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 Innovations Advancing Cybersecurity Solutions

Luna Innovations Incorporated (NASDAQ: LUNA), a leading player in integrated circuits security, is the prime contractor for two programs that help to keep weapons systems trusted, safe and mission-ready.

Over the past seven years Luna has won more than $20 million in contracts related to the Defense Advanced Research Projects Agency’s (DARPA) TRUST in Integrated Circuits program, which aims to ensure the trust of integrated circuits used in military systems that are designed and fabricated under untrustworthy conditions.

Luna also is leading an effort on DARPA’s follow-on to TRUST called the Integrity and Reliability of Integrated CircuitS (IRIS) program, which seeks technologies to determine functionality and reliability of complex integrated circuits for military applications.

Luna received a three-year, $12 million contract for IRIS in September 2011.

“While we began our initial work with DARPA in 2005, it has grown into a key component of our new corporate strategy, which includes being the leading choice for integrated circuits security for weapons systems,” said My Chung, CEO of Luna Innovations. “Now, with our success in the TRUST program, we are positioned to start deploying technology that will aid in our nation’s defense.”

The company’s participation in IRIS helps to address a growing security problem, explains Barry Polakowski, vice president of secure computing and communications for Luna. “Integrated circuits are now embedded in every aspect of modern machinery, and are widely used in sophisticated military equipment. The majority of such integrated circuits are made offshore – which presents a potential risk that the parts acquired abroad will not operate only in the specified manner. Luna is proud to participate in a comprehensive program to certify that integrated circuits used in U.S. weapons systems do not contain malicious functions."

Said Chung: “TRUST and IRIS are cornerstones to integrated circuits technology, and we are pleased to play a key role in helping DARPA achieve its strategic objectives to maintain our military’s technological superiority.”

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 16,895.60 -19.47 -0.12%
S&P 500 1,962.32 -2.36 -0.12%
NASDAQ 4,402.7340 +6.53 0.15%

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