Astrotech Awarded NASA Contract for MMS Satellite Processing
ASTROTECH CORPORATION, (NSDAQ: ASTC) and its Astrotech Space Operations subsidiary, leading providers of commercial space services, today announced that NASA has awarded Astrotech a contract to provide facilities and pre-launch processing services for the Magnetospheric MultiScale (MMS) mission to launch in late 2014.
Comprised of four identical satellites, MMS is the first mission awarded under the previously announced $9.1 million NASA Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract with Astrotech Space Operations-Florida.
"MMS will provide scientists with an opportunity to observe the Earth's magnetosphere in three dimensions," stated ASO General Manager Don M. White Jr. "Astrotech is excited to be part of this mission to learn more about space weather and its effects on our planet."
ASO Florida has provided payload processing for NASA satellites such as RBSP, Juno, SDO, LRO/LCROSS, GRAIL and TDRS-K. TDRS-L will arrive for processing later this year.
"Astrotech Space Operations and NASA have developed a very important relationship over the past 30 years which gives us the opportunity to be a part of these monumental missions," commented CEO Thomas B. Pickens III "We are honored to play a role in this exciting explorative mission intended to help us better understand and protect our fragile