Luna Innovations

Luna Innovations Incorporated is a company that develops and manufactures products for the medical, telecommunications, energy and defense markets. It is headquartered in Roanoke, Virginia. Luna's products are used to measure, monitor, protect and improve processes to enhance the safety, security, and connectivity of people.

Luna Innovations Incorporated
Public
Traded asNASDAQ: LUNA
Russell Microcap Index component
IndustryAerospace, Automotive and Communications
FoundedBlacksburg, Virginia (1991)
HeadquartersRoanoke, Virginia, United States
Key people
Scott A. Graeff, President & CEO
ProductsFiber Optic Sensing (ODiSI), Fiber Optic Test & Measurement Products (OVA, OBR, Tunable Lasers) and Terahertz Technology (T-Ray, T-Gauge)
Websitehttp://www.lunainc.com

Luna Technologies is a division of Luna Innovations specializing in Luna-branded products for fibre optic testing of components, modules and networks, as well as integrated optics and distributed sensing solutions. Their fibre optic test and measurement devices include optical analyzers, reflectometers, tunable lasers, optical switches and customized systems for strain, temperature, shape and position sensing.

Luna's nanoWorks Division is developing nanomedicines for diagnostic and therapeutic applications using Luna's exclusive carbon nanomaterials, including the Trimetasphere.

Luna's Technology Development Division works with major government agencies on technology development in these four core areas: sensors and systems (fiber optics and ultrasonics); health sciences; and advanced materials including corrosion inhibitors, self-cleaning and self-healing coatings, impact indicators, flame retardant additives and nanomaterials; and secure computing using hardware-based anti-tamper technologies.

Luna Innovations was founded by an electrical engineering professor at Virginia Tech and was originally headquartered in Blacksburg, Virginia. It moved its headquarters to Roanoke in September 2006. Luna Innovations has four locations across Virginia: Blacksburg, Roanoke, Danville, and Charlottesville, as well as locations in Ann Arbor, Michigan; Atlanta, Georgia; and Chino, California.

Two companies developed from Luna Innovations have been sold to other companies. Luna Energy, which developed pipeline monitoring sensors for the oil and gas industry, was acquired by oilfield services firm Baker Hughes. Luna i-Monitoring, which developed a suite of integrated wireless sensors for remote monitoring for the oil and gas industry, was acquired by IHS Energy.

Also of note is that Luna recently acquired both Micron Optics, Inc. and General Photonics, Inc., thus increasing its available products and patents for future products.

Luna Innovations had an initial public offering in June 2006 with the NASDAQ trading symbol LUNA.

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