Astrotech announces subsidiary received purchase order for TRACER 1000 ETDs

Astrotech (ASTC) announced that its 1st Detect subsidiary has received a purchase order for its TRACER 1000 explosive trace detectors, ETDs, from Intuitive Research and Technology Corporation a TSA contractor. The purchase order is valued at $429K and should be recognized in FY2025. “This is a major milestone for the Company as our first TSA Approved Tracer 1000 ETD sale. We look forward to introducing our near zero false alarm mass spectrometry-based trace detection to the U.S. cargo market,” said Thomas B. Pickens III, Chairman and Chief Executive Officer of 1st Detect.