Astrotech Corporation reported a decrease in revenue to $1.0 million for the fiscal year ended June 30, 2025, with a gross margin increase to 45.3%. The company deployed the TRACER 1000 in 34 locations across 16 countries and formed a new subsidiary, EN-SCAN, Inc., to manufacture environmental testing instruments. 1st Detect launched the TRACER 1000 Narcotics Trace Detector, while securing a contract with the Department of Homeland Security. The company also made its first sale in Vietnam. Astrotech’s balance sheet shows $18.2 million in cash and investments as of June 30, 2025. Astrotech aims to expand its presence in international markets and drive growth in the next fiscal year.

Read more at GlobeNewswire: Astrotech Reports Fiscal Year 2025 Financial Results