Astrotech Subsidiary Wins $4.0 Million Contract

Austin, Texas (September 7, 2011) - Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary (“ASO”) has been awarded a $4.0 million contract for payload processing services in support of the U.S. government.

“We look forward to contributing to the success of this U.S. government mission with our payload processing services,” said Don M. White Jr., Senior Vice President and General Manager of Astrotech Space Operations. “Astrotech’s specialized, state of the art facilities made us an ideal fit for this mission and we are excited to offer the U.S. government a full complement of processing and facility services.”

From Titusville, Florida and Vandenberg Air Force Base, California, Astrotech Space Operations provides all support necessary for government and commercial customers to successfully process their satellite hardware for launch. Our service offering includes advance planning; use of our unique facilities; and spacecraft checkout, encapsulation, fueling, and transport. Additionally, ASO has extensive experience in designing, building, and operating spacecraft processing equipment and facilities. In its 29 year history, ASO has supported the processing of more than 290 spacecraft without impacting a customer’s launch schedule.