Thomas B. Pickens III began his professional career with his first start-up, Beta Computer Systems, Inc., while a Junior at Southern Methodist University in Dallas, TX. Soon after successfully selling Beta Computers, he launched his first corporate acquisition by making an unsolicited offer for the Japan Fund (NYSE) to purchase its assets for $536M.
Over the next 30 years, Mr. Pickens completed additional corporate startups, acquisitions, business combinations, turnarounds, and financial restructurings totaling over $18 billion. Mr. Pickens functions as the principal architect in identifying and creating value through precise vision and highly managed execution of each transaction to its successful completion.
Mr. Pickens begins by personally identifying and qualifying each opportunity, then selects from a team of seasoned and experienced professionals to bring creative proficiencies in the structure of each acquisition, turnaround management and strategies, workout and restructuring negotiations, complex legal analysis, tax analysis and strategies, sophisticated and creative uses of NOLs, tax credits, sale leasebacks, cross border transactions, and corporate and asset dispositions.
An innovative science and technology development and holding company, Astrotech invents, acquires, and commercializes technological innovations for profitable divestiture to market leaders, maximizing shareholder value. Located in Austin, TX.
Astral Images sells film to digital image enhancement, defect removal and color correction software, as well as post processing services providing conversion of television and feature films to the new 4K UHD HDR format. Located in Austin, TX.
1st Detect develops, manufactures, and sells chemical detection and analysis instrumentation for use in the airport security, military, food and beverage, healthcare, and environmental markets. Located in Houston, TX.
Astrogenetix is the first biotechnology company to research and develop novel therapeutic products in the unique environment of sustained microgravity in space. Saving lives on earth by developing products in space. Located in Austin, TX.