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About Luna Innovations Incorporated


Luna Innovations (NASDAQ:LUNA) develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Luna's products are used to measure, monitor, protect and improve critical processes in the markets we serve. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Luna is headquartered in Roanoke, VA.

Technology Development


Chemistry Lab
Luna's innovation engine lies in its Technology Development Division. Here, engineers and scientists located throughout Luna collaborate with a network of experts in academia, federal labs and business to identify technologies and develop ideas with market potential. Technology development is focused in four areas: sensors and systems; health sciences; materials and secure computing & communications. Luna has a reputation for excellence and outstanding performance in R&D. Luna is a three-time recipient of the highly prestigious Tibbetts Award, which is presented to companies that best exemplify the philosophy and doctrine of the Small Business Innovation Research program.

Products & Emerging Solutions


The company is focused on commercialization with product and licensing developments in sensing and instrumentation and pharmaceuticals. This includes solutions for healthcare, telecommunications, industry and federal markets.

Luna Technologies
Luna Technologies is the name of the company’s branded products in fiber optic test & measurement and sensing instrumentation. This business unit of Luna Innovations began in 2000 and is today attaining its goal of becoming a premier supplier of test and sensing instrumentation to customers worldwide. Luna provides fast, accurate, flexible and cost-effective instrumentation used for process and control monitoring in telecommunications manufacturing, power generation and distribution, down-hole oil and gas production, aerospace and defense applications. The Luna Technologies group and production facilities are located in Blacksburg, VA.

In healthcare, Luna is applying its unique distributed fiber optic sensing to enhance medical devices used in minimally invasive diagnostics, surgery and therapy. This technology can be used to measure the position and shape of an instrument inside the body, as well as pressure and temperature. Intuitive Surgical, a technology leader in robotic-assisted minimally invasive surgery, is working with Luna on integrating Luna’s proprietary shape sensing technology into the navigational system of their next-generation robotic surgical devices. Luna is also developing medical devices that use high frequency sound, or ultrasonic waves based on proprietary technology known as quantitative ultrasound, for non-invasive monitoring and diagnostics.

Chemistry Lab
In Luna’s nanoWorks Division, focus is on materials manufacturing and the development of proprietary technologies based on carbon nanomaterials. Luna’s exclusive TRIMETASPHERE® is a novel molecule with the ability to encapsulate a variety of metals and each species may be used for applications exhibiting different mechanical, electrical, optical and magnetic behaviors based on end-user needs. Luna is using the TRIMETASPHERE® to develop a new agent to safely enhance the quality of images obtained from Magnetic Resonance Imaging (MRI). Additionally, Luna is developing novel pharmaceuticals targeted to specific diseases where no other antioxidants have been effective.

Luna's TRIMETASPHERE® is also the basis in the development of alternative energy solutions. Organic solar cells are a low-cost, lightweight, potential alternative to the silicon-based solar panels in wide use today. Improvements in performance are required before organic solar cells will be a commercial success. Luna has made significant progress in advancing the efficiencies of organic solar cells receiving verification from the U.S. Department of Energy's National Renewable Energy Laboratory that using Luna’s TRIMETASPHERE® carbon nanomaterials significantly increase open circuit voltage in organic solar cells compared to today’s standard C60 fullerenes.