Luna Innovations
Encyclopedia
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
Roanoke, Virginia
Roanoke is an independent city in the Mid-Atlantic U.S. state of Virginia and is the tenth-largest city in the Commonwealth. It is located in the Roanoke Valley of the Roanoke Region of Virginia. The population within the city limits was 97,032 as of 2010...

. Luna's products are used to measure, monitor, protect and improve processes.

Luna Technologies is a division of Luna Innovations specializing in Luna-branded products for fiber optic testing of components, modules and networks, as well as integrated optics and distributed sensing solutions. Their fiber 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 nanomedicine
Nanomedicine
Nanomedicine is the medical application of nanotechnology. Nanomedicine ranges from the medical applications of nanomaterials, to nanoelectronic biosensors, and even possible future applications of molecular nanotechnology. Current problems for nanomedicine involve understanding the issues related...

s for diagnostic and therapeutic applications using Luna's exclusive carbon nanomaterials, including the Trimetasphere
Trimetasphere
Trimetasphere carbon nanomaterials , also known as trimetallic nitride endohedral metallofullerenes, are a family of endohedral metallofullerenes . The first TMS adduct, a Diels-Alder cycloadduct of Sc3N by C80, was reported by Dorn et al. in 2002. It was not until 2005 that other derivatives were...

.

Luna's Technology Development Division works with government agencies on technology development in four core areas: sensor
Sensor
A sensor is a device that measures a physical quantity and converts it into a signal which can be read by an observer or by an instrument. For example, a mercury-in-glass thermometer converts the measured temperature into expansion and contraction of a liquid which can be read on a calibrated...

s and systems (fiber optics and ultrasonics
Ultrasonics
Ultrasonics is a term meaning the application of ultrasound. It is often used in industry as a shorthand term for any equipment employing ultrasonic principles....

); health sciences; and advanced materials including corrosion inhibitors, self-cleaning and self-healing coating
Coating
Coating is a covering that is applied to the surface of an object, usually referred to as the substrate. In many cases coatings are applied to improve surface properties of the substrate, such as appearance, adhesion, wetability, corrosion resistance, wear resistance, and scratch resistance...

s, impact indicators, flame retardant
Flame retardant
Flame retardants are chemicals used in thermoplastics, thermosets, textiles and coatings that inhibit or resist the spread of fire. These can be separated into several different classes of chemicals:...

 additives and nanomaterials; and secure computing
Secure Computing
Secure Computing Corporation, or SCC, was a public company that developed and sold computer security appliances and hosted services to protect users and data...

 using hardware-based anti-tamper technologies.

Luna Innovations was founded by an electrical engineering
Electrical engineering
Electrical engineering is a field of engineering that generally deals with the study and application of electricity, electronics and electromagnetism. The field first became an identifiable occupation in the late nineteenth century after commercialization of the electric telegraph and electrical...

 professor at Virginia Tech and was originally headquartered in Blacksburg, Virginia
Blacksburg, Virginia
Blacksburg is an incorporated town located in Montgomery County, Virginia, United States, with a population of 42,620 at the 2010 census. Blacksburg, Christiansburg, and Radford are the three principal jurisdictions of the Blacksburg-Christiansburg-Radford Metropolitan Statistical Area which...

. It moved its headquarters to Roanoke in September 2006. Luna Innovations has four locations across Virginia: Blacksburg, Roanoke, Danville
Danville, Virginia
Danville is an independent city in Virginia, United States, bounded by Pittsylvania County, Virginia and Caswell County, North Carolina. It was the last capital of the Confederate States of America. The Bureau of Economic Analysis combines the city of Danville with Pittsylvania county for...

 and Charlottesville
Charlottesville, Virginia
Charlottesville is an independent city geographically surrounded by but separate from Albemarle County in the Commonwealth of Virginia, United States, and named after Charlotte of Mecklenburg-Strelitz, the queen consort of King George III of the United Kingdom.The official population estimate for...

.

Two companies developed from Luna Innovations have been sold to other companies. Luna Energy, which developed pipeline
Pipeline transport
Pipeline transport is the transportation of goods through a pipe. Most commonly, liquids and gases are sent, but pneumatic tubes that transport solid capsules using compressed air are also used....

 monitoring sensors for the oil and gas industry, was acquired by oil field services firm Baker Hughes
Baker Hughes
Baker Hughes Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes operates in over 90 countries worldwide mainly based in countries with a mature petroleum industry as is...

. 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.

Luna Innovations had an initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 in June 2006 with the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

trading symbol LUNA.

External links

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