Articles from Luna Innovations Incorporated

Luna Announces Resignation of Pamela Coe
Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that, Pamela Coe, a member of the Board of Directors (the “Board”), will be retiring from the Luna board effective today. Ms. Coe was elected to the Board in May 2021 for a three-year term.
By Luna Innovations Incorporated · Via Business Wire · December 27, 2024
Luna Innovations Receives Additional Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written notice (the “Notice”) on November 14, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-Q for the quarter ended September 30, 2024 (the “Q3 2024 Form 10-Q”) and because the Company remains delinquent in filing its Form 10-Qs for the quarters ended March 31, 2024 (the “Q1 2024 Form 10-Q”) and June 30, 2024 (the “Q2 2024 Form 10-Q”) and its Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”, and collectively with the Q1 2024 10-Q, Q2 2024 10-Q and Q3 2024 10-Q, the “Delinquent Filings”), it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). As previously announced, the Company received earlier notices of non-compliance with respect to the Rule on August 20, 2024, May 17, 2024 and April 2, 2024 because it had not yet filed its Q2 2024 Form 10-Q, Q1 2024 Form 10-Q and 2023 Form 10-K, respectively.
By Luna Innovations Incorporated · Via Business Wire · November 15, 2024
Luna Innovations Announces CFO Transition: Names William Phelan as Chief Financial Officer and Chief Accounting Officer
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced the appointment of William L. Phelan as its new Chief Financial Officer and Chief Accounting Officer, effective immediately. Mr. Phelan succeeds John Roiko, who joined Luna out of retirement in May 2024 and played a key role in establishing a resilient foundation for Luna’s future growth. Following the appointment of Mr. Phelan, Mr. Roiko will shift to a consulting role to support the ongoing restatement process.
By Luna Innovations Incorporated · Via Business Wire · October 16, 2024
Luna Innovations Announces Receipt of Nasdaq Staff Determination Letter
Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that on October 1, 2024, it received a staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the Company’s failure to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”), Nasdaq has determined (the “Determination”) that the Company’s securities will be scheduled for delisting from Nasdaq unless the Company requests an appeal of the determination to a Hearings Panel (the “Hearings Panel”).
By Luna Innovations Incorporated · Via Business Wire · October 7, 2024
Luna Innovations Announces Receipt of Additional Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written notice (the “Notice”) on August 20, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”) and because the Company remains delinquent in filing its Form 10-Q for the quarter ended March 31, 2024 (the “Q1 2024 Form 10-Q”) and its Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”), it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). As previously announced, the Company received earlier notices of non-compliance with respect to the Rule on May 17, 2024 and April 2, 2024 because it had not yet filed its Q1 2024 Form 10-Q and 2023 Form 10-K, respectively.
By Luna Innovations Incorporated · Via Business Wire · August 26, 2024
Luna Announces Appointment of Kevin Ilcisin as CEO, Retirement of Richard Roedel and $15 Million Credit Facility from White Hat Capital Partners
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of Kevin Ilcisin as its new President and Chief Executive Officer, the retirement of Richard Roedel from the Board of Directors (the “Board”) after nearly 20 years of service, and the closing of a $15 million junior secured term loan facility (the “Loan Facility”).
By Luna Innovations Incorporated · Via Business Wire · July 23, 2024
Luna Innovations Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written notice (the “Notice”) on May 17, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-Q for the quarter ended March 31, 2024 (the “Form 10-Q”) and because the Company remains delinquent in filing its Form 10-K for the year ended December 31, 2023 (the "Form 10-K"), it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
Luna Innovations Announces Inducement Grants Under NASDAQ Listing Rule 5635(C)(4)
Luna Innovations Incorporated (NASDAQLUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced two inducement grants pursuant to its 2024 Inducement Plan.
Luna Innovations Appoints New Senior Leadership Across Sales and Product Marketing
Luna Innovations Incorporated (NASDAQLUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of two new members of its senior leadership team.
Luna Innovations Retains Industry Veterans to Lead Strategy, Operations and Finance
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has retained senior executives and industry veterans Alex Davern and Kevin Ilcisin as consultants to provide strategic advice and counsel with respect to the Company’s operations and strategy. Mr. Davern and Mr. Ilcisin will report to Richard Roedel, the Company’s Interim Executive Chairman and Interim President. The Company has also appointed finance executive John Roiko as Chief Financial Officer to succeed George Gomez-Quintero, who notified the Company on April 29, of his resignation from his position, which became effective today.
Luna Innovations Announces Restatement of Financial Statements
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that its Audit Committee of the Board of Directors (the “Audit Committee”), after consultation with the Company’s management and the Special Committee’s external legal and financial advisors, determined that its financial statements for the fiscal year ended December 31, 2022, and the interim periods ended March 31, 2022, June 30, 2022, and September 30, 2022 and March 31, 2023, cannot be relied upon and need to be restated due to identified accounting errors relating to revenue recognition. Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other Company communications describing the Company’s financial results or other financial information relating to the fiscal year ended December 31, 2022, should no longer be relied upon.
By Luna Innovations Incorporated · Via Business Wire · April 19, 2024
Luna Innovations Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written notice (the “Notice”) on April 2, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-K for the year ended December 31, 2023 (the "Form 10-K"), it is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
By Luna Innovations Incorporated · Via Business Wire · April 8, 2024
Luna Innovations Announces CEO Transition
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, 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 (the “Board”), leaving the Company after 21 years, including the last seven as President and Chief Executive Officer. The Board has initiated a search for a new President and Chief Executive Officer with the support of a leading international search firm.
By Luna Innovations Incorporated · Via Business Wire · March 25, 2024
Luna Innovations to Delay Release of Fourth Quarter and Full Year 2023 Financial Results
Luna Innovations Incorporated (NASDAQLUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced it will delay the release of its fourth quarter and fiscal year 2023 financial results and the subsequent conference call.
By Luna Innovations Incorporated · Via Business Wire · March 12, 2024
Luna to Present at Needham Growth Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that 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. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham134/luna/2252448. A replay of the presentation will be available following the event. Management will also conduct meetings with investors throughout the conference. To arrange a meeting, please contact conferences@needhamco.com.
By Luna Innovations Incorporated · Via Business Wire · January 11, 2024
Luna Announces $50 Million Strategic Investment from White Hat Capital Partners
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced a $50 million investment by White Hat Capital Partners (“White Hat”), an investment firm focused on sustainable value creation in technology companies serving mission-critical applications.
By Luna Innovations Incorporated · Via Business Wire · December 21, 2023
Luna Acquires Silixa
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced the strategic acquisition of Silixa, a UK-based leader in distributed fiber optic sensing solutions. The acquisition further propels Luna’s position in the fiber optic sensing market, adding capabilities in distributed acoustic sensing (DAS), distributed temperature sensing (DTS) and distributed strain sensing (DSS) that offer enhanced performance for applications in energy, natural environments, mining and defense.
By Luna Innovations Incorporated · Via Business Wire · December 21, 2023
Luna Secures Large, Multi-Unit Follow-on Order Under Agreement with Northrop Grumman
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that it 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. The order was placed under the auspices of the multi-year agreement the company announced last December.
By Luna Innovations Incorporated · Via Business Wire · December 7, 2023
Commissioning Finalized on World’s Largest Fiber Optic-based Infrastructure Monitoring System
The operator of the Trans-Anatolian Natural Gas Pipeline (TANAP) commissioned the largest gas pipeline and fiber-optic monitoring solution ever installed to ensure transcontinental gas supply from Azerbaijan to the EU.
By Luna Innovations Incorporated · Via Business Wire · November 29, 2023
Luna Innovations Reports Third Quarter 2023 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and nine months ended September 30, 2023.
By Luna Innovations Incorporated · Via Business Wire · November 14, 2023
Luna Polarization Control Technology Enables Growth of Hyperscale Data Centers
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced a large contract in support of a major technology provider’s hyperscale data centers. The provider will employ Luna’s polarization control technology to help improve the accuracy of tests it performs on components it installs in its data centers.
By Luna Innovations Incorporated · Via Business Wire · November 9, 2023
Luna Announces Third-Quarter 2023 Financial Release Date of November 14, 2023
Roanoke, VA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQLUNA) announced today it 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.  Following the release, Scott Graeff, President and Chief Executive Officer; George Gomez-Quintero, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 8:30 a.m. Eastern to discuss the third-quarter 2023 earnings results.
By Luna Innovations Incorporated · Via GlobeNewswire · November 3, 2023
Luna Innovations Names George Gomez-Quintero as Chief Financial Officer
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, announced that 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. As a member of the company’s executive team, he will report to President and CEO Scott A. Graeff.
By Luna Innovations Incorporated · Via Business Wire · October 17, 2023
Luna Provides Advanced Roadway Incident Detection for Major Department of Transportation
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, announces its continued successful application of fiber optic sensing-based traffic monitoring with a recent deployment for the state of Utah Department of Transportation (DOT). The Luna traffic monitoring solution provides accurate and timely information across both urban and rural roadways. The unique and cost-effective system is capable of determining average traffic speed, detecting slow or stopped traffic, and estimating journey times between set locations.
By Luna Innovations Incorporated · Via Business Wire · October 3, 2023
Luna Wins Contract for Mine Conveyor Belt Monitoring in South Africa
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, won a large contract to provide heat detection monitoring of 40 kilometers of conveyor belt in 11 South African mines. Luna’s contract is with a leading South African provider of risk-management solutions that is providing services to the operator of the mines.
By Luna Innovations Incorporated · Via Business Wire · September 21, 2023
Luna Innovations Reports Second-Quarter 2023 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and six months ended June 30, 2023.
By Luna Innovations Incorporated · Via Business Wire · August 10, 2023
Luna Wins Major Order for THz Solutions for Battery Manufacturing
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic and Terahertz (THz)-based technology, today announced that it has won a large, new purchase order for its THz sensing solution for application in automotive electric vehicle (EV) battery production. In efforts to keep pace with the growing demand for these solutions, Luna is also announcing completion of the transfer of production of THz solutions to its Atlanta, Georgia facility where it expects to achieve four times greater capacity.
By Luna Innovations Incorporated · Via Business Wire · August 2, 2023
Luna Announces Second-Quarter 2023 Financial Release Date of August 10, 2023
Roanoke, VA, July 31, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQLUNA) announced today it will report its second-quarter financial results for the period ended June 30, 2023, at the close of the stock market on Thursday, August 10, 2023. Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 5:00 p.m. Eastern to discuss the second-quarter 2023 earnings results.
By Luna Innovations Incorporated · Via GlobeNewswire · July 31, 2023
Luna Innovations Reports Strong First-Quarter 2023 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three months ended March 31, 2023.
Luna Announces First-Quarter 2023 Financial Release Date of May 9, 2023
Roanoke, VA, April 28, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQLUNA) announced today it will report its first-quarter financial results for the period ended March 31, 2023, before the open of the stock market on Tuesday, May 9, 2023. Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 8:00 a.m. Eastern to discuss the first-quarter 2023 earnings results.
By Luna Innovations Incorporated · Via GlobeNewswire · April 28, 2023
Fiber-based monitoring systems to support major clean energy project in Northeastern United States
Luna Innovations (NASDAQLUNA), a global leader in advanced optical technology, was recently awarded a contract for power line monitoring for an innovative power generation project that will deliver clean energy to a major metropolitan area in the Northeast U.S.
By Luna Innovations Incorporated · Via Business Wire · March 22, 2023
Luna Innovations Reports Strong Fourth-Quarter and Full-Year 2022 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three months and full fiscal year ended December 31, 2022.
By Luna Innovations Incorporated · Via Business Wire · March 14, 2023
Luna Innovations Partners to Deliver Clean Energy from Largest Offshore Wind Project in the U.S.
Luna Innovations (NASDAQLUNA), a global leader in advanced optical technology, will provide monitoring services for the largest offshore wind project in the United States -- Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. The company’s EN.SURE long-range power cable sensing system will be used to monitor the wind farm’s export cable system, which will transport power to shore.
By Luna Innovations Incorporated · Via Business Wire · February 23, 2023
Luna Announces Fourth-Quarter and Full-Year 2022 Financial Release Date of March 14, 2023
Roanoke, VA, Feb. 21, 2023 (GLOBE NEWSWIRE) -- ROANOKE, VA, February 21, 2023 -- Luna Innovations Incorporated (NASDAQLUNA) announced today it will report its fourth-quarter and full-year financial results for the period ended December 31, 2022, after the close of the stock market on Tuesday, March 14, 2023.   Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 5:00 p.m. Eastern to discuss the fourth-quarter and full year 2022 earnings results and provide a business update.
By Luna Innovations Incorporated · Via GlobeNewswire · February 21, 2023
Luna to Present at Needham Growth Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that company executives will participate in the 25th Annual Needham Growth Conference in New York City, New York. Scott Graeff, President and CEO, and Brian Soller, CTO and EVP, Corporate Development, will present on Wednesday, January 11, 2023, at 9:30 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham128/luna/2256336. A replay of the presentation will be available following the event. Management will also conduct meetings with investors throughout the conference. To arrange a meeting, please contact conferences@needhamco.com.
By Luna Innovations Incorporated · Via Business Wire · January 5, 2023
Luna Secures Multi-Year Agreement with Northrop Grumman
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that it has extended its existing relationship with Northrop Grumman by securing a new multi-year, multi-million-dollar agreement. The agreement includes an initial receipt of an over $3 million incremental, multi-unit purchase order for the OBR 6200 portable backscatter reflectometer.
By Luna Innovations Incorporated · Via Business Wire · December 7, 2022
Luna to Present at Singular Research’s Best of the Uncovered Investor Conference on December 8, 2022
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 17th Annual Singular Research Best of the Uncovered Investor Conference on Thursday, December 8, 2022, in San Francisco, California. The presentation is scheduled for 8:30 a.m. PT.
By Luna Innovations Incorporated · Via Business Wire · December 1, 2022
Luna Innovations to Present at the Southwest IDEAS Investor Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 14th Annual Southwest IDEAS Conference on Wednesday, November 16, 2022, at the Westin Dallas Downtown in Dallas, TX. The company’s presentation is scheduled to begin at 12:45 p.m. CT. The presentation will be webcast and may be accessed through the conference host’s main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: http://ir.lunainc.com/. Management also will be participating in one-on-one meetings.
By Luna Innovations Incorporated · Via Business Wire · November 14, 2022
Luna Innovations Reports Strong Third-Quarter 2022 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and nine months ended September 30, 2022.
By Luna Innovations Incorporated · Via Business Wire · November 10, 2022
Luna Announces Third-Quarter 2022 Financial Release Date of November 10, 2022
Roanoke, VA, Oct. 27, 2022 (GLOBE NEWSWIRE) --
By Luna Innovations Incorporated · Via GlobeNewswire · October 27, 2022
Luna Signs Significant Contract with Intuitive Surgical
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced a new, $14.2 million contract with its long-standing partner Intuitive Surgical, Inc NASDAQ: ISRGNASDAQISRG)
By Luna Innovations Incorporated · Via Business Wire · September 22, 2022
Luna Innovations to Present at the Midwest IDEAS Investors Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 12th Annual Midwest IDEAS Conference on Thursday, August 25, 2022, at The Gwen in Chicago, IL. The company’s presentation is scheduled to begin at 10:15 a.m. CT. The presentation will be webcast and may be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://ir.lunainc.com/. Management also will be participating in one-on-one meetings.
By Luna Innovations Incorporated · Via Business Wire · August 22, 2022
Luna Innovations Reports Second-Quarter 2022 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and six months ended June 30, 2022.
By Luna Innovations Incorporated · Via Business Wire · August 11, 2022
Luna Innovations Announces $35M Debt Facility
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that it has entered into a new five-year debt facility for $35 million. The debt is provided by PNC Bank, National Association (an affiliate of PNC Financial Services Group, Inc.) NYSE: PNCNYSEPNC)
By Luna Innovations Incorporated · Via Business Wire · June 28, 2022
Luna Innovations to Present at the East Coast IDEAS Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 12th Annual East Coast IDEAS Conference on Thursday, Jun 22, 2022. The company’s presentation will be available beginning at 6:00 a.m. ET and will be accessible through the conference site at www.IDEASconferences.com. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/threepa37/luna/. Management also will be participating in virtual one-on-one meetings.
By Luna Innovations Incorporated · Via Business Wire · June 20, 2022
Luna Innovations to Present at B. Riley Securities 22nd Annual Institutional Investor Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, has been invited to participate at the B. Riley Securities 22nd Annual Institutional Conference, which is being held at the Beverly Hilton in Beverly Hills, Calif., May 25-26, 2022. Luna’s President and CEO, Scott Graeff, will present on Wednesday, May 25, 2022, at 3:00 p.m. PT. Chief Operating Officer Brian Soller will join CEO Graeff in hosting one-on-one meetings with investors throughout the day. To receive additional information, request an invitation or to schedule a one-on-one meeting, please email conference@brileyfin.com or visit the conference web site.
Luna Innovations Reports First-Quarter 2022 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three months ended March 31, 2022. The first-quarter 2022 results include two weeks of Lios, Luna's newest acquisition.
Luna Secures Follow-on Order with Lockheed Martin
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that it secured an incremental, multi-unit purchase order for the OBR 6200, portable backscatter reflectometer, through a continued relationship with Lockheed Martin.
Luna Innovations Reports Fourth-Quarter and Full-Year 2021 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three months and full fiscal year ended December 31, 2021.
By Luna Innovations Incorporated · Via Business Wire · March 14, 2022
Luna Innovations Acquires LIOS Sensing
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced it has acquired LIOS Sensing (“LIOS”), a division of NKT Photonics, a NKT A/S company (NASDAQ: NKT.CO), for €20 million in cash. LIOS is a recognized market leader in distributed fiber optic monitoring solutions for power cable, pipelines, oilfield services, security, highways, railways and industrial fire detection systems. The acquisition will further expand Luna into these high-growth markets.
By Luna Innovations Incorporated · Via Business Wire · March 14, 2022
Luna Announces Sale of Luna Labs
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced it has divested its Luna Labs division in a transaction valued at approximately $21 million. The investment was led by the executive management team at Luna Labs with support from two private equity firms, Mereo Capital Partners and Point Lookout Capital Partners. Under the terms of the sale, Luna will retain a less than five percent minority equity ownership interest in this new company.
By Luna Innovations Incorporated · Via Business Wire · March 14, 2022
Luna Innovations to Present at Needham Virtual Growth Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will present at the 24th Annual Needham Virtual Growth Conference on Friday, January 14, 2022, at 9:15 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham116/luna/2252448. A replay of the presentation will be available following the event. Management also will be participating in virtual one-on-one meetings. To arrange a meeting, please contact conferences@needhamco.com.
By Luna Innovations Incorporated · Via Business Wire · January 11, 2022
Luna Innovations Reports Third-Quarter 2021 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and nine months ended September 30, 2021.
By Luna Innovations Incorporated · Via Business Wire · November 15, 2021
Luna Innovations to Present at Needham Virtual Security, Networking, & Communications Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will present at the Needham Virtual Security, Networking, & Communications Conference on Tuesday, November 16, 2021, at 8:45 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham112/luna/2247264. A replay of the presentation will be available following the event. Management also will be participating in virtual one-on-one meetings. To arrange a meeting, please contact conferences@needhamco.com.
By Luna Innovations Incorporated · Via Business Wire · November 10, 2021
NACD Recognizes Board Director Barry Phelps As Most Influential Corporate Director and Governance Expert
Luna Innovations Incorporated (NASDAQLUNA) today announced that Barry Phelps, a member of its Board of Directors, has been named to the 2021 National Association of Corporate Directors (“NACD”) Directorship 100, which highlights the most influential leaders in corporate governance. Mr. Phelps has served on Luna’s Board of Directors for four years and has extensive experience in financial management roles and executive and Board service experience in technology-related industries.
By Luna Innovations Incorporated · Via Business Wire · September 2, 2021
Luna Innovations Reports Second-Quarter 2021 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three and six months ended June 30, 2021.
By Luna Innovations Incorporated · Via Business Wire · August 9, 2021
Luna Innovations to Present at Oppenheimer Virtual Technology Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will present at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on Tuesday, August 10, 2021, at 9:55 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/oppenheimer15/luna/2781216. A replay of the presentation will be available following the event. Management also will be participating in virtual one-on-one meetings.
By Luna Innovations Incorporated · Via Business Wire · August 5, 2021
Luna Innovations Adds More Bench Strength
Luna Innovations Incorporated (NASDAQLUNA) today announced that Bhaskar Banerjee has been hired into a newly created position of Senior Vice President and Head of Strategy, effective immediately. Reporting directly to Luna President and CEO, Scott A. Graeff, Banerjee will be a key member of the executive leadership team. In this role, Banerjee, a technology executive with more than twenty years of experience in the semiconductor industry, will lead long-term planning, business and corporate development, and strategic investments, including acquisitions and divestitures. He will work closely with senior leaders to identify, analyze and resolve business challenges and explore strategic opportunities and partnerships focused on new sources of growth and long-term value creation as Luna continues to pursue its vision to “Enable the Future with Fiber”.
By Luna Innovations Incorporated · Via Business Wire · June 21, 2021
Luna Innovations to Present at Stifel Virtual Cross Sector Insight Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will present at the Stifel 2021 Virtual Cross Sector Insight Conference on Tuesday, June 8, 2021, at 4:40 p.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/stifel47/luna/2096928. A replay of the presentation will be available following the event. Management also will be participating in virtual one-on-one meetings. To arrange a meeting, please contact StifelCorporateEvents@stifel.com.
Luna Innovations to Present at Needham Virtual Technology and Media Conference
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will present at the 16th Annual Needham Virtual Technology and Media Conference on Thursday, May 20, 2021, at 11:45 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna’s website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham108/luna/2253744. A replay of the presentation will be available following the event. Management also will be participating in virtual one-on-one meetings. To arrange a meeting, please contact conferences@needhamco.com.
Luna Innovations Reports First-Quarter 2021 Results
Luna Innovations Incorporated (NASDAQLUNA), a global leader in advanced optical technology, today announced its financial results for the three months ended March 31, 2021.
Luna Innovations Names Brian Soller Chief Operating Officer
Luna Innovations Incorporated (NASDAQLUNA) today announced that Brian J. Soller has been appointed as the company’s new Chief Operating Officer (COO), effective immediately. Soller will support President and CEO, Scott A. Graeff, in developing the company’s strategy and executing Luna’s vision to “Enable the Future with Fiber”. In this new position, Soller will play a crucial role in developing and implementing the company’s strategic plan, including a focus on optimizing operational efficiency to continue to drive sustainable, profitable growth.
By Luna Innovations Incorporated · Via Business Wire · April 28, 2021