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

Luna Innovations Files for Chapter 11 Reorganization

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

Luna Innovations Receives Staff Determination Regarding Nasdaq Delisting

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

Luna Innovations Notifies Nasdaq of Non-Compliance with Continued Listing Standards

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

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