News

Luna Innovations Incorporated (NASDAQ: LUNA) announced that it has received a written notice on May 17,  2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). This Notice has no immediate effect on the listing of the Company's shares on Nasdaq. If Luna fails to timely regain compliance with the Rule, the Company's common stock will be subject to delisting from Nasdaq. 

On April 2, 2024, Luna received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) concerning compliance.

Luna is working diligently to complete its Form 10-K to ensure compliance with Nasdaq Listing Rule 5250(c)(1) and will provide an update once more information is available.

Richard Roedel Named Interim Executive Chairman and Interim President 

Luna Innovations Incorporated today announced that Scott Graeff has retired from his role as President and Chief Executive Officer of the Company and has stepped down from the Board of Directors, leaving the Company after 21 years. The Board has initiated a search for a new President and Chief Executive Officer.

Company executives will participate in the 26th Annual Needham Growth Conference in New York City, New York. Scott Graeff, President and CEO; George Gomez- Quintero, CFO; and Brian Soller, CTO and EVP, Corporate Development, will present on Thursday, January 18, 2024, at 8:45 a.m. ET. Click to view details on the conference.

Luna has extended its existing relationship with Northrop Grumman by securing a new, multi-unit, multi-million dollar order for its OBR 6200 portable backscatter reflectometer in support of the F-35 Joint Strike Fighter.

Luna Innovations Incorporated (NASDAQ: LUNA), announced its financial results for the three and nine months ended September 30, 2023.

Luna Innovations Incorporated will report its third-quarter financial results for the period ended September 30, 2023, before the open of the stock market on Tuesday, November 14, 2023.

George Gomez-Quintero is joining the company as Chief Financial Officer (CFO) today. Mr. Gomez-Quintero will succeed current CFO Gene Nestro, who has agreed to assist the company through mid-2024 to ensure a smooth transition. Mr. Gomez-Quintero will lead Luna’s Finance organization and represent Luna in communications with investors, lenders and rating agencies.

Luna Innovations won a large contract to provide heat detection monitoring of 40 kilometers of conveyor belt in 11 South African mines, utilizing the LIOS DE.TECT linear heat detection system.