- Press Release
- September 24, 2022
ETC’s NASTAR Center Appoints Former NASA Science Mission Directorate Associate Administrator as Advisor for Space and Research
Environmental Tectonics Corporation’s (OTC:ETCC) (BULLETIN BOARD: ETCC) (“ETC” or the “Company”) The National AeroSpace Training and Research (NASTAR(R)) Center announced today that it has retained Dr. Alan Stern as an advisor for space and research related business including the Suborbital Scientist Training Program, which provides researchers and educators with training to perform experiments aboard suborbital vehicles.
Dr. Stern is a planetary scientist. The Associate Administrator of NASA’s Science Mission Directorate in 2007-2008, Stern is now an Associate Vice President of Southwest Research Institute and the principal investigator of NASA’s New Horizons mission to Pluto. He has been a researcher in 24 suborbital, orbital, and planetary space missions and led the development of eight scientific instruments for planetary and near-space research missions. Stern’s background includes Master of Science degrees in aerospace engineering and planetary atmospheres from the University of Texas, Austin, and a Doctorate in astrophysics and planetary science from the University of Colorado, Boulder. Stern has over 25 years of space science experience, including 200 technical papers, 40 popular articles and has authored/co-authored two books, and served as editor on three technical volumes, and three collections of scientific essays.
Says Dr. Stern, “I am very excited about helping NASTAR help researchers and educators prepare for suborbital space travel–the best known frontier in near-Earth space commercialization, and a tremendous opportunity to advance the goals of space science, education, and other kinds of space research. NASTAR’s facilities and staff are first rate, and I am proud to be associated with them.” Brienna Henwood, Director of Space and Research at the NASTAR Center, said, “We are thrilled to have Alan on board. His expertise and insights will help advance our training programs and research services to better accommodate the needs of the growing scientific space research market.”
About The NASTAR Center
The National AeroSpace Training And Research (NASTAR(R)) Center (www.nastarcenter.com) is a wholly-owned subsidiary of Environmental Tectonics Corporation. The NASTAR Center houses a variety of state-of-the-art equipment and professional staff to support the training and research needs of the aerospace community, including military aviation (fixed and rotary wing), civil aviation (fixed and rotary wing), space travel (government and private) and research support and data collection. The NASTAR(R) Center’s equipment and programs are highly modular and flexible and can accommodate a wide range of aerospace training and research requirements
ETC was incorporated in 1969 in Pennsylvania and last year we celebrated our 40th anniversary. Our core technologies include the design, manufacture and sale of Training Services (TSG) which includes (1) software driven products and services used to create and monitor the physiological effects of flight; (2) high performance jet tactical flight simulation, and; (3) driving and disaster simulation systems, and Control Systems (CSG) which includes: (1) steam and gas sterilization; (2) testing and simulation devices for the automotive industry, and; (3) hyperbaric and hypobaric chambers. Product categories included in TSG are Aircrew Training Systems (ATS) and flight simulators, disaster management systems and entertainment applications. CSG includes sterilizers, environmental control devices and hyperbaric chambers along with parts and service support.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ETC’s current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. These forward-looking statements include statements with respect to the Company’s vision, mission, strategies, goals, beliefs, plans, objectives, expectations, anticipations, estimates, intentions, financial condition, results of operations, future performance and business of the company, including but not limited to, (i) projections of revenues, costs of materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure, other financial items and the effects of currency fluctuations, (ii) statements of our plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions of customers, suppliers, competitors or regulatory authorities, (iii) statements of future economic performance, (iv) statements of assumptions and other statements about the Company or its business, (v) statements made about the possible outcomes of litigation involving the Company, (vi) statements regarding the Company’s ability to obtain financing to support its operations and other expenses, and (vii) statements preceded by, followed by or that include the words, “may,” “could,” “should,” “looking forward,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” or the negative of such terms or similar expressions. These forward-looking statements involve risks and uncertainties which are subject to change based on various important factors. Some of these risks and uncertainties, in whole or in part, are beyond the Company’s control. Factors that might cause or contribute to such a material difference include, but are not limited to, those discussed in the Company’s Annual Report on Form 10K for the fiscal year ended February 27, 2009, in the section entitled “Risks Particular to Our Business.” Shareholders are urged to review these risks carefully prior to making an investment in the Company’s common stock. The Company cautions that the foregoing list of important factors is not exclusive. Except as required by federal securities law, the Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.
Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext. 1203) Fax: 215-357-4000
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