$ASTC

Advertisement|Remove ads. Advertisement|Remove ads. U.S. stock futures were subdued early Wednesday as Wall Street took a breather after all three major indexes notched fresh record closes during the previous session. Also, geopolitical risks and fresh trade tensions are beginning to weigh on sentiment. Reports suggest fresh attacks between the U.S. and Iran. U.S. Central Command said American forces intercepted Iranian missiles and drones and conducted defensive strikes on Qeshm Island.

Astrotech Corporation (Nasdaq: ASTC) said it expanded its board from five to six directors and appointed Matt Kreps to the board. The company cited his experience in investor relations and equity capital markets, including roles at HydroGraph Clean Power and Darrow Associates. The move is intended to support Astrotech’s strategy and investor engagement.

ASTROTECH Corp (ASTC) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. astc20260721_8k.htm false 0001001907 0001001907 2026-07-16 2026-07-16 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event report

Investorideas.com says space stocks are trying to recover after a selloff tied to the SpaceX IPO. It cites trading levels for Redwire (RDW) at $10.67, SpaceX (SPCX) at $150.32, Rocket Lab (RKLB) at $84.30, and Virgin Galactic (SPCE) at $2.6951. It also notes Virgin Galactic’s VSS Unity returned for glide flights ahead of a new spaceship test program.

Astrotech Corporation (Nasdaq: ASTC) said it submitted a proposal to NASA’s CLPS2 program seeking about $20 million in non-dilutive funding for Phase 1 lunar technology demonstrations. The company said additional CLPS2 funding may be sought if authorized. CLPS2 has reported total contract budgets up to $10 billion across awards.

Astrotech (Nasdaq: ASTC) said its board approved a potential sale process for its 1st Detect subsidiary, which develops the TRACER 1000 mass spectrometry explosives/narcotics trace detection platform. The company cites TSA Air Cargo approval, ECAC passenger/cargo certifications (including G1 and wand swabbing), entry into TSA checkpoint certification via TSL, and a DHS award to mature next-gen detection. Astrotech said the sale could fund its lunar mining initiative.

Short seller Fugazi Research said Astrotech’s stock is “fundamentally uninvestable” and cited a “99% correction,” pointing to potential dilution from Series D preferred shares and a short cash runway based on filings. It also raised governance concerns, including Thomas Boone Pickens III holding four roles and no CFO. The report cited limited customer revenue and premarket shares down 15.38% to $38.50.

The S&P 500 (SPY) rose 0.2% on Friday for a ninth straight weekly gain, the longest run since 2023, while the Nasdaq 100 (QQQ) gained 0.4% and the Dow (DIA) rose 0.7%, all closing at record highs, according to Koyfin. Dell jumped 33% after a strong week/month, and AI infrastructure names like Micron and Qualcomm also rose.

Astrotech (NASDAQ: ASTC) shares rose sharply on Friday, extending a rally to about +1,174% for the week, according to market data. The move followed board approval of a lunar resource development initiative tied to NASA’s Artemis Program and CLPS, focused on lunar quantum computing and autonomous industrial platforms, the company said. Premarket, the stock was up 24.35% to $36.60, Benzinga Pro reported.

U.S. indices rose Wednesday. Snowflake (SNOW) fell 1.32% to $175.26, then jumped 37.51% after hours to $241 after reporting fiscal Q1 2027 revenue of $1.39B and adjusted EPS of 39 cents, both above estimates; it guided Q2 product revenue to $1.415B–$1.42B. Salesforce (CRM) shares slipped 0.88% to $177.51 after raising FY adjusted EPS guidance to $14.06–$14.12 and launching a $25B buyback. Marvell (MRVL) fell 4.59% to $198.70 on Q2 revenue guidance of about $2.7B midpoint. Nebius (NBIS) edged up