1st Detect’s Tracer 1000™ Deployed in Live Screening at Miami International Airport
November 14 2019 - 07:00AM
Business Wire
Astrotech Corporation’s (NASDAQ: ASTC) 1st Detect subsidiary
announced today that it was selected by the U.S. Department of
Homeland Security (DHS) Transportation Security Administration
(TSA) to conduct live screening with the TRACER 1000™ at Miami
International Airport. The invitation was in response to the TSA
Innovation Task Force (ITF) Innovative Demonstrations for
Enterprise Advancement (IDEA) Broad Agency Announcement (BAA).
The ITF works in partnership with airports, airlines, and
industry partners to foster innovation in aviation security. It was
created to help find and deploy the very best technology for
increasing security and improving the passenger experience. The ITF
enables accelerated productization of innovative new technologies
by deploying products in real-world environments and allowing for
the collection of valuable operational field data and feedback.
“We are excited to be part of TSA’s ITF program that introduces
cutting edge technologies to live environments in the United
States. This testing will help us further refine our product as we
continue through the TSA certification and qualification process,”
stated Raj Mellacheruvu, Chief Executive Officer of 1st Detect.
“Much like their counterparts the world over, we are confident that
the security personnel at Miami International Airport will be
pleased with the ability of the Tracer 1000 to detect explosives
with near-zero false alarms, its low cost of ownership, and its
near 100% operational uptime.”
About Astrotech Corporation
Astrotech (NASDAQ: ASTC) is a science and technology development
and commercialization company that launches, manages, and builds
scalable companies based on innovative technology in order to
maximize shareholder value. 1st Detect develops, manufactures, and
sells explosives and narcotics trace detectors for use in the
security and detection markets. Astrotech is headquartered in
Austin, Texas. For information, please visit
www.astrotechcorp.com.
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, whether we can successfully develop our proprietary
technologies and whether the market will accept our 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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version on businesswire.com: https://www.businesswire.com/news/home/20191114005174/en/
Eric Stober, Chief Financial Officer, Astrotech Corporation,
(512) 485-9530
Astrotech (NASDAQ:ASTC)
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