Astrotech Corporation appoints Scott Bartley as Interim CFO, effective October 20, 2025, bringing over 20 years of experience.
Quiver AI Summary
Astrotech Corporation has appointed Scott Bartley as its Interim Chief Financial Officer effective October 20, 2025. Bartley brings over 20 years of financial expertise, having worked as a CFO and controller across various industries. His past roles include serving as a consultant, managing director, and CFO in both public and private companies. He holds CPA and Certified Valuation Analyst certifications and has degrees from the University of Texas at Austin. The press release also provides an overview of Astrotech’s subsidiaries, which specialize in mass spectrometry applications in security, agriculture, industrial manufacturing, health, and environmental testing. Additionally, it includes a disclaimer about forward-looking statements, outlining the risks and uncertainties affecting the company’s business.
Potential Positives
- Appointment of Scott Bartley as Interim CFO brings over two decades of financial expertise, which may strengthen the company's financial management and performance.
 - Mr. Bartley's background in various industries and previous leadership roles may enhance the company's strategic decision-making and operational efficiency.
 - The press release highlights Astrotech's focus on multiple innovative subsidiaries, showcasing the company's diverse market presence and commitment to technological advancement.
 - The announcement is expected to instill confidence among investors, suggesting stable leadership during a critical period for the company.
 
Potential Negatives
- Appointment of an Interim CFO may signal instability in financial leadership, which can lead to concerns about financial management and strategic direction.
 - Potential reliance on a consultant for a key executive role could indicate a lack of confidence in long-term internal leadership capabilities.
 - Forward-looking statements highlight a range of significant risks, including economic conditions and regulatory uncertainty, which may deter investor confidence.
 
FAQ
Who is the new CFO of Astrotech Corporation?
Scott Bartley has been appointed as the Interim Chief Financial Officer of Astrotech Corporation.
When did Scott Bartley become CFO?
Scott Bartley became Interim CFO effective October 20, 2025.
What experience does Scott Bartley have?
He has over two decades of experience as a Controller and CFO in various industries.
What does Astrotech Corporation do?
Astrotech Corporation specializes in mass spectrometry and operates several subsidiaries in specialized markets.
Where is Astrotech Corporation headquartered?
Astrotech Corporation is headquartered in Austin, Texas.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ASTC Insider Trading Activity
$ASTC insiders have traded $ASTC stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ASTC stock by insiders over the last 6 months:
- BRADEN MICHAEL LEONARD has made 0 purchases and 2 sales selling 229,576 shares for an estimated $1,625,071.
 
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ASTC Hedge Fund Activity
We have seen 3 institutional investors add shares of $ASTC stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 18,507 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $106,877
 - SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 10,355 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $59,800
 - DIMENSIONAL FUND ADVISORS LP added 1,677 shares (+13.9%) to their portfolio in Q2 2025, for an estimated $9,684
 - UBS GROUP AG removed 1,595 shares (-34.6%) from their portfolio in Q2 2025, for an estimated $9,211
 - TOWER RESEARCH CAPITAL LLC (TRC) removed 513 shares (-67.1%) from their portfolio in Q2 2025, for an estimated $2,962
 - OSAIC HOLDINGS, INC. added 218 shares (+inf%) to their portfolio in Q2 2025, for an estimated $1,258
 - BANK OF AMERICA CORP /DE/ added 103 shares (+858.3%) to their portfolio in Q2 2025, for an estimated $594
 
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
AUSTIN, Texas, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or (“Astrotech”), today announced that it has appointed Scott Bartley as Interim Chief Financial Officer (“CFO”) of the Company, effective as of October 20, 2025.
  “We are pleased to announce Scott Bartley as Chief Financial Officer,” stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. “He brings over two decades of expertise as a Controller and CFO, across multiple industries, providing important qualification and vantage points for our business across multiple end markets.”
  
  
  
  Mr. Bartley, age 56, has served as a financial consultant since 2011, including roles as Chief Financial Officer and controller for both public and private companies where he provided detailed accounting, reporting, fundraising and audit support. Mr. Bartley has served as a consultant at Bridgepoint Consulting since 2018. Previously, Mr. Bartley was owner and managing director of Tolarus Partners from 2013 to 2015 and Helix Advisors from 2011 to 2013 and again from 2015 to 2018, providing contract Chief Financial Officer and valuation services to technology, manufacturing and pharmaceutical clients. Mr. Bartley was Chief Financial Officer of Westlake Securities, a broker dealer from 2008 to 2011. Prior to Westlake Securities, Mr. Bartley was an Assurance Senior Manager at Deloitte & Touche, LLP.
 
Mr. Bartley is a Certified Public Accountant and Certified Valuation Analyst. He received a Bachelor of Business Administration and Master of Professional Accounting degree from the University of Texas at Austin.
  
   About Astrotech Corporation
  
  
  
  
  Astrotech (Nasdaq: ASTC) is a mass spectrometry company that creates, operates, and scales innovative businesses through its wholly owned subsidiaries. Each subsidiary leverages Astrotech’s core technology to serve specialized markets:
 
- 1st Detect develops, manufactures, and markets trace detection systems for security and narcotics screening applications.
 - AgLAB designs process analyzers tailored to the agriculture industry.
 - Pro-Control produces solutions for in-situ chemical process control in industrial manufacturing.
 - BreathTech is advancing a breath analysis platform to detect volatile organic compounds (VOCs) associated with infections and critical health conditions.
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   EN-SCAN, Inc. delivers portable, ruggedized environmental testing solutions that integrate gas chromatography and mass spectrometry for use in challenging field environments.
   
 
  Astrotech is headquartered in Austin, Texas. To learn more, visit
  
   www.astrotechcorp.com
  
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   Forward-Looking Statements
  
  
  
  
  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, the adverse impact of inflationary pressures, including significant increases in fuel costs, global economic conditions and events related to these conditions, including the ongoing wars in Ukraine and the middle east, the Company’s use of proceeds from the common stock offerings, whether we can successfully complete the development of our new products and proprietary technologies, whether we can obtain the FDA and other regulatory approvals required to market our products under development in the United States or abroad, whether the market will accept our products and services and whether we are successful in identifying, completing and integrating acquisitions, as well as other risk factors and business considerations described in the Company’s Securities and Exchange Commission filings including the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements in this document should be evaluated in light of these important risk factors. While we do not intend to directly harvest, manufacture, distribute or sell cannabis or cannabis products, we may be detrimentally affected by a change in enforcement by federal or state governments and we may be subject to additional risks in connection with the evolving regulatory area and associated uncertainties. Any such effects may give rise to risks and uncertainties that are currently unknown or amplify others mentioned herein. Although the Company believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. In addition, any forward-looking statements included in this press release represent the Company’s views only as of the date of its publication and should not be relied upon as representing its views as of any subsequent date. The Company assumes no obligation to correct or update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
 
  
   Investor Contact:
  
  
  Matt Kreps
  
  Darrow Associates
  
  (214) 597-8200
  
  
   [email protected]