Astrotech Corp. (ASTC)

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Astrotech’s 1st Detect Announces Tracer 1000 Begins Testing for Passenger Screening at Airports

Astrotech (NASDAQ: ASTC) subsidiary 1st Detect today announced that its new explosives trace detector (ETD), the TRACER 1000, has entered into Developmental Test and Evaluation (DT&E) at the U.S. Department of Homeland Security (DHS)’s Transportation Security Laboratory (TSL).

Successful completion and passing of DT&E and certification testing leads to TSL Certification – a significant endorsement that foreign governments and other U.S. government agencies consider before procuring ETDs. Certification is also a major step towards being listed on the Transportation Security Administration (TSA)’s Qualified Products List (QPL), and subsequently being deployed in airports throughout the US.

1st Detect and DHS kicked off the certification readiness process when they entered into a Cooperative Research and Development Agreement (CRADA) last September. Over the following months, 1st Detect’s successful demo with TSA led to the submission, evaluation and approval of a data package, and commencement of DT&E.

"We are extremely pleased with the progress we’ve made toward getting the TRACER 1000 into airports worldwide. We are confident that our system will perform to TSA’s requirements and achieve qualification,” said Thomas B. Pickens III, CEO of 1st Detect and Astrotech.

http://markets.businessinsider.com/news/stocks/astrotech-s-1st-detect-announces-tracer-1000-begins-testing-for-passenger-screening-at-airports-1020453243