/Companies

Astrotech

NASDAQ: ASTC

Austin, US · Delaware corporation

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Astrotech develops mass spectrometry and molecular analysis instruments derived from space-grade engineering, used for detecting trace explosives, confirming synthetic opioids at borders, and monitoring VOCs in the field. Its products target security, border control, and field-testing applications requiring rugged, reliable detection tools.

Founders & leadership

BC
Bob Citron
RM
Rajesh MellacheruvuExecutive
EN
Eric N StoberExecutive
TBThomas B. Pickens III
Thomas B. Pickens IIIChairman and Chief Executive Officer
SB
Scott BartleyInterim Chief Financial Officer
NB
Nihanth BaduguChief Operations Officer
RW
Ronald W CantwellNamed on SEC filing
TW
Tom WilkinsonNamed on SEC filing
DT
Daniel T Russler JrNamed on SEC filing
MA
Mark AdamsNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$5M disclosed across 2 rounds · 2018–2019

▶$2MraisedApr 2019 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ronald W CantwellDirector
  • Tom WilkinsonDirector
  • Rajesh MellacheruvuExecutive Officer
  • Thomas B Pickens IIIExecutive Officer
  • Eric N StoberExecutive Officer
  • Daniel T Russler JrDirector
  • Mark AdamsDirector
Offering amount
$2M
Amount sold
$2M
Minimum investment
$1000K
First sale
Apr 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedOct 2018 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel T Russler JrDirector
  • Tom WilkinsonDirector
  • Mark AdamsDirector
  • Rajesh MellacheruvuExecutive Officer
  • Eric N StoberExecutive Officer
  • Thomas B Pickens IIIExecutive Officer
  • Ronald W CantwellDirector
Offering amount
$3M
Amount sold
$3M
Minimum investment
$962.7K
First sale
Oct 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$18Mvaluation at IPOOct 2020 · $2.30/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

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Frequently asked questions

What does Astrotech do?
Astrotech develops mass spectrometry and molecular analysis instruments derived from space-grade engineering, used for detecting trace explosives, confirming synthetic opioids at borders, and monitoring VOCs in the field. Its products target security, border control, and field-testing applications requiring rugged, reliable detection tools.
Who founded Astrotech?
Astrotech was founded by Bob Citron.
How much funding has Astrotech raised?
Astrotech has disclosed $5M raised across 2 rounds.
Where is Astrotech headquartered?
Astrotech is headquartered in Austin, US.