Astrotech shares have skyrocketed 1,215% YTD with a 34% jump over two sessions after board-approved plans to explore lunar mining, helium-3 extraction, quantum computing and semiconductor manufacturing. A short report warns the company is “fundamentally uninvestable” with $1.05 million revenue, $14.9 million annual cash burn and four months liquidity.
Astrotech shares have surged 1,215% year-to-date, extending gains by nearly 30% in one session and another 4% in overnight trading. The rally reflects heightened retail interest as the company’s strategic pivot gains traction.
The board approved initiatives to evaluate lunar mining, helium-3 extraction, silicon-28 refinement, AI infrastructure, quantum computing solutions and semiconductor manufacturing. Management aims to leverage future NASA Artemis missions and commercial lunar activities.
A short report labels Astrotech “fundamentally uninvestable” and forecasts a 99% correction, highlighting $1.05 million in annualized revenue against $14.9 million cash burn. The company has roughly four months of liquidity at current burn rates.
Astrotech’s subsidiary, 1st Detect, secured ECAC/EU G1 approval for its Tracer 1000 explosives-detection system, enabling deployment across European aviation security. The system is operational in 16 countries, offering lab-grade molecular threat detection.
