On July 16, 2026, Astrotech Corporation increased its Board of Directors from six to seven members and appointed Matthew Kreps as a director. Mr. Kreps, a financial and capital markets executive, was granted 2,150 shares of restricted stock under the 2021 Omnibus Equity Incentive Plan, which vest in equal installments over three years. He will receive standard non-employee director compensation. Astrotech is an instrumentation company that develops and scales innovative businesses in trace detection, process analyzers, and mass spectrometry for space, defense, and industrial markets.

Astrotech Corporation announced on June 16, 2026, that its board of directors has authorized management to engage in a sale process for its subsidiary, 1st Detect Corporation. Astrotech Corporation operates in the technology and space-related industries, providing specialized hardware and software solutions.