Austin's Astrotech wins spacecraft propellant contract

Austin-based Astrotech has announced that Astretech Space Operations has received a $1.1 million purchase order to supply hypergolic propellants to a spacecraft manufacturer.

The company has seen a net income of $1 million, a strong economic showing after taking a beating in the recession.

Astrotech employs about 66 workers, and will fufill the contract from its headquarters in Titusville, Fla.

Austin Business Journal

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