Astrotech Subsidiary Wins $1.9 Million Contract for NASA Mission

Austin, Texas (September 22, 2011) - Astrotech Corporation (Nasdaq:ASTC), a leading provider of commercial aerospace services, today announced that its Astrotech Space Operations (ASO) subsidiary has won a fully-funded task order under the previously announced Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract. The Company will provide facilities and payload processing services from its VAFB location in support of NASA's Landsat Data Continuity Mission (LDCM) scheduled to launch in December 2012.

On June 25, 2007 Astrotech announced the award of a $35 million indefinite delivery, indefinite quantity contract with NASA for payload processing support services associated with potential future missions. LDCM is the seventh mission awarded to Astrotech under the IDIQ contract. LDCM is part of the Landsat Program, which provides repetitive acquisition of high resolution multispectral data of the Earth's surface on a global basis. This mission will obtain valuable data and imagery to be used in agriculture, education, business, science, and government.

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, including advance planning; use of unique facilities; and spacecraft checkout, encapsulation, fueling, and transport. ASO has supported the processing of more than 290 spacecraft without impacting a customer's launch schedule.