This would appear to be institutional or mutual fund investors. That's good for ASTC. The potential of the stock price doubling or tripling is increasing as shares are removed from the float.
hundreds of millions in contracts can be spread around to multiple vendors including Astrotech Corp
• CINEMA - The 'Cubesat for Ion, Neutral, Electron, Magnetic' fields is the first in a trio of identical Picosatellites that examine the Space Weather Effects in Low Earth Orbit. The 3-Unit Cubesat was designed at the University of California.
• CSSWE is the Colorado Student Space Weather Experiment that will look at the relationship of solar flares and the abundance of energetic particles in Earth's Radiation Belts. This is also a 3-Unit Cubesat. It was built at the University of Colorado.
• CP5 is a 1-Unit Cubesat that hosts a technical demonstration payload for the use of a solar sail in de-orbiting satellites. It was manufactured at California Polytechnic.
• The Cosmic X-ray Background Nanosat or CXBN will make measurements of high energy cosmic background radiation in Earth orbit. The payload is a 2-Unit Cubesat built at Morehead State university.
These four Picosatellites are NASA ELaNa (Educational Launch of Nanosatellites) Satellites that will be deployed by three P-PODs.
The remaining five P-PODs are used to deploy seven National Reconnaissance Office Payloads.
• Horus is the first satellite in a pair of spacecraft equipped with a sensor suite to detect orbiting payloads and orbital debris for measurement and classification. (3 Units)
• Re is the second satellite in a pair of spacecraft equipped with a sensor suite to detect orbiting payloads and orbital debris for measurement and classification. (3 Units)
• The ORS Enabler Satellite or ORSES
• Aeneas is a satellite operated by the US Department of Homeland Security for a technical demonstration of a system to track cargo containers worldwide. (3 Units)
• Three Aerocube Satellites which are 1-Unite Cubesats that will perform technical demonstrations.
Exactlly, and on the East and West Coasts, the USAF and NASA use Astrotech Corp!
Largest Quarterly Institutional
UBS and Merril Lynch bought shares is the 4th quarter of 2012
Latest Institutional Activity
12/31/2012 PROSPERA FINANCIAL SERVICES, INC... Bought 98.8 Thousand shares of Astrotech Corp
12/31/2012 UBS GLOBAL ASSET MANAGEMENT Bought 15.0 Thousand shares of Astrotech Corp
12/31/2012 RENAISSANCE TECHNOLOGIES LLC Bought 7.1 Thousand shares of Astrotech Corp
Top 10 Owners of Astrotech Corp
Stockholder Stake Shares
owned Total value ($) Shares
bought / sold Total
Bruce & Co., Inc. 5.49% 1,070,073 923,473 0 0.00%
Bard Associates, Inc. 2.62% 510,485 440,549 -120,052 -19.04%
The Vanguard Group, Inc. 1.56% 304,120 262,456 0 0.00%
Renaissance Technologies LLC 1.19% 232,200 200,389 +7,100 +3.15%
Prospera Financial Services, Inc. 0.57% 111,845 96,522 +98,756 +754.50%
Bridgeway Capital Management, Inc... 0.32% 62,600 54,024 -82,500 -56.86%
Geode Capital Management LLC 0.25% 48,218 41,612 0 0.00%
UBS Global Asset Management 0.08% 15,000 12,945 +15,000 --
Northern Trust Investments 0.07% 13,574 11,714 0 0.00%
Dimensional #$%$nd Advisors, Inc. 0.06% 10,914 9,419 0 0.00%
Top 10 Mutual #$%$nds Holding Astrotech Corp
Mutual fund Stake Shares
owned Total value ($) Shares
bought / sold Total
Bruce #$%$nd 5.49% 1,070,073 923,473 0 0.00%
Vanguard Extended Market Index #$%$... 1.56% 304,120 262,456 0 0.00%
Bridgeway Ultra Small Company #$%$n... 0.42% 82,500 71,198 +82,500 --
Global Chartist #$%$nd 0.41% 80,000 69,040 +80,000 --
In 2013, Big Pharma companies, can give their profits in taxes to the federal government, or buy limited gravity drug innovations in space. Where do think they are going to put their money? In Astrotech or give it to Obama?
I imagine Astrotech and/or CEOTom Pickens will buy these shares. Two more contracts and Astrotech Corp will be selling for $2 to $4 per share.
AUSTIN, Texas, March 26, 2013 (GLOBE NEWSWIRE) -- Astrotech Corporation (ASTC), a leading provider of commercial space services, today announced that its Board of Directors has set the date for the Company's Annual Meeting of Shareholders as well as the record date for shareholders eligible to vote at the meeting.
The Annual Shareholders' Meeting will be held on Friday, April 26, 2013 at 9:00 am (Central Time) at 221 West 6th Street, 21st Floor, Austin, Texas 78701. Shareholders of record as of the close of business on March 7, 2013 will be eligible to vote at the meeting.
John Porter apparently said in his lawsuit that "Mr. Pickens has since caused the company to transfer an additional $6.5 million in company funds, representing nearly all of the company's profits, to the subsidiaries without even going to the trouble of drawing up the paperwork for a sham loan or seeking approval from the board (the 'unauthorized transfers'). Because of Mr. Pickens' significant ownership in the subsidiaries, the unauthorized transfers represented a clear conflict of interest on Mr. Pickens' part and required approval by an independent committee of the board." If this is true, Mr. Pickens and whoever else has personal equity in the subsidiary business units, needs to return that equity to Astrotech Corp. Otherwise the US Attorneys and the FBI may be contacted to investigate. Please be advised doing the right thing can save Mr. Pickens and the Board of Directors some serious trouble. Of course, if Mr. Pickens does the right thing, the stock price will rise, and shareholders will be happy. If he does not, he will pay the price the hard way, and the stock price will rise as well.
Bigger players are showing up to buy larger blocks of stock before the annual shareholder meeting on April 26. 2013. Will they run up the price this week to make shareholders feel good about their investment or is really good news coming on Friday???????????????
■EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
(Astrotech Corp is mentioned here!! Its nice he thinks it may double)
The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $65.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Friday.
TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
■You can view the full Boeing Ratings Report.
On the positive front, Aerosonic Corporation (AIM), down 59.8%, Astrotech Corporation (ASTC), up 12.0%, Innovative Solutions and Support (ISSC), down 7.8% and CPI Aerostructures (CVU), down 4.5% , were all gainers within the aerospace/defense industry with Triumph Group (TGI) being today's featured aerospace/defense industry leader.
■Use our aerospace/defense section to find industry-relevant news.
■Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).
Friday should be big news day! I notice short selling has not increased so guess the share price is going up.
Of course, share price goes up a lot faster if a shortseller has to meet a margin call.
Previous news suggested the quarterly Earnings release would be on May 7th. I am guessing earnings have increased.
Throughout its more than 20 year history, Astrotech (formerly Spacehab) has contracted over $1 billion dollars in total sales. (Sorce Wikipedia) Therefore $1,000,000,000 divided by 20 = 50 Million dollars in contracts per year on average. So the potential is there for a booming year in 2013.
You are mistaken. Astrotech does process payload. They have their own processing facilities in Florida and California. And Space X has had some failures so they may seek Astrotech's expertise.
Boeing's CST-100 and SNC Dream Chaser should consider using Astrotech Corp and SpaceX should use Astrotech Corp as well. They provide great results.
NASA East Coast Commercial Payload Processing-3
Modification 1: Increase the Maximum Order Value by $3,000,000
Go to Investors Hub website and enter ASTC and then go to message boards on date 3/1/2013. Government contract website will show the modification.
A few more contracts and Astrotech will be very profitable. Keep up the good work, General Manager, Don White and CEO, Thomas Boone Pickens. Thanks for the opportunity to make 500% on my investment.
NOSS or the Naval Ocean Surveillance System is a satellite fleet that is carrying equipment to track ships and aircraft via their radio transmissions. NOSS is part of the Signal Intelligence gathering constellation of the NRO. NOSS Spacecraft operate in pairs to detect radio emissions and precisely calculate their origin by utilizing the Time Difference Of Arrival technique. The NOSS Program was initiated in the 1970s and has since then reached its third or fourth generation of Satellites. NOSS Satellites operate from ~1,100-Kilometer orbits inclined 63 degrees.
One indication of this being a NOSS Launch is the targeted 66-degree inclination of the Picosatellites, which is in good agreement with the 63-degree operational inclination of NOSS. During the 3rd and 4th burns of the Centaur, a phase change from 63 to 66 degrees could be conducted without a problem. Another clue of this being a NOSS Launch is the vehicle configuration and the launch site. Most NOSS launches on Atlas V 401 have taken place from Vandenburg.
Why not use Astrotech employees to do the processing in the NROr facility?