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Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer
Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer

Business Upturn

time28-05-2025

  • Business
  • Business Upturn

Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer

AUSTIN, Texas, May 28, 2025 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq: ASTC) (the 'Company' or ('Astrotech'), today announced that it has appointed Jennifer Cañas as Chief Financial Officer ('CFO') of the Company. Ms. Cañas' appointment is effective as of May 22, 2025. 'The Board is delighted to promote Ms. Cañas to Chief Financial Officer,' stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. 'I have worked with Ms. Cañas since 2022 and have found her to be hard working, competent and knowledgeable. Management and the Board of Directors are excited to promote Jennifer to this position as she demonstrated strong leadership and delivered solid results over the years.' Ms. Cañas has served as the Company's Corporate Controller since June 2022. Ms. Cañas brings over 20 years of experience in senior financial roles. Prior to joining Astrotech, Ms. Cañas served as the Controller of The Texas Water Company, formerly SJWTX (NASDAQ: HTO, formerly SJW) from 2018 to 2022. In 2008, Ms. Cañas founded a small business tax and financial advisory firm, where she served as a Controller Consultant until 2022. She has extensive experience at Big Four accounting firm, PricewaterhouseCoopers, and mid-size accounting firms. The Company believes Ms. Cañas' background provides strategic financial leadership and deep accounting expertise essential to the role of Chief Financial Officer. Ms. Cañas is a Certified Public Accountant. She received her Bachelor of Science degree in accounting from the University of Houston – Clear Lake where she graduated with honors, Cum Laude. She actively volunteers with Big Brothers Big Sisters and has led Financial Peace University for several years, reflecting her dedication to community service and financial empowerment. 'I am honored to accept the role of CFO,' said Ms. Cañas. 'It has been exciting to see Astrotech Corporation develop over the years. I remain committed to leading our team with integrity and I look forward to contributing to our shared commitment of delivering value for our shareholders.' About Astrotech Corporation Astrotech (Nasdaq: ASTC) is a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology through its wholly owned subsidiaries. 1st Detect develops, manufactures, and sells trace detectors for use in the security and narcotics detection market. AgLAB develops and sells process analyzers for use in the agriculture market. Pro-Control produces products for the in-situcontrol of the chemical manufacturing processes. BreathTech is developing a breath analysis tool to screen for volatile organic compounds that could indicate infections or critical conditions. EN-SCAN, Inc. develops advanced environmental testing and monitoring solutions, integrating gas chromatography and mass spectrometry technology in rugged, portable designs for rugged environments. Astrotech is headquartered in Austin, Texas. For information, please visit 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 and the COVID-19 pandemic, 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. Company Contact: Jennifer Cañas, Chief Financial Officer, Astrotech Corporation, (512) 485-9530. Investor Contact: Matt Kreps, Managing Director, Darrow Associates, (214) 597-8200, [email protected]. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer
Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer

Yahoo

time28-05-2025

  • Business
  • Yahoo

Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer

AUSTIN, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the 'Company' or ('Astrotech'), today announced that it has appointed Jennifer Cañas as Chief Financial Officer ('CFO') of the Company. Ms. Cañas' appointment is effective as of May 22, 2025. 'The Board is delighted to promote Ms. Cañas to Chief Financial Officer,' stated Thomas B. Pickens III, Chairman and Chief Executive Officer of Astrotech Corporation. 'I have worked with Ms. Cañas since 2022 and have found her to be hard working, competent and knowledgeable. Management and the Board of Directors are excited to promote Jennifer to this position as she demonstrated strong leadership and delivered solid results over the years.' Ms. Cañas has served as the Company's Corporate Controller since June 2022. Ms. Cañas brings over 20 years of experience in senior financial roles. Prior to joining Astrotech, Ms. Cañas served as the Controller of The Texas Water Company, formerly SJWTX (NASDAQ: HTO, formerly SJW) from 2018 to 2022. In 2008, Ms. Cañas founded a small business tax and financial advisory firm, where she served as a Controller Consultant until 2022. She has extensive experience at Big Four accounting firm, PricewaterhouseCoopers, and mid-size accounting firms. The Company believes Ms. Cañas' background provides strategic financial leadership and deep accounting expertise essential to the role of Chief Financial Officer. Ms. Cañas is a Certified Public Accountant. She received her Bachelor of Science degree in accounting from the University of Houston – Clear Lake where she graduated with honors, Cum Laude. She actively volunteers with Big Brothers Big Sisters and has led Financial Peace University for several years, reflecting her dedication to community service and financial empowerment. 'I am honored to accept the role of CFO,' said Ms. Cañas. 'It has been exciting to see Astrotech Corporation develop over the years. I remain committed to leading our team with integrity and I look forward to contributing to our shared commitment of delivering value for our shareholders.' About Astrotech Corporation Astrotech (Nasdaq: ASTC) is a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology through its wholly owned subsidiaries. 1st Detect develops, manufactures, and sells trace detectors for use in the security and narcotics detection market. AgLAB develops and sells process analyzers for use in the agriculture market. Pro-Control produces products for the in-situcontrol of the chemical manufacturing processes. BreathTech is developing a breath analysis tool to screen for volatile organic compounds that could indicate infections or critical conditions. EN-SCAN, Inc. develops advanced environmental testing and monitoring solutions, integrating gas chromatography and mass spectrometry technology in rugged, portable designs for rugged environments. Astrotech is headquartered in Austin, Texas. For information, please visit 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 and the COVID-19 pandemic, 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. Company Contact: Jennifer Cañas, Chief Financial Officer, Astrotech Corporation, (512) 485-9530. Investor Contact: Matt Kreps, Managing Director, Darrow Associates, (214) 597-8200, mkreps@

The El Salvador mega-prison at the dark heart of Trump immigration crackdown
The El Salvador mega-prison at the dark heart of Trump immigration crackdown

The Guardian

time30-04-2025

  • Politics
  • The Guardian

The El Salvador mega-prison at the dark heart of Trump immigration crackdown

'Don't stop,' said the local in the backseat. 'Just slow down and you'll see it.' Soldiers watched the vehicle as it passed the turn-off and the checkpoint. Then a white building flashed through a gap in the trees, a few kilometres from the road. Without permission from the government, that is as close as anyone can get to the Terrorism Confinement Centre (Cecot), the prison at the core of relations between El Salvador and the US. President Nayib Bukele bills the prison as the biggest in the Americas, capable of holding 40,000 people, and specifically members of MS-13 and Barrio 18, the two gangs that brutalised Salvadorian society for decades. It is also where the Trump administration has paid to send 238 Venezuelan migrants, and a black hole from which no information escapes – except for what the Salvadorian government chooses to reveal. The Guardian requested to visit but received no response. 'It's like Guantánamo on steroids,' said Juan Pappier, Human Rights Watch's deputy director for the Americas. 'These people are outside the US, in a country with no separation of powers. They're in a space essentially ungoverned by law.' Three years ago, Bukele declared a state of exception that has continued ever since, suspending constitutional rights and unleashing the state to take on El Salvador's gangs, including through mass incarceration without due process. About 85,000 people – 1.4% of the population – have been arrested since. Most are being held in pre-trial detention. Human rights organisations believe many people without ties to gangs have been swept up, and have documented almost 400 deaths in custody. The mass arrests broke the gangs' territorial grip, brought homicides down and gave many Salvadorians a kind of freedom they hadn't known for years. The great majority approve of Bukele's government. But at the same time, Salvadorians know they now live at the whim of a president who has accumulated near absolute power. In Tecoluca, the rural district in the shadow of Cecot, most were afraid to speak with their names. 'If you criticise them, they accuse you of being a criminal,' said one man. 'All you can say is amen, amen – otherwise they might take you from your home.' César Cañas, a local councillor and activist, said that the prison was built without public consultation. Locals only found out when construction trucks started arriving in 2022. The military had set up a checkpoint on the access road, so Cañas approached on foot from the other side to investigate, finding that farmers had been forced to sell their land or face expropriation. 'When Radio YSUCA published our findings, that forced the president to give his version,' said Cañas. 'And he tweeted that they were building a mega-prison to house 40,000 terrorists. That's more than the population of the whole district.' The 23-hectare (57-acre) prison was finished in less than a year, and the first prisoners arrived in February 2023. Even now, locals say they know almost nothing about what happens inside the prison. The secrecy around Cecot is not unique: the government has released little information from any of its prisons since the state of exception began. But what is unique is that no information has leaked out. This reflects the fact that only one prisoner is known to have left the Cecot alive: Kilmar Ábrego García, a Salvadorian man who was wrongly deported from the US and subsequently transferred to another prison, where he still has no contact with the outside world. This tight control on information coming out of Cecot allows authorities to shape its image through choreographed visits from select media, influencers and US Republican politicians, making it the public face of the state of exception. Those visits have shown large cells with three tiers of metal beds but no sheets or mattresses. There are up to 80 prisoners to a cell, where they share basic toilets and a basin of water to wash in. Prisoners are allowed to leave their cells for 30 minutes a day, to exercise in the central area. They never see sunlight, but the lights inside are never turned off – except for the pitch-black solitary confinement cells. No visitors are allowed. The government says 15,000 prisoners are currently held there. 'Cecot is not meant for rehabilitation,' said Noah Bullock, executive director of Cristosal, a human rights organisation. 'It is meant for permanent exile, permanent punishment. 'In that sense, it's intentionally cruel,' added Bullock. 'And that's what is being communicated: that finally we have a leader strong enough to deal with these people how they should be dealt with, which is as something less than human.' The propaganda doesn't reflect the reality of El Salvador's state of exception nor its prison system, where people who may have nothing to do with gangs are trapped in still more terrible conditions in prisons such as Izalco. Nonetheless the image is part of what makes Cecot useful to the Trump administration, said Bullock. When Kristi Noem, the secretary of homeland security, gave a speech in the prison, she did it in front of MS-13 members – not the Venezuelans they had just deported. 'The Venezuelans don't have the names of gangs tattooed on their chest. And when they had their heads shaved and their backs bent double, they looked sad. It generated some sympathy,' said Bullock. 'When you stand in front of MS-13 members, you eliminate that doubt.' The Wall Street Journal reported that Bukele plans to double the size of Cecot. In addition to deported migrants, Trump said he would 'love' to start sending US citizens who commit violent crimes to prison in El Salvador. People in Tecoluca were alarmed by the prospect of the prison's expansion. In one community, El Milagro – the Miracle – locals complained about being caught in the penumbra of the mobile signal blockade, but also the trail of sewage, that emanates from Cecot. The river has turned brown since the prison began dumping waste upstream. A young man took a stick and began poking the sediment along the banks, releasing a sickening smell. 'Cecot is the international mega-prison,' he said. 'For me it's shameful that Tecoluca is associated with it.' Still, he was resigned. 'We aren't listened to. People don't have a voice any more.' 'I'd have preferred a mega-university,' he added quietly.

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