Astrotech’s 1st Detect Awarded Phase II of Next Generation Chemical Detection Solution
July 07 2015 - 9:00AM
Business Wire
Company to Collaborate with Battelle;
Continue Introduction and Testing of New Capabilities to Current
Military Chemical Detection Solutions
1st Detect Corporation, a subsidiary of Astrotech (Nasdaq:ASTC),
announced today that its breakthrough portable mass spectrometer
technology has reached another milestone in the military’s
three-phase, multi-year Next Generation Chemical Detector (NGCD)
development program. Together with Battelle, 1st Detect has
officially entered the phase II test and evaluation process for its
prototype Multi-Sample Identifier Detector (MSID) solution.
“Reaching this second phase of the NGCD project is a vote of
confidence in the viability of 1st Detect’s mass spectrometer
detection solution. It provides us with an inimitable opportunity
to refine the solution in a way that will meet the challenging
needs of our military and effectively save lives,” explained Thomas
B. Pickens III, CEO of Astrotech. "We are working in close
collaboration with our key partner Battelle to validate and refine
our joint detection solution, and we’ll continue to leverage their
elaborate biological and chemical defense expertise to advance the
solution to the final phase with the Government," he added.
The mass spectrometer instrument developed by 1st Detect
Corporation has revolutionized the chemical detection and analysis
market by delivering lab performance mass spectrometry in a
miniaturized, affordable and easily portable package. The 1st
Detect mass spectrometer is capable of detecting a wide variety of
chemicals including residues and vapors from explosives, chemical
warfare agents, toxic chemicals, food and beverage contaminants,
and pollutants. These abilities make it an ideal tool for a
variety of applications in the research, security, industrial,
process flow and healthcare markets.
“We are pleased to see that the tremendous research and
development efforts of our technical Program Team have proved
successful, ultimately translating into technical detection
solutions advanced enough to satisfy the extensive requirements and
milestones set forth by our government,” stated Bob Kibler, CEO of
1st Detect.
About 1st Detect Corporation
1st Detect Corporation was formed by Astrotech Corporation
(Nasdaq:ASTC) to develop and commercialize miniature mass
spectrometer technology first developed under an agreement with
NASA for use on the International Space Station. 1st Detect offers
a breakthrough miniaturized mass spectrometer that fills an unmet
need by being highly accurate, rapid, lightweight, and
cost-effective. For more information on 1st Detect Corporation,
please visit www.1stDetect.com.
About Astrotech Corporation
Astrotech is a leader in identifying and commercializing space
technology for terrestrial use. 1st Detect Corporation is
developing what we believe is a breakthrough miniaturized mass
spectrometer, the MMS-1000™, while Astrogenetix, Inc. is a
biotechnology company utilizing microgravity as a research platform
for drug discovery and development. Both are wholly owned
subsidiaries of the parent.
About Battelle Memorial Institute
Every day, the people of Battelle apply science and technology
to solving what matters most. At major technology centers and
national laboratories around the world, Battelle conducts research
and development, designs and manufactures products, and delivers
critical services for government and commercial customers.
Headquartered in Columbus, Ohio, since its founding in 1929,
Battelle serves the national security, health and life sciences,
and energy and environmental industries. For more information,
visit www.battelle.org.
For more information contact Katy Delaney at (614)424-7208 or at
delaneyk@battelle.org or contact T.R. Massey at (614) 424-5544 or
at masseytr@battelle.org
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’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.
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Astrotech CorporationJoshua Elbaum, +1 512-485-9530VP,
Marketing
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