News

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

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 Analyzerâ„¢ platform, the OVA 5000. This instrument is the fastest, most accurate and economical tool for loss, dispersion…Read More

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

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

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

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

Company to maintain operations and employment ROANOKE, Va.–Jul. 17, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing and instrumentation solutions and pharmaceutical nanomedicines, today voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in theU.S. Bankruptcy Court for the Western District of Virginia. The company emphasizes that it expects to continue to operate normally to serve customers, develop and manufacture products,…Read More

ROANOKE, Va.–Jul. 17, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing, instrumentation and pharmaceutical nanomedicines, today received a delisting determination letter from theNasdaq Stock Market Listing Qualifications Staff indicating the Listing Qualifications Staff’s decision to delist Luna’s common stock from theNasdaq Global Marketpursuant to Nasdaq Marketplace Rules 5101, 5110(b) and IM−5101-1. The determination was made following Luna’s action to file a voluntary petition for…Read More

Stockholders’ Deficit Triggers Noncompliance with Quantitative Standards; Audit Committee Composition Requirement Subject to Cure Period ROANOKE, Va.—May. 19, 2009– On May 15, 2009,Luna Innovations Incorporated (NASDAQ:LUNA) notified Nasdaq that it was not in compliance with the standards for continued listing on theNasdaq Global Market in connection with the filing of its Quarterly Report on Form 10-Q for the period endedMarch 31, 2009.Luna Innovations confirmed to…Read More

Litigation Adversely Impacts Quarterly ResultsNet loss of $40.9 million; revenues decline 5% compared to last year ROANOKE, Va.–May. 13, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and pharmaceutical nanomedicines, today announced its financial results for the first quarter endedMarch 31, 2009. As compared to the same quarter last year, first quarter 2009 revenues decreased from$8.9 million to $8.5 million, gross profit…Read More