Astrotech — First Quarter Fiscal 2027 Earnings Summary

Astrotech Corporation reported a net loss of $2.948 million for the first quarter of fiscal year 2027, ending September 30, 2026, compared to a loss of $3.465 million in the same period the prior year. Total operating expenses decreased by 15.7% to $3.1 million, driven primarily by a reduction in research and development costs, while revenue declined slightly to $274,000. As of the quarter's end, the company maintained $11.6 million in working capital and had deployed its TRACER 1000 technology in approximately 38 locations across 17 countries. Additionally, Astrotech submitted a proposal to NASA under the NextSTEP-3 LEIA program to advance its Mobile Power System for lunar infrastructure applications.