Astrotech Corporation launched EN-SCAN, Inc. for environmental testing instruments using advanced gas chromatography and mass spectrometry technology.
Quiver AI Summary
Astrotech Corporation has launched a new subsidiary, EN-SCAN, Inc., focused on manufacturing and selling advanced environmental testing instruments utilizing its proprietary gas chromatography and mass spectrometry technology. These rugged instruments are designed for outdoor field applications, enabling real-time analysis of air, water, and soil to assist in contamination detection and management. EN-SCAN will showcase its products, including a transportable GC-MS, a fenceline monitor for detecting pollutants at industrial locations, and a handheld gas chromatograph, at the upcoming Pittcon 2025 conference in Boston. The goal of these innovations is to provide cost-effective solutions for organizations needing accurate environmental monitoring in diverse and challenging settings.
Potential Positives
- The establishment of EN-SCAN, a wholly owned subsidiary, allows Astrotech Corporation to expand its product offerings into the growing environmental testing market.
- The introduction of advanced, rugged, portable instruments for environmental testing positions Astrotech as a competitive player in real-time monitoring solutions, which is a critical need in the industry.
- The launch of three specific products geared towards diverse environmental applications indicates a strategic approach to meet various compliance and safety needs in the market.
- Participation in Pittcon 2025 provides Astrotech an opportunity to showcase its innovative products, enhancing visibility and potentially attracting new customers and partnerships.
Potential Negatives
- Establishment of a new subsidiary may indicate increased operational risks and resource allocation, necessitating further investment and management focus.
- Potential market acceptance of the new product line remains uncertain, with no guarantees of successful outcomes despite optimistic projections.
- Forward-looking statements introduce significant risks, including regulatory approvals and external economic factors that could heavily impact business outcomes.
FAQ
What is EN-SCAN, Inc.?
EN-SCAN, Inc. is a wholly owned subsidiary of Astrotech Corporation focused on manufacturing environmental testing instruments.
What innovative technology does EN-SCAN utilize?
EN-SCAN uses proprietary ATi Gas Chromatograph and Astrotech Mass Spectrometer Technology for accurate environmental testing.
What types of applications do EN-SCAN products support?
EN-SCAN products support air, water, and soil analysis for industrial, environmental, and regulatory applications.
When and where will the EN-SCAN product line be introduced?
The EN-SCAN product line will be introduced at PITTCON in Boston from March 1 to March 5, 2025.
Who can benefit from EN-SCAN's environmental testing solutions?
Organizations needing cost-effective, real-time monitoring solutions for environmental compliance and safety can benefit from EN-SCAN's products.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
AUSTIN, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (NASDAQ: ASTC) announced today that it has created a new wholly owned subsidiary, EN-SCAN, Inc. (“EN-SCAN”), to manufacture and sell a new line of instruments built for environmental testing applications using its proprietary ATi Gas Chromatograph (“GC”) and Astrotech Mass Spectrometer Technology™ (“MS”). The EN-SCAN product line has been designed for outdoor field work that can be used on-site for real-time air, water, and soil analysis providing instant feedback for accurate contamination source location and migration.
“EN-SCAN has been developed to fill a gap in the environmental testing market needing a durable and rugged GC mass spectrometer in the field. In recent years, the environmental testing market has exploded and our rugged, easy to use, GC-MS instruments are ideal for outdoor and hazardous environment testing.” said Thomas Pickens, Chief Executive Officer of EN-SCAN. “Our testing solutions are intended to deliver highly accurate, real-time monitoring for real-time decision-making in the field. We will be introducing our new EN-SCAN product line at PITTCON in Boston, on March 1 to March 5, 2025. We can be found at booth 422.”
EN-SCAN products integrate advanced gas chromatography and mass spectrometry technology with rugged, portable instrumentation, providing accuracy in demanding locations. With a focus on real-time monitoring, ease of use and cost efficiency, EN-SCAN enables organizations to make data-driven decisions while reducing testing costs and time delays. The EN-SCAN lineup includes three testing solutions, each designed for specific applications:
EN-SCAN Rugged-Lab GC-MS – A transportable GC-MS for on-site, lab-quality analysis of air, water, and soil. This product supports regulatory enforcement, industrial compliance, and scientific exploration.
EN-SCAN Fenceline Monitor – A continuous emissions monitoring system designed to detect pollutants such as BTEX (benzene, toluene, ethylbenzene, and xylene) at refineries and chemical processing plants. This product provides real-time results that can provide valuable alerts to management and regulators.
EN-SCAN Handheld GC – A portable gas chromatograph for on-site detection of volatile organic compounds and contaminants in air, soil, and water. This product is a lightweight handheld instrument for on-site environmental testing, site remediation, and emergency response.
Pittcon 2025 is a dynamic, international conference and exposition on laboratory science, scheduled for March 1–5, 2025, at the Boston Convention & Exhibition Center. This premier event showcases the latest advances in analytical research and scientific instrumentation, offering a platform for continuing education and collaboration among professionals. Attendees can engage with cutting-edge technologies, participate in over 1,100 technical sessions and network with experts across various scientific disciplines. Pittcon is committed to advancing scientific knowledge and donates over 90% of its net proceeds to science education and outreach initiatives.
About EN-SCAN
Based in Austin, Texas, EN-SCAN develops advanced environmental testing and monitoring solutions, integrating gas chromatography and mass spectrometry technology in rugged, portable designs. Its products support industrial, environmental, and regulatory applications, helping organizations meet compliance requirements and environmental safety.
For information, visit
http://www.en-scan.com/
or contact
info@en-scan.com
.
About Astrotech Corporation
Astrotech (Nasdaq: ASTC) is a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology through its wholly owned subsidiaries. Astrotech is headquartered in Austin, Texas.
For information, please visit
www.astrotechcorp.com
.
Forward-Looking Statements
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, the adverse impact of inflationary pressures, including significant increases in fuel costs, global economic conditions and events related to these conditions, including the ongoing wars in Ukraine and the middle east and the COVID-19 pandemic, the Company
’
s use of proceeds from the common stock offerings, whether we can successfully complete the development of our new products and proprietary technologies, whether we can obtain the FDA and other regulatory approvals required to market our products under development in the United States or abroad, whether the market will accept our products and services and whether we are successful in identifying, completing and integrating acquisitions, as well as other risk factors and business considerations described in the Company
’
s Securities and Exchange Commission filings including the Company
’
s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements in this document should be evaluated in light of these important risk factors. While we do not intend to directly harvest, manufacture, distribute or sell cannabis or cannabis products, we may be detrimentally affected by a change in enforcement by federal or state governments and we may be subject to additional risks in connection with the evolving regulatory area and associated uncertainties. Any such effects may give rise to risks and uncertainties that are currently unknown or amplify others mentioned herein. Although the Company believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. In addition, any forward- looking statements included in this press release represent the Company
’
s views only as of the date of its publication and should not be relied upon as representing its views as of any subsequent date. The Company assumes no obligation to correct or update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Company Contact
: Ryan Polk, Chief Financial Officer, Astrotech Corporation, (512) 737-7378.
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