technology
Founded1984 (1984)
Headquarters,
U.S.
Number of locations
3
Key people
Thomas Pickens, CEO
ServicesTechnology Incubator
Number of employees
71

Astrotech Corporation, formerly Spacehab Inc., is a technology incubator headquartered in Austin, Texas. Astrotech uses technology sourced internally and from research institutions, government laboratories, and universities to fund, manage and sell start-up companies. Astrotech Corporation's subsidiaries provide commercial products and services to NASA, the U.S. Department of Defense, national space agencies, and global commercial customers.

Astrotech Corporation was established in 1984. Prior to 2009, it was known as SPACEHAB, Inc., a company that provided space habitat microgravity experimentation equipment and services to NASA during the Space Shuttle era. As the Shuttle program came to an end, the company put more focus on its spacecraft processing business, Astrotech Space Operations, Inc. (ASO), its mass spectrometer instrumentation business, 1st Detect, Inc. and its microgravity vaccine development company, Astrogenetix, Inc. In August 2014, the company sold Astrotech Space Operations. In February 2015, the company acquired defect correction software and Astral Images Corp. was created to commercialize government funded satellite imagery processing technology and research into automated image correction and enhancement.