Luna Innovations Reports First Quarter 2009 Financial Results

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

Luna’s Fiber Optic Sensing Used in Railway Test in France

BLACKSBURG, VA, May 7, 2009 – Luna Technologies’ fiber optic sensing system, the Optical Backscatter Reflectometer (OBR™) 4400 device with distributed Rayleigh sensing, was used in an experiment by the French Public Works Research Laboratory in conjunction with the French National Railway for the possible use as a cavity detection or sink hole warning system on railway track beds and tunnels. Embedded cavities, or sink…Read More

Luna Innovations Announces First Quarter Financial Release Date of May 13, 2009

ROANOKE, Va.–May. 5, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and nanotechnology, announced today it will report its first quarter financial results for the period endedMarch 31, 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, May 13, 2009 at11:00 a.m. (EDT). The investor conference call…Read More

Luna Innovations Announces Lawsuit Verdict

ROANOKE, Va.–Apr. 22, 2009– A jury in Superior Court of the State of California, County of Santa Clara, returned a verdict in the ongoing litigation between Luna Innovations Incorporated (NASDAQ: LUNA) and Hansen Medical, Inc. The jury found in favor of Hansen determining that Luna Innovations breached its contract with Hansen as well as misappropriated trade secrets belonging to Hansen. The jury awarded approximately $36…Read More

Luna Announces Fiber Optic SKEW Measurement Capability

Software development tools to enhance performance and process control in optical manufacturing BLACKSBURG, Va.–Mar. 24, 2009– Luna Technologies, the test & measurement and sensing instrumentation division ofLuna Innovations Incorporated(NASDAQ:LUNA), today announces fiber optic SKEW measurement capability as an enhancement for its award-winning Optical Backscatter Reflectometer™ (OBR) product. By combining Luna’s optical switch and custom software, Luna has created a solution to dramatically increase the throughput…Read More

Luna Announces PHOENIX 1200 Tunable Laser Module

Swept Tunable Laser with Exclusive Integrated Wavemeter BLACKSBURG, Va.–Mar. 19, 2009– Luna Technologies, a division of Luna Innovations Incorporated (NASDAQ:LUNA), announces the PHOENIX™ 1200 tunable swept laser module with picometer accuracy and the industry’s first integrated wavemeter. The PHOENIX™ 1200C-band laser has NIST-traceable accuracy and sub-picometer resolution, making it ideal for fiber optic test and measurement, spectroscopy and fiber bragg grating-based sensing applications. “Our new…Read More

Luna Innovations Reports Fourth Quarter 2008 and Full Year Financial Results

ROANOKE, Va.–Mar. 3, 2009–Luna Innovations Incorporated (NASDAQ: LUNA), a company focusing on sensing & instrumentation and pharmaceutical nanomedicines, today announced its financial results for the fourth quarter and year endedDecember 31, 2008. As compared to the same quarter last year, fourth quarter 2008 revenues decreased by 26%, from$9.9 million to $7.4 million, gross profit decreased from$3.7 million to $2.3 million, and loss per share increased…Read More

Luna Innovations Announces Fourth Quarter and Year-End Financial Release Date of March 3, 2009

ROANOKE, Va.–Feb. 26, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and nanotechnology, announced today it will report its fourth-quarter and full year financial results for the period endedDecember 31, 2008, in a conference call with investors. Kent A. Murphy, Chairman and Chief Executive Officer, and Dale Messick, Chief Financial Officer, will host the call onTuesday, March 3, 2009 at11:00 a.m. (EST)….Read More

Luna Innovations’ Research on Solar Cell Technology is Published in Nature Materials

Research Shows Promise for Organic Photovoltaic Solar Cells as Alternative Energy Source ROANOKE, Va.–Feb. 11, 2009– Luna Innovations Incorporated (NASDAQ:LUNA) announces the solar cell research of scientists Dr. Claudia Cardona and Dr. Martin Drees has been published in the prestigious journal Nature Materials. The paper titled “Endohedral fullerenes for organic photovoltaic devices” presents a unique approach to enhance flexible, plastic solar cells, also known as…Read More

Luna Innovations Announces Preliminary 2008 Revenue Results

ROANOKE, Va.–Feb. 10, 2009–Luna Innovations Incorporated(NASDAQ:LUNA), a developer of sensing & instrumentation and nanomaterial solutions for medical, telecommunications, energy and defense markets, today announced preliminary revenue results for 2008. The company expects 2008 annual revenue to be approximately$36.9 million. The lower than expected 2008 revenues were primarily due to a decline in orders for telecommunications products in the fourth quarter. The company believes the decline…Read More