This Day On The Street
Continue to site right-arrow
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 Recognized With Achievement Award From U.S. Army

Stocks in this article: LUNA

Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets, today announced it received the U.S. Army Small Business Innovation Research (SBIR) Achievement Award for its development of high-performance antennas for military vehicles.

Luna is one of 10 national achievement award winners and received the recognition for its accomplishments in developing antennas to be used in ground and airborne platforms. Luna, with the Georgia Tech Research Institute (GTRI), is combining specially engineered materials, unique antenna designs and inkjet printing for rapid antenna prototyping to meet the needs of the U.S. Army.

The company received the award after being evaluated on four criteria: originality and innovation of research; relevance to the Army mission; immediate commercialization potential; and overall quality performance of the project.

“Luna Innovations is already a trusted partner for the U.S. armed forces,” said My Chung, CEO of Luna Innovations. “This award further validates the value and quality we bring to the technology and products that support our men and women in uniform. We thank the U.S. Army for this prestigious award, and we look forward to continuing to develop and implement technologies that safeguard our nation.”

Luna was recognized for developing a new tool to solve a common problem in Humvees, Mine Resistant Ambush Protected (MRAP) vehicles and unmanned aerial vehicles (UAVs) – how to reduce the visibility of wideband communications antennas and improve vehicle aerodynamic performance without sacrificing performance.

Using advanced materials and computing algorithms, Luna and GTRI dramatically enhanced the antenna design, modeling, and prototyping process. These advances enabled fabrication of efficient brassboard prototypes on a very short time scale, leading to dramatic reductions in design-to-fielding time for new wideband antennas.

The modularity and cost-effectiveness of each step in the prototyping process will lead to rapid technology transfer to end-users in a wide variety of platforms. Now, brassboard prototypes of new antenna designs can be rapidly manufactured within hours or days, giving the Army the capability to fabricate and test new antenna concepts without expensive and lengthy operations. The technologies can be applied to other Department of Defense and commercial applications.

1 of 2

Select the service that is right for you!

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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