Luna Innovations Could Emerge from Bankruptcy as Early as January 12
Court Hearing Set for January 12, 2010 to Confirm Luna’s Plan of Reorganization; Luna to Request Extension from NASDAQ Panel to Emerge from Bankruptcy and Demonstrate Compliance by January 13 ROANOKE, Va.—Luna Innovations Incorporated (NASDAQ: LUNA) announced today that a bankruptcy court hearing has been set for January 12, 2010, to decide whether to confirm Luna’s Plan of Reorganization and allow Luna to emerge from…Read More
Luna Innovations and Hansen Medical Reach Settlement
Settlement to Include Multi-Year Development and Supply Agreement to Integrate Luna’s Fiber Optic Sensing Technology into Hansen’s Surgical Products ROANOKE, Va.–Dec. 11, 2009–Luna Innovations Incorporated (NASDAQ: LUNA) announced today that it has executed a Settlement Agreement withHansen Medical, Inc. (NASDAQ: HNSN) resolving the outstanding litigation between the companies.Luna Innovations develops and manufactures new generation products for the healthcare, telecommunications, energy and defense markets.Hansen Medicaldesigns and…Read More
Luna Innovations Reports Third Quarter 2009 Financial Results
Revenues Decrease by $1.8 Million Compared to Third Quarter 2008; Operating Costs Continue to Improve; Net Loss at $2 Million ROANOKE, Va.–Nov. 12, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and pharmaceutical nanomedicines, today announced its financial results for the quarter endedSeptember 30, 2009. As compared to the same quarter last year, third quarter 2009 revenues decreased from$10.7 million to $8.9…Read More
Luna Innovations Announces Third Quarter Financial Release Date of November 12, 2009
ROANOKE, Va.–Nov. 10, 2009–Luna Innovations Incorporated (NASDAQ: LUNA), a company focusing on sensing & instrumentation and nanotechnology, announced today it will report its third quarter financial results for the period endedSeptember 30, 2009, in a conference call with investors.Kent A. Murphy, Chairman and Chief Executive Officer, andDale Messick, Chief Financial Officer, will host the call onThursday, November 12, 2009 at5:00 p.m. (EST). The investor conference…Read More
Luna Innovations Receives NASDAQ Notification Regarding Bid Price; Grace Period Granted Through March 15, 2010
ROANOKE, Va.—Sep. 18, 2009– Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and pharmaceutical nanomedicines, today announced that the Company has received a letter fromThe NASDAQ Stock Market indicating that because the bid price of the Company’s common stock closed below the minimum$1.00 per share threshold set forth in NASDAQ Listing Rule 5550(a)(2) for the prior 30 consecutive business days, the Company…Read More
Luna Technologies Launches New Optical Vector Analyzer
OVA 5000 scans all parameters in less than three seconds ROANOKE, Va.–Sep. 17, 2009– Luna Technologies, an industry-leading developer of advanced solutions for fiber optic test and measurement systems and a division of Luna Innovations Incorporated (NASDAQ: LUNA), today announced its newest product in the Optical Vector Analyzer™ platform, the OVA 5000. This instrument is the fastest, most accurate and economical tool for loss, dispersion…Read More
Luna Innovations Reports Second Quarter 2009 Financial Results;
Revenues Decline by $1.2 Million Compared to Second Quarter 2008; Net Loss Increases by $0.6 Million ROANOKE, Va.–Sep. 9, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and pharmaceutical nanomedicines, today announced its financial results for the quarter endedJune 30, 2009. As compared to the same quarter last year, second quarter 2009 revenues decreased from$9.9 million to $8.7 million, gross profit decreased…Read More
Luna Innovations Announces Second Quarter Financial Release Date of September 9, 2009
ROANOKE, Va.—Sep. 4, 2009–Luna Innovations Incorporated (NASDAQ: LUNA), a company focusing on sensing & instrumentation and nanotechnology, announced today it will report its second quarter financial results for the period endedJune 30, 2009, in a conference call with investors.Kent A. Murphy, Chairman and Chief Executive Officer, andDale Messick, Chief Financial Officer, will host the call onWednesday, September 9, 2009 at5:00 p.m. (EDT). The investor conference…Read More
Luna Innovations’ Delay in Filing 10-Q Causes Further NASDAQ Non-Compliance
Delay in Filing Form 10-Q for June 30, 2009 Results in Non-Compliance with Listing Requirement ROANOKE, Va.—Aug. 19, 2009–Luna Innovations Incorporated (NASDAQ:LUNA) announced that it cannot file on a timely basis its Quarterly Report on Form 10-Q for the quarterly period endedJune 30, 2009, which was due to be filed with theSecurities and Exchange Commission byAugust 14, 2009. The Company does not expect that such…Read More
Further Non-Compliance with Nasdaq Continued Listing Standards; Panel Hearing Date Set for Luna Innovations
Resignation Results in Non-Compliance with Independent Director Requirement, Subject to Cure Period; Hearing Date Set Before NASDAQ Listing Qualifications Panel ROANOKE, Va.—Aug. 4, 2009– On July 30, 2009,Luna Innovations Incorporated (NASDAQ:LUNA) received a notice of deficiency from theNASDAQ Stock Market (“NASDAQ”) listing qualifications department staff (the “Staff”) indicating that the Company no longer complied with the independent director requirement as set forth in Rule 5605…Read More