Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 5, 2010

Astrotech Corporation

(Exact name of registrant as specified in its charter)


Washington	001-34426	91-1273737

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


401 Congress Ave. Suite 1650 Austin, Texas		78701

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (512) 485-9530

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.07 Submission of Matters to a Vote of Security Holders.

Astrotech Corporation (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”) on March 5, 2010, at the Company’s headquarters located in Austin, Texas. Shareholders representing 14,751,876 shares or 77.6% of the Company’s outstanding shares of common stock were present in person or by proxy at the Annual Meeting. The proposals below are described in detail in the Company’s proxy statement dated January 26, 2010.

Three proposals were included for voting:

	1)		Election of six directors to the Company’s Board of Directors;

			Director Nominee Thomas B. Pickens III Mark Adams Lance W. Lord John A. Olivia William F. Readdy Sha-Chelle Manning

	2)		Ratification of the appointment of PMB Helin Donovan, LLP as independent registered public accountants for the Company;

	3)		Approval of the Company’s 2010 Stock Incentive Plan.

Proposals 1 and 2 were approved; proposal 3 did not receive the necessary votes for approval. A copy of the press release, which includes the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter, is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

	(d)		Exhibits

			99.1 Press release, dated March 8, 2010, issued by Astrotech Corporation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


ASTROTECH CORPORATION
By:	/s/ Thomas B. Pickens, III
	Name:	Thomas B. Pickens, III
	Title:	Chairman of the Board and Chief Executive Officer

Date: March 9, 2010

EXHIBIT INDEX


		Paper (P) or
Exhibit No.	Description	Electronic (E)

99.1	Press release, dated March 8, 2010, issued by Astrotech Corporation.	E

Exhibit 99.1


		Astrotech Corporation 401 Congress, Suite 1650 Austin, Texas 78701 512.485.9530 fax: 512.485.9531 www.astrotechcorp.com

FOR IMMEDIATE RELEASE

ASTROTECH ANNOUNCES RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

Austin, Texas, March 8, 2010 — Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced the results of the Company’s Annual Meeting of Shareholders held on March 5, 2010.

The shareholders of the Company’s common stock elected six directors to the Company’s Board of Directors. The Board of Directors now consists of Thomas B. Pickens III, General (Ret.) Lance W. Lord, John A. Oliva, William F. Readdy, Mark Adams, and Sha-Chelle Manning. Astrotech shareholders also ratified the appointment of PMB Helin Donovan, LLP as independent registered public accountants for the Company.

“I’d like to thank the shareholders for their continued support and confidence in the Astrotech Corporation Board of Directors, who have worked tirelessly in support of management to enhance shareholder value,” said Thomas B. Pickens III, Chairman and Chief Executive Officer for the Company.

The third proposal, to approve the Astrotech Corporation’s 2010 Stock Incentive Plan, did not receive the necessary votes for approval.

Tabular presentation of the voting results from the Annual Meeting of Shareholders follows the text of this press release.

About Astrotech Corporation

Astrotech Corporation (Nasdaq: ASTC) is a commercial aerospace company that provides spacecraft payload processing and government services, designs and manufactures space hardware, and commercializes space technologies for use on Earth. The Company serves our government and commercial satellite and spacecraft customers with our pre-launch services from our Astrotech Space Operations (ASO) subsidiary and incubates space technology businesses now having formed three companies; the 1^st Detect Corporation which is developing a breakthrough mini-mass spectrometer first developed for the International Space Station; Astrogenetix, Inc. which is producing biotech products in space and has recently developed a vaccine candidate for Salmonella; and Airward Corporation which is drawing on its space heritage of sending cargo to space by selling hazardous material containers for the airline industry.

The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company’s Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

FOR MORE INFORMATION:
Scott Haywood
Corporate Marketing and Communications
Astrotech Corporation
512-485-9520
shaywood@astrotechcorp.com

Tables Follow

ASTROTECH CORPORATION

Proposal 1 — Election of the individuals nominated to serve as directors of the Company


*Director*	*Votes For*		*Votes Withheld*		*Broker Non Votes*
Thomas B. Pickens III		10,576,916		830,774		3,353,186
Mark Adams		10,573,829		824,861		3,353,186
Lance W. Lord		10,957,789		440,901		3,353,186
John A. Oliva		10,576,756		821,934		3,353,186
William F. Readdy		10,578,918		819,722		3,353,186
Sha-Chelle Manning		10,572,330		826,360		3,353,186


*		14,751,876 shares or 77.6% of the Company’s Common Stock were present in person or by proxy at the meeting.

Proposal 2 — Ratification of appointment of PMB Helin Donovan, LLP as independent registered public accountants for the Company


*For Ratification*	*Against Ratification*	*Abstain from Voting*	*Broker Non Votes*
14,202,244	481,764	67,868	0


*		14,751,876 shares or 77.6% of the Company’s Common Stock were present in person or by proxy at the meeting.

Proposal 3 — Approving the Astrotech Corporation’s 2010 Stock Incentive Plan


*For Ratification*	*Against Ratification*	*Abstain from Voting*	*Broker Non Votes*
4,227,695	7,109,174	61,821	3,353,186


*		14,751,876 shares or 77.6% of the Company’s Common Stock were present in person or by proxy at the meeting.

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