Astrotech Creates New Subsidiary EN-SCAN, Inc.
Astrotech (NASDAQ: ASTC) has announced the creation of a new wholly owned subsidiary, EN-SCAN, focused on manufacturing environmental testing instruments using proprietary ATi Gas Chromatograph and Astrotech Mass Spectrometer Technology.
The company will introduce three new products at PITTCON 2025 in Boston:
- EN-SCAN Rugged-Lab GC-MS: A transportable system for on-site analysis of air, water, and soil
- EN-SCAN Fenceline Monitor: A continuous emissions monitoring system for detecting pollutants like BTEX at refineries
- EN-SCAN Handheld GC: A portable device for detecting volatile organic compounds and contaminants
The product line is designed for outdoor field work, providing real-time analysis and instant feedback for contamination source location and migration in demanding environments.
Astrotech (NASDAQ: ASTC) ha annunciato la creazione di una nuova controllata interamente posseduta, EN-SCAN, focalizzata sulla produzione di strumenti per test ambientali utilizzando la tecnologia proprietaria del Gas Cromatografo ATi e dello Spettrometro di Massa Astrotech.
L'azienda presenterà tre nuovi prodotti al PITTCON 2025 a Boston:
- EN-SCAN Rugged-Lab GC-MS: Un sistema trasportabile per l'analisi in loco di aria, acqua e suolo
- EN-SCAN Fenceline Monitor: Un sistema di monitoraggio continuo delle emissioni per rilevare inquinanti come il BTEX nelle raffinerie
- EN-SCAN Handheld GC: Un dispositivo portatile per rilevare composti organici volatili e contaminanti
La linea di prodotti è progettata per il lavoro sul campo all'aperto, fornendo analisi in tempo reale e feedback immediato per la localizzazione e la migrazione delle fonti di contaminazione in ambienti difficili.
Astrotech (NASDAQ: ASTC) ha anunciado la creación de una nueva subsidiaria de propiedad total, EN-SCAN, centrada en la fabricación de instrumentos de prueba ambiental utilizando la tecnología propietaria del Cromatógrafo de Gases ATi y el Espectrómetro de Masas Astrotech.
La empresa presentará tres nuevos productos en PITTCON 2025 en Boston:
- EN-SCAN Rugged-Lab GC-MS: Un sistema transportable para el análisis en el lugar de aire, agua y suelo
- EN-SCAN Fenceline Monitor: Un sistema de monitoreo continuo de emisiones para detectar contaminantes como el BTEX en refinerías
- EN-SCAN Handheld GC: Un dispositivo portátil para detectar compuestos orgánicos volátiles y contaminantes
La línea de productos está diseñada para trabajos de campo al aire libre, proporcionando análisis en tiempo real y retroalimentación instantánea para la localización y migración de fuentes de contaminación en entornos exigentes.
Astrotech (NASDAQ: ASTC)는 독립적인 자회사인 EN-SCAN의 설립을 발표했으며, 이는 독점적인 ATi 가스 크로마토그래프 및 Astrotech 질량 분석기 기술을 사용하여 환경 테스트 기기를 제조하는 데 중점을 두고 있습니다.
회사는 2025년 보스턴에서 열리는 PITTCON에서 세 가지 신제품을 소개할 예정입니다:
- EN-SCAN Rugged-Lab GC-MS: 공기, 물 및 토양의 현장 분석을 위한 이동식 시스템
- EN-SCAN Fenceline Monitor: 정유소에서 BTEX와 같은 오염 물질을 감지하기 위한 지속적인 배출 모니터링 시스템
- EN-SCAN Handheld GC: 휘발성 유기 화합물 및 오염 물질을 감지하기 위한 휴대용 장치
이 제품 라인은 야외 현장 작업을 위해 설계되었으며, 오염원 위치 및 이동을 실시간으로 분석하고 즉각적인 피드백을 제공합니다.
Astrotech (NASDAQ: ASTC) a annoncé la création d'une nouvelle filiale entièrement détenue, EN-SCAN, axée sur la fabrication d'instruments de test environnemental utilisant la technologie propriétaire du chromatographe en phase gazeuse ATi et du spectromètre de masse Astrotech.
L'entreprise présentera trois nouveaux produits au PITTCON 2025 à Boston :
- EN-SCAN Rugged-Lab GC-MS: Un système transportable pour l'analyse sur site de l'air, de l'eau et du sol
- EN-SCAN Fenceline Monitor: Un système de surveillance continue des émissions pour détecter des polluants comme le BTEX dans les raffineries
- EN-SCAN Handheld GC: Un appareil portable pour détecter les composés organiques volatils et les contaminants
La gamme de produits est conçue pour le travail sur le terrain en extérieur, fournissant des analyses en temps réel et un retour d'information instantané pour la localisation et la migration des sources de contamination dans des environnements exigeants.
Astrotech (NASDAQ: ASTC) hat die Gründung einer neuen hundertprozentigen Tochtergesellschaft, EN-SCAN, bekannt gegeben, die sich auf die Herstellung von Instrumenten zur Umweltprüfung mit der proprietären ATi-Gaschromatographie- und Astrotech-Massenspektrometrie-Technologie konzentriert.
Das Unternehmen wird auf der PITTCON 2025 in Boston drei neue Produkte vorstellen:
- EN-SCAN Rugged-Lab GC-MS: Ein transportables System zur Vor-Ort-Analyse von Luft, Wasser und Boden
- EN-SCAN Fenceline Monitor: Ein kontinuierliches Emissionsüberwachungssystem zur Erkennung von Schadstoffen wie BTEX in Raffinerien
- EN-SCAN Handheld GC: Ein tragbares Gerät zur Erkennung von flüchtigen organischen Verbindungen und Kontaminanten
Die Produktlinie ist für die Arbeit im Freien konzipiert und bietet Echtzeitanalysen sowie sofortiges Feedback zur Lokalisierung und Migration von Kontaminationsquellen in anspruchsvollen Umgebungen.
- Expansion into growing environmental testing market
- Launch of three new specialized testing products
- Proprietary technology application in new market segment
- None.
Insights
Astrotech's establishment of EN-SCAN as a dedicated subsidiary represents a strategic expansion into the growing environmental testing market. This move leverages their proprietary gas chromatography and mass spectrometry technologies to address specific field-testing needs with three distinct product offerings.
What's particularly noteworthy is the company's focus on real-time, on-site analysis capabilities - a valuable differentiator in environmental monitoring where immediate results can significantly impact decision-making and remediation efforts. The Fenceline Monitor product specifically targets industrial compliance for refineries and chemical plants, potentially tapping into regulatory-driven demand.
For a company with Astrotech's relatively small market cap of
The timing of this announcement coinciding with the PITTCON trade show suggests a coordinated marketing approach to gain immediate industry visibility and potential customer engagement. The environmental testing instrumentation sector is characterized by high margins but typically requires substantial sales and support infrastructure to compete effectively against established players.
Astrotech's creation of EN-SCAN represents a potentially significant business expansion for this micro-cap company. With a market capitalization of just
The environmental testing market emphasis on portable, field-ready instrumentation aligns with broader industry trends toward point-of-need testing solutions. The company is introducing a comprehensive product lineup with three distinct offerings, suggesting substantial R&D investment has already occurred.
However, investors should note that specialized scientific instrument commercialization typically involves lengthy sales cycles, especially for regulatory and industrial applications. While the CEO highlights market growth, the announcement contains no revenue projections, pricing details, or production capacity information to gauge near-term financial impact.
The strategic decision to create a separate subsidiary rather than launching these products within existing operations could indicate intentions to either attract focused investment or potentially spin off this business segment in the future. This organizational structure provides flexibility but also adds administrative complexity for a company of Astrotech's size.
EN-SCAN GC-MS Product Line For Air, Water, and Soil Analysis To Be Introduced at PITTCON 2025
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
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.
FAQ
What new products is Astrotech (ASTC) launching through EN-SCAN subsidiary?
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