8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 29, 2012

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:

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

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

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

¨ 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

On March 29, 2012, Astrotech Corporation (the “Company”) convened its annual meeting of shareholders pursuant to notice duly given at the Company’s headquarters located in Austin, Texas. The matters voted upon at the meeting and the results of such voting are set forth below:

1. To elect six directors to the Board of Directors of the Company to serve for the respective terms prescribed by the Company’s bylaws. All director nominees were duly elected.

	FOR		WITHHELD		BROKER NON-VOTES
Thomas B. Pickens III		7,655,125		630,453		6,637,184
Mark E. Adams		7,665,340		620,238		6,637,184
John A. Oliva		7,665,582		619,996		6,637,184
Sha-Chelle Manning		7,659,262		626,316		6,637,184
William F. Readdy		7,669,565		616,013		6,637,184
Daniel T. Russler, Jr.		7,554,134		731,444		6,637,184

2. To ratify the appointment of Ernst & Young, LLP as independent registered public accounting firm for the Company’s fiscal year ending June 30, 2012. This proposal was approved.

FOR	AGAINST	ABSTAIN
14,556,373	164,515	201,874

3. To approve a reverse stock split of the Company’s common stock in a ratio to be determined by the Board of Directors. This proposal was approved.

FOR	AGAINST	ABSTAIN	BROKER NON-VOTES
10,659,607	3,686,121	577,032	2

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release, dated April 3, 2012, 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.

Date: April 3, 2012	ASTROTECH CORPORATION
	By:	/s/ Thomas B. Pickens III
	Name:	Thomas B. Pickens III
	Title:	Chairman of the Board and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description	Paper (P) or Electronic (E)
99.1	Press release, dated April 3, 2012, issued by Astrotech Corporation.		E

EX-99.1

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, April 03, 2012 – 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 29, 2012.

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, Mark E. Adams, John A. Oliva, William F. Readdy, Sha-Chelle Manning and Daniel T. Russler, Jr.

In addition to electing the board of directors, Astrotech shareholders ratified the appointment of Ernst & Young, LLP as independent auditors for the Company and approved the reverse stock split of the Company’s common stock in a ratio to be determined by the Board of Directors. The Board of Directors is awaiting future business and financial results, including market conditions, existing and anticipated trading prices for our common stock and the continued listing requirements of the NASDAQ Capital Market, before determining whether and when to implement the reverse split.

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

About Astrotech Corporation

Astrotech is one of the first space commerce companies and remains a strong entrepreneurial force in the aerospace industry. We are leaders in identifying, developing and marketing space technology for commercial use. Our Astrotech Space Operations business unit serves our government and commercial satellite and spacecraft customers with pre-launch services on the eastern and western range. 1^st Detect Corporation is developing what we believe is a breakthrough miniature mass spectrometer, while Astrogenetix, Inc. is a biotechnology company utilizing microgravity as a research platform for drug discovery and development.

This press release contains 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 and 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:

John Porter

Chief Financial Officer

Astrotech Corporation

512.485.9530

IR@astrotechcorp.com

Tables Follow

ASTROTECH CORPORATION

14,922,762 shares or 77.01% of the Company’s Common Stock were present in person or by proxy at the meeting.

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		7,655,125		630,453		6,637,184
Mark E. Adams		7,665,340		620,238		6,637,184
John A. Oliva		7,665,582		619,996		6,637,184
Sha-Chelle Manning		7,659,262		626,316		6,637,184
William F. Readdy		7,669,565		616,013		6,637,184
Daniel T. Russler, Jr.		7,554,134		731,444		6,637,184

Proposal 2 – Ratification of appointment of Ernst & Young, LLP as independent auditor for the Company

For Ratification	Against Ratification		Abstain from Voting		Broker Non Votes
14,556,373		164,515		201,874		0

Proposal 3 – Approving a reverse stock split of the Company’s common stock in a ratio to be determined by the Board of Directors

For Ratification	Against Ratification		Abstain from Voting		Broker Non Votes
10,659,607		3,686,121		577,032		2

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