Luna receives second payment of $6 million from Intuitive Surgical

  Second tranche released in accordance with agreement struck earlier this year ROANOKE, VA, (April 24, 2014) – Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the telecommunications, aerospace, automotive, energy, and defense markets, today announced that it has received the second payment of $6 million as originally agreed upon with Intuitive Surgical, Inc. The payment is related to the sale…Read More

Luna Innovations Incorporated Reports Fourth Quarter and Full Year 2013 Financial Results

Fourth quarter products and licensing revenue increase 18% compared to prior year quarter; Net loss attributable to common stockholders improves 46% to $0.8 million for the full year 2013 (ROANOKE, VA, March 13, 2014) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the fourth quarter and year ended December 31, 2013. As compared to the same quarter last year, total revenue decreased…Read More

Luna Announces Fourth Quarter and Year-End Financial Release Date of March 13, 2014

  ROANOKE, Va., March 6, 2014 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its fourth quarter and full year financial results for the period ended December 31, 2013, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, March 13, 2014, at 5:00 p.m. (EDT). The investor…Read More

Luna announces sale of shape-sensing technology for medical applications

  Intuitive Surgical buys medical shape-sensing technology in deal valued at up to $30 million; Luna to retain shape-sensing technology for non-medical industries ROANOKE, VA, (January 22, 2014) – Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the telecommunications, aerospace, automotive, energy and defense markets, today announced the sale of its shape-sensing technology for medical applications to Intuitive Surgical, Inc. (NASDAQ:…Read More

Luna Innovations Incorporated Reports Third Quarter 2013 Financial Results

Total revenues decrease 16% from prior year quarter; Net loss of $0.6 million for the third quarter (ROANOKE, VA, November 7, 2013) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the third quarter and nine months ended September 30, 2013. As compared to the same quarter last year, total revenue decreased by 16%, from $6.8 million in the third quarter of 2012…Read More

Luna announces agreement to commercialize new self-cleaning textile technology

Company grants exclusive license to UltraTech International to market repellent that protects clothing from liquids ROANOKE, Va., (November 4, 2013) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced an agreement granting UltraTech International Incorporated an exclusive license to commercialize Luna’s new textile repellent technology that can protect first responders from pathogens and industrial workers from contaminants, as well as address the common problem of keeping…Read More

Luna Announces Third Quarter Release Date of November 7, 2013

ROANOKE, Va., October 31, 2013 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third quarter financial results for the period ended September 30, 2013, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, November 7, 2013, at 5:00 p.m. (EST). The investor conference call will…Read More

Luna Innovations Incorporated Reports Second Quarter 2013 Financial Results

Products and licensing revenues increase 11% over prior year quarter; Total revenues decrease 11% from prior year quarter (ROANOKE, VA, August 6, 2013) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the second quarter and six months ended June 30, 2013. As compared to the same quarter last year, total revenue decreased by 11%, from $6.7 million in the second quarter…Read More

Luna Announces Second Quarter Release Date of August 6, 2013

  ROANOKE, Va., July 30, 2013 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its second quarter financial results for the period ended June 30, 2013, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Tuesday, August 6, 2013, at 5:00 p.m. (EDT). The investor conference call will…Read More

Luna Announces Multi-Year Agreement with Intuitive Surgical

  Companies map out plan to continue to work together to integrate Luna’s shape-sensing technology into robotically assisted surgical systems ROANOKE, Va., (July 8, 2013) – Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets, today announced a multi-year agreement that amends its development and supply agreement with Intuitive Surgical, Inc., (NASDAQ: ISRG), the global…Read More