This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Luna's ODiSI (Photo: Luna Innovations Incorporated)

Luna Innovations Incorporated (NASDAQ: LUNA), today announced the launch of the ODiSI (Optical Distributed Sensor Interrogator) instrument, the new sensing platform which will be marketed and sold under the company’s test and measurement equipment brand name Luna Technologies.

Luna's ODiSI (Photo: Luna Innovations Incorporated)

Luna's ODiSI (Photo: Luna Innovations Incorporated)

The new sensing product provides fully distributed strain or temperature measurements, delivering an unprecedented amount of data by using optical fiber as a continuous sensor. Luna’s revolutionary technology provides greater insight into the performance, tolerances, and failure mechanisms of structures and vehicles. The ODiSI product provides advantages to industries where high density strain or temperature measurements are required for structural or mechanical testing such as aerospace, automotive, energy, and other composites industries. Applications include design and model verification, design improvement, structural health monitoring, and performance optimization.

Fiber optic sensor technology is being utilized more widely as demands for lighter, stronger, and safer structures continue to increase. Harnessing the most advanced fiber optic sensing technology, the ODiSI instrument provides a sensing solution that is rich in data content, lightweight, robust, easy to install, and does not require expensive Fiber Bragg grating fiber. Luna’s solution gathers strain or temperature data along the entire surface under test and allows users the ability to redefine sensing points in post processing; these features are not available with traditional static point sensors.

“We are very excited about the announcement of our new sensing product,” said Luna’s CEO, My Chung. “We believe the ODiSI will raise the bar for test and measurement standards across multiple industries and enable our customers to optimize mechanical designs, decrease maintenance, and deliver next generation products.”

Highlights of the ODiSI instrument include:

  • Easily deployed, inexpensive, disposable sensors
  • 1000s of sensing points in a single fiber sensor with a single instrument
  • Fiber is lightweight, requires no extra wiring, and is immune to EMI/RF interference
  • Simultaneous strain and temperature measurement with a single fiber sensor
  • Re-process sensor data at a later time with more/different sensing points

Additional information about the Optical Distributed Sensor Interrogator product is available on Luna Technologies’ web site at www.lunatechnologies.com.

About Luna Innovations:

Luna Innovations Incorporated ( www.lunainnovations.com) is focused on sensing and instrumentation. Luna develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. The company’s products are used to measure, monitor, protect and improve critical processes in the markets we serve. Luna, a recognized leader in transitioning science to solutions, is headquartered in Roanoke, Virginia.

Forward Looking Statements:

This release includes information that constitutes “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements regarding, but not limited to: product capabilities, infrastructure deployment, technological attributes, advantages and applications, and customer use. Statements that describe the company’s business strategy, goals, prospects, opportunities, outlook, plans or intentions are also forward looking statements. Actual results may differ materially from the expectations expressed in such forward-looking statements as a result of various factors, including technological challenges in specific applications and risks and uncertainties set forth in the company’s periodic reports and other filings with the Securities and Exchange Commission. Such filings are available at the SEC’s website at http://www.sec.gov, and at the company’s website at http://www.lunainnovations.com. The statements made in this release are based on information available to the company as of the date of this release and Luna Innovations undertakes no obligation to update any of the forward-looking statements after the date of this release.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6817751&lang=en



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs