News

 Advanced fiber optic technology provides quicker, more accurate testing of composite material ROANOKE, Va.–(BUSINESS WIRE)–Jul. 12, 2012–Luna Innovations Incorporated(NASDAQ: LUNA) today launched the latest distributed fiber optic sensing platform that is 20 times faster and half the cost of its previous ODiSI (Optical Distributed Sensor Interrogator) instrument. The ODiSI B model provides greater insight into the performance, tolerances and failure mechanisms of composite structures and…Read More

 Company uses reverse engineering to evaluate FPGA designs at bitstream level as way to improve design integrity ROANOKE, Va.–(BUSINESS WIRE)–May. 24, 2012–Luna Innovations Incorporated(NASDAQ: LUNA), a leading player in integrated circuits security, has developed technology that uses reverse engineering of field-programmable gate array (FPGA) bitstream design files to improve design integrity and further enhance cybersecurity. Luna makes it possible to perform high-reliability verification of FPGA…Read More

 Net loss improves 67% from prior year quarter; Total revenues decrease 7% from prior year quarter; Operating expenses decrease 18% from prior year quarter ROANOKE, Va.–(BUSINESS WIRE)–May. 9, 2012–Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the first quarter endedMarch 31, 2012. As compared to the same quarter last year, Luna improved its net loss to$0.3 millionfor the first quarter of 2012…Read More

 Relationship further strengthens Luna’s position in medical field ROANOKE, Va.–(BUSINESS WIRE)–May. 8, 2012–Luna Innovations Incorporated (NASDAQ: LUNA), a leading developer of fiber-optic sensing technology, today announced a development agreement withPhilips Healthcare, to conduct work in advancing Luna’s technology towards the commercialization of fiber-optic shape sensing in the non-robotic medical field. Under the agreement, Luna will conduct development work and provide advanced prototypes for a new-generation…Read More

ROANOKE, Va.–May. 2, 2012–Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first quarter financial results for the period endedMarch 31, 2012, in a conference call with investors.My Chung, president and chief executive officer, andDale Messick, chief financial officer, will host the call onWednesday, May 9, 2012, at5:00 p.m. (EDT). The investor conference call will be available via live webcast on the Luna Innovationswebsite…Read More

Small Business Innovation Research Achievement Award given for successful development of high-performance antennas for military vehicles ROANOKE, Va., Apr 26, 2012 –Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets, today announced it received the U.S. Army Small Business Innovation Research (SBIR) Achievement Award for its development of high-performance antennas for military vehicles. Luna is…Read More

Company’s role as prime contractor for DARPA programs helps to keep weapons systems trusted, safe and mission ready ROANOKE, Va., Apr 17, 2012 –Luna Innovations Incorporated (NASDAQ: LUNA), a leading player in integrated circuits security, is the prime contractor for two programs that help to keep weapons systems trusted, safe and mission-ready. Over the past seven years Luna has won more than $20 million in…Read More

Advanced fiber optic technology ideal for testing and manufacturing ROANOKE, Va., April 12, 2012 –Tests conducted on composite aircraft fuselage test panels show that new sensing technology from Luna Innovations Incorporated (NASDAQ: LUNA) offers aerospace manufacturers and operators greater insight into the condition of composite structures. Highly distributed strain sensing is now available with Luna’s ODiSI (Optical Distributed Sensor Interrogator) instrument. According to tests conducted…Read More

 Luna and Intuitive agree to continue work integrating shape sensing technology and medical robotics ROANOKE, Va.–Mar. 28, 2012–Luna Innovations Incorporated (NASDAQ: LUNA) announced today that it will be extending its development work through 2012 under its development and supply agreement withIntuitive Surgical, Inc.(NASDAQ: ISRG), as they work towards the integration of Luna’s shape and position sensing technology into Intuitive’s medical robotic products. This extension is…Read More

Positive operating cash flow $2.4 million for the quarter; Total revenues decrease 10% from prior year quarter; Annual revenues increase 3% over prior year; Loss attributable to common shareholders improves $1.5 million for full year ROANOKE, Va.–Mar. 8, 2012–Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the fourth quarter and year endedDecember 31, 2011. For the fourth quarter of 2011, Luna realized…Read More