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) June 18, 2009

Astrotech Corporation

(Exact name of registrant as specified in its charter)

Washington	000-27206	91-1273737
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)
907 Gemini Street, Houston, Texas		77058
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (713) 558-5000

(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 (see General Instruction A.2. below):

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))

Section 8 — Other Events

Item 8.01 Other Events

On June 18, 2009, Astrotech Corporation (the “Company”) received notice from The Nasdaq Stock Market that the closing bid price of the Company’s common stock has been at $1.00 per share or greater for at least 10 consecutive business days. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), formerly Marketplace Rule 4310(c)(4).

A copy of the Company’s press release announcing this information is attached to this report as Exhibit 99.1 and incorporated herein by reference.

Section 9 — Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d)  Exhibits.  The following exhibits are filed herewith:

Exhibit Number	Title of Document
99.1	Press Release dated as of June 24, 2009.

2

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
Date: June 24, 2009
	By:	/s/ Thomas B. Pickens, III
		Thomas B. Pickens, III
		Chairman and Chief Executive Officer

3

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated as of June 24, 2009.

4

EX-99.1

Exhibit 99.1

Astrotech Corporation
401 Congress, Suite 1650
Austin, Texas
512.485.9520
fax: 512.485.9531
www.astrotechcorp.com

FOR IMMEDIATE RELEASE

ASTROTECH CORPORATION REGAINS NASDAQ COMPLIANCE

Austin, Texas, June 24, 2009 — Astrotech Corporation (NASDAQ: ASTC) announced today that the Company received  notice on June 18, 2009 from The NASDAQ Stock Market (“NASDAQ”)  confirming that it has regained compliance with the minimum bid price rule for continued listing.   NASDAQ confirmed that the closing bid price of the Company’s common stock has been at $1.00 per share or greater for at least 10 consecutive trading days.  As a result, the Company is currently in compliance with all continued listing standards.

The Company previously received a written notification from  NASDAQ on April 7, 2008, indicating that the minimum bid price of the Company’s common stock had fallen below $1.00 for 30 consecutive trading days and that it was therefore not in compliance with NASDAQ Listing Rule 5550(a)(2), formerly Marketplace Rule 4310(c)(4). The Company was given a period of time to regain compliance with NASDAQ’s listing rules.

About Astrotech Corporation

Astrotech is one of the first commercial space companies and remains a strong entrepreneurial leader in the aerospace industry.  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 1st Detect Corporation, which is developing a breakthrough mini-mass spectrometer first created 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

###