1st Detect’s Tracer 1000™ Achieves Milestone in TSA Air Cargo Screening Qualification Test
September 09 2020 - 07:00AM
Business Wire
Astrotech Corporation’s (NASDAQ:ASTC) 1st Detect subsidiary
announced today that the TRACER 1000™ passed the U.S.
Transportation Security Administration’s (TSA) Air Cargo Screening
Technology Qualification Test’s (ACSQT) non-detection testing. In
addition to non-detection testing, once the TRACER 1000 passes
detection testing, it will be listed on the Air Cargo Screening
Technology List (ACSTL) as an “approved” device and thereby
approved for cargo sales in the United States.
“Passing the non-detection test is an important milestone
towards being listed on the ACSTL as an approved explosives trace
detector (ETD) device,” stated Raj Mellacheruvu, Chief Executive
Officer of 1st Detect. “We continue to sell the TRACER 1000 to the
international cargo screening markets following the receipt of the
European Civil Aviation Conference (ECAC) certification in 2019,
and we are excited to get one step closer to being able to sell our
product in the U.S. The TRACER 1000 represents the next generation
ETD, and unlike its competition, has near-zero false alarms that
provide substantial savings in secondary screening and an unlimited
threat library that provides insurance against technology
obsolescence.”
About Astrotech Corporation
Astrotech (NASDAQ:ASTC) is a science and technology development
and commercialization company that launches, manages, and builds
scalable companies based on innovative technology in order to
maximize shareholder value. 1st Detect develops, manufactures, and
sells trace detectors for use in the security and detection market.
Astrotech is headquartered in Austin, Texas. For information,
please visit www.astrotechcorp.com.
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, whether we can successfully develop our proprietary
technologies and whether the market will accept our products and
services, as well as other risk factors and business considerations
described in the Company’s Securities and Exchange Commission
filings including the annual report on Form 10-K. Any
forward-looking statements in this document should be evaluated in
light of these important risk factors. The Company assumes no
obligation to update these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20200909005416/en/
Eric Stober, Chief Financial Officer, Astrotech Corporation,
(512) 485-9530
Astrotech (NASDAQ:ASTC)
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