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Astrotech acquires imaging technology at bankruptcy auction
Astrotech Corporation has successfully completed the acquisition of certain key assets and intellectual property from Image Trends, during a bankruptcy auction held in Austin, Texas.
“With the acquisition of these technologies, intellectual property, and know-how, coupled with selected high performance space imaging technologies, we have created Astral Images, Inc., revolutionizing the film to digital conversion process for the new Ultra-High Definition 4K standards,” stated Thomas B. Pickens, CEO of Astrotech.