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Technology Stocks
Luna Innovations, Inc. (LUNA)
An SI Board Since June 2006
Posts SubjectMarks Bans Symbol
29 7 0 LUNA
Emcee:  Glenn Petersen Type:  Unmoderated
Luna Innovations, Inc. (LUNA) went public on Friday, raising $21 million through the sale of 3.5 million shares at $6 per share. This was down considerably from the $57.5 million that the company was looking to raise when it filed its initial S-1 on February 10, 2006. When the deal was first priced on April 28, the company was still hoping to sell 4 million shares in the price range of $11 to $13 per share.

They should have taken this company public a year ago. The company had a disappointing 2005 (revenues from product sales and licensing agreements dried up), followed by a disappointing first quarter in 2006. I am not suggesting that the stock is a buy at current levels. It is, however, a company with an interesting business plan that bears watching. Eventually, the nanotechnology sector will heat up again.

From the S-1:

Overview

We research, develop and commercialize innovative technologies in two primary areas: molecular technology solutions and sensing solutions. We have a disciplined and integrated business model that is designed to accelerate the process of bringing new and innovative products to market. We identify technologies that can fulfill identified market needs and then take these technologies from the applied research stage through commercialization in our two areas of focus:

Molecular Technology Solutions. We develop molecular technology solutions, which are substances and materials with enhanced performance characteristics obtained by harnessing chemical, physical and biological properties of novel combinations of matter. We focus on substances and materials at the molecular level, including nanomaterials, which are materials whose size can be measured in nanometers, or one billionth of a meter. Examples of our solutions in this area include flame retardants, protective coatings, and materials that can help physicians identify diseased tissues using magnetic resonance imaging, or MRI.

Sensing Solutions. We develop integrated sensing solutions, which are products that combine sensors, software and hardware to measure, monitor and control chemical, physical and biological properties. We have particular expertise in optical, acoustic and wireless technologies. Examples of our solutions in this area include medical monitoring products and industrial instrumentation for aerospace, energy generation and distribution, and defense applications.

We have a successful track record in executing our market-driven business model. Since our inception, we have developed more than a dozen products serving various industries including energy, telecommunications, life sciences and defense. We have created five companies in our areas of focus, sold two of them to industry leaders in their fields, raised private capital for two of our companies, formed one joint venture and entered into four licensing agreements.

SEC filings:

sec.gov

Company website:

lunainnovations.com
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ReplyMessage PreviewFromRecsPosted
29Earnings tomorrow 3-11-21Simprofié-March 10
28The fiber optic strain gauge and their other sensor technology is fascinating, ISimprofié-February 25
279:05 am Luna Innovations sells its shape-sensing technology for medical applicatGlenn Petersen-1/22/2014
26LUNA is up 50% this morning: 9:04AM Luna Innovations Announces multi-year agreeGlenn Petersen-7/8/2013
25I have not seen any evidence of a proxy fight, except for the fact that the compGlenn Petersen-4/18/2011
24The speculation of a buyout or merger is picking up with some of the holders whoTom Shutters-4/18/2011
23The stock had actually doubled at one point yesterday. A big move for one press Glenn Petersen-4/1/2011
22With the small float this is an exciting stock to trade. As the relationship witTom Shutters-4/1/2011
21Up big this morning: <b>InPlay</b> 9:54AM Luna Innovations and IntuGlenn Petersen-3/31/2011
20<b>InPlay</b> 9:01AM Luna Innovations' largest investor exchangeGlenn Petersen-1/14/2010
19LUNA closed at $4.44 today. <b>Luna Innovations Emerges from Chapter 11 RGlenn Petersen-1/12/2010
18Great trade. The company seemed confident that it could reach an acceptable resoGlenn Petersen-12/14/2009
17I bought this one a few days ago because I liked the chart and it's reactionTom Shutters-12/14/2009
16[t]LUNA[/t] was up $.65 in after hours trading: <b>Luna Innovations and HGlenn Petersen-12/11/2009
15photonicsonline.comTom Shutters-12/10/2009
14[t]LUNA[/t] may be close to a settlement on the judgement that drove it into ChaGlenn Petersen-10/9/2009
13Luna, seriously wounded by a $36 million jury verdict files for Chapter 11 proteGlenn Petersen-7/17/2009
12[t]LUNA[/t] has suffered a major legal setback: <b>Luna Innovations AnnouGlenn Petersen-4/22/2009
11Another bad year for [t]LUNAA[/t]: <b>Luna Innovations Reports Fourth QuaGlenn Petersen-3/5/2009
10<b>Luna Works with the National Institutes of Health Exploring New DiagnosGlenn Petersen-11/30/2007
9LUNA is currently up $1.05 to $4.80 (it was as high as $5.35 this morning) on neGlenn Petersen-6/14/2007
8LUNA up 60% this morning on news that the FDA has approved a blood circuit monitGlenn Petersen-5/21/2007
7<b>Luna Innovations Awarded $4 Million in Air Force Nanotechnology ContracGlenn Petersen-1/22/2007
6<b>Luna Innovations Reports Third Quarter 2006 Results</b> Monday NGlenn Petersen-11/12/2006
5LUNA warn and the stock gets hammered. <b>Luna Innovations Announces FinaGlenn Petersen-9/8/2006
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