North America
Astrotech Corporation Launches New Subsidiary: EN-SCAN, Inc.
• Astrotech Corporation has created a new subsidiary, EN-SCAN, Inc., to provide GC-MS products for air, water, and soil analysis.
• The company’s product line will be introduced at PITTCON 2025.
• The new subsidiary will be managed by JGNSMRpH, a subsidiary of Astrotech Corporation.
• The company’s product line is expected to be more efficient and accurate than previous offerings.
• Astrotech Corporation’s share price has increased by 1.71% since the announcement.
• The company’s new subsidiary will be headquartered in Austin, Texas.
Pittcon, EN-SCAN, Astrotech Corporation, and Forward-Looking Statements
• Pittcon donates over 90% of its net proceeds to science education and outreach initiatives.
• EN-SCAN develops advanced environmental testing and monitoring solutions, integrating gas chromatography and mass spectrometry technology.
• Astrotech Corporation is a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology.
• Astrotech Corporation is headquartered in Austin, Texas.
• Forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
• Factors affecting forward-looking statements include inflationary pressures, global economic conditions, ongoing wars in Ukraine and the Middle East, the use of proceeds from common stock offerings, the development of new products and proprietary technologies, obtaining FDA and other regulatory approvals, market acceptance of products and services, and successful acquisitions.
• The Company’s forward-looking statements should be evaluated in light of these important risk factors.
• The Company may be adversely affected by a change in enforcement by federal or state governments and may be subject to additional risks in connection with the evolving regulatory area and associated uncertainties.
