Significant Multi-Unit Purchase Order for F-35

Executes on strategy of long-term, recurring sales

Luna Innovations along with our partner, Fabrisonic LLC, recently demonstrated SensePipe. SensePipe combines high-definition fiber optic sensors embedded into a section of piping using Ultrasonic Additive Manufacturing technology allowing engineers to better understand fluid flow and the structural health of the piping in rocket propulsion systems.

Luna Innovations Incorporated (NASDAQ: LUNA), 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.

Cyber attacks on sensitive data are increasing at an alarming rate with the annual cost of cybercrime reaching $10.5 trillion by 2025. In this environment, ultra-secure communication links are needed more than ever. Quantum communication technology is positioned to solve this problem.

Through continuous monitoring of stress, strain, cracks, displacement, tilt and vibration, fiber optic sensing systems can provide advanced warning of growing structural problems and reduce the risk of failure. By leveraging the many benefits of fiber optic sensing, these systems can remotely monitor critical structures affordably and reliably.

Luna announced an important partnership between its OptaSense business and Liberty Oilfield Services. The strategic partnership is introducing FracSense^TM, a diagnostic service to help engineering professionals at our oil & gas customers acquire more accurate diagnostic information, ultimately leading to optimized hydrocarbon production.

Luna announced that it has successfully designed, qualified, and built the RIO® narrow-linewidth semiconductor laser to be used in NASA's Navigation Doppler LiDAR system to safely land the next man and first woman on the moon in 2024.

Luna technology was used by an international team of astronomers who just measured Jupiter’s raging stratospheric winds for the very first time—and they used a 27-year-old comet to do it.

The recent release of Version 2.3.0 of the ODiSI application software continues the ongoing improvements in performance and functionality of the ODiSI high-definition distributed fiber optic sensing platform.

In celebration of Earth Day this month, Luna is recognizing our Terahertz sensors and solutions including Luna’s T-Ray product.

Luna has expanded the capabilities of the HYPERION fiber optic sensing platform with the addition of a family of high-temperature multipoint probes ideal for industrial applications.

OptaSense Products Deliver Clearer Picture of the Reservoir with Fiber-Optics

Integrated sensing system improves safety of mining operations.

BAE Systems Rewards Luna with the Gold Tier Supplier Recognition.