Astrotech reports first quarter of fiscal year 2021 financial results

Austin, texas--(business wire)--astrotech corporation (nasdaq: astc) reported its financial results for the first quarter of fiscal year 2021, which ended september 30, 2020. in october, we completed two strategic capital raises for a total of $24.2 million, strengthening our balance sheet for our future growth. the financings allow for continued operating expenses and working capital as we increase sales of our tracer 1000™ explosives trace detector (etd) to dhl (deutsche post ag) and other cu
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