Astrotech Corporation (NASDAQ:ASTC) ("Astrotech" or the "Company"), a science and technology development company with operational spaceflight heritage, today announced that its Board of Directors has approved a strategic initiative focused on lunar resource development, autonomous lunar industrial infrastructure, and future Moon-based advanced computing and semiconductor manufacturing opportunities.

The initiative is intended to position Astrotech to evaluate emerging opportunities associated with NASA's Artemis Program, the Commercial Lunar Payload Services ("CLPS") program, and next-generation commercial lunar transportation systems.

Astrotech's initiative is expected to focus on four strategic lunar resource and infrastructure categories:

  • Silicon and ultra-pure silicon-28 ("Si-28") for advanced semiconductor and quantum computing applications;
  • Helium-3 ("3He") for potential quantum cooling and cryogenic infrastructure applications; and
  • Platinum group metals ("PGMs") for potential terrestrial industrial applications.
  • Water ice for potential propellant production and life-support infrastructure;