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Astrotech up 22% premarket after TRACER 1000 demos

Published 12/04/2017, 09:13 AM
© Reuters.  Astrotech up 22% premarket after TRACER 1000 demos
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  • Thinly traded nano cap Astrotech (NASDAQ:ASTC) is up 22% premarket on average volume on the heels of its demonstrations of its TRACER 1000 mass spec explosives trace detector to the U.S. Department of Homeland Security (DHS) and Transportation Security Administration (TSA).
  • The company says the TRACER 1000 has substantial advantages over older ion mobility spectronomy systems currently being used at aviation checkpoints, including a broader range of detectable explosives and narcotics, an easily updatable target library and near-zero false positives.
  • The new system will be demonstrated at its Annual Meeting later this week.
  • Now read: Rejected Take Off For Boeing (NYSE:BA)


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