Associated tags: Telecommunications, Cryptocurrency, Bank statement, LUNA, News
Locations: ROANOKE, VA, US, TEXAS, TX, UNITED STATES, NORTH AMERICA, VIRGINIA
Retrieved on:
Thursday, December 7, 2023
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Arms industry 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-unit, multi-million dollar order for its OBR 6200 portable backscatter reflectometer.
Key Points:
- 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-unit, multi-million dollar order for its OBR 6200 portable backscatter reflectometer.
- The order was placed under the auspices of the multi-year agreement the company announced last December .
- As Luna has reported previously, the OBR 6200 instrument is included with the sustainment equipment when F-35s are deployed globally.
- Luna anticipates opportunities to accelerate revenue as Northrop Grumman and the industry continues its recovery from COVID and expands into advanced air mobility, hypersonics, electric propulsion, and hydrogen-powered aircraft.
Retrieved on:
Wednesday, November 29, 2023
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Petroleum The operator of the Trans-Anatolian Natural Gas Pipeline (TANAP) commissioned the largest gas pipeline and fiber-optic monitoring solution ever installed to ensure transcontinental gas supply from Azerbaijan to the EU.
Key Points:
- The operator of the Trans-Anatolian Natural Gas Pipeline (TANAP) commissioned the largest gas pipeline and fiber-optic monitoring solution ever installed to ensure transcontinental gas supply from Azerbaijan to the EU.
- “Our fiber optic monitoring system is processing a vast amount of data on a daily basis, providing simple outputs to the pipeline operator with high reliability,” said Scott Graeff, President and CEO of Luna.
- The system also monitors the acoustic and thermal properties of gas leaks, providing rapid detection with highly accurate localization.
- As another part of the project, Luna’s distributed fiber-optic monitoring system has provided perimeter security for the pipeline’s block-valve stations, to also provide above-ground facility protection along the entire route.
Retrieved on:
Tuesday, November 14, 2023
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Cryptocurrency Revenue for the nine months ended September 30, 2023 increased 9% compared to the prior-year period.
Key Points:
- Revenue for the nine months ended September 30, 2023 increased 9% compared to the prior-year period.
- Adjusted EPS was $0.11 for the nine months ended September 30, 2023, compared to $0.12 for the nine months ended September 30, 2022.
- Adjusted EBITDA was $7.8 million for the nine months ended September 30, 2023, compared to $7.5 million for the nine months ended September 30, 2022.
- As previously announced, Luna will conduct an investor conference call at 8:30 am (ET) today, November 14, 2023, to discuss its financial results for the three and nine months ended September 30, 2023.
Retrieved on:
Thursday, November 9, 2023
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Information technology Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced optical technology, today announced a large contract in support of a major technology provider’s hyperscale data centers.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced optical technology, today announced a large contract in support of a major technology provider’s hyperscale data centers.
- The provider will employ Luna’s polarization control technology to help improve the accuracy of tests it performs on components it installs in its data centers.
- “Our technology was selected for its ability to identify and eliminate factors impeding speed and efficiency in these hyperscale data centers,” said Scott Graeff, President and CEO of Luna.
- Where typical data centers support hundreds of servers, hyperscale data centers support thousands.
Roanoke, VA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the period ended September 30, 2023, before the open of the stock market on Tuesday, November 14, 2023.
Key Points:
- Roanoke, VA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the period ended September 30, 2023, before the open of the stock market on Tuesday, November 14, 2023.
- Following the release, Scott Graeff, President and Chief Executive Officer; George Gomez-Quintero, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 8:30 a.m. Eastern to discuss the third-quarter 2023 earnings results.
- Participants should ask to join the Luna Innovations Incorporated conference call, conference ID 6862329, and are advised to dial in at least fifteen minutes prior to the call.
- The webcast will be archived on the company’s website under “Webcasts and Presentations” for 30 days following the conference call.
Retrieved on:
Tuesday, October 17, 2023
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Finance Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announced that George Gomez-Quintero is joining the company as Chief Financial Officer (CFO) today.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announced that George Gomez-Quintero is joining the company as Chief Financial Officer (CFO) today.
- Mr. Gomez-Quintero will lead Luna’s Finance organization and represent Luna in communications with investors, lenders and rating agencies.
- Prior to Intelsat, Gomez-Quintero was the Chief Operating Officer at JSI, a leader in broadband solutions and consulting.
- He was instrumental in implementing financial systems for Luna and helping us strengthen our bench of financial talent,” Graeff said.
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Amusement park Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announces its continued successful application of fiber optic sensing-based traffic monitoring with a recent deployment for the state of Utah Department of Transportation (DOT).
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announces its continued successful application of fiber optic sensing-based traffic monitoring with a recent deployment for the state of Utah Department of Transportation (DOT).
- The Luna traffic monitoring solution provides accurate and timely information across both urban and rural roadways.
- Along with its partner Dura-Line, a leading conduit manufacturer, Luna commissioned its traffic monitoring and incident detection solution on pre-existing fiber laid along Utah’s Big and Small Cottonwood canyons.
- “Advanced traffic monitoring systems are becoming increasingly import in order to keep traffic flowing safely on our roads and highways,” said Scott Graeff, Luna Innovations’ President and CEO.
Retrieved on:
Thursday, September 21, 2023
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African Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, won a $1 million USD contract to provide heat detection monitoring of 40 kilometers of conveyor belt in 11 South African mines.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, won a $1 million USD contract to provide heat detection monitoring of 40 kilometers of conveyor belt in 11 South African mines.
- The LIOS DE.TECT linear heat detection system can monitor up to 10 km of conveyor belt and provides fast and accurate information about overheating before a fire develops.
- Conveyor belt issues are the leading source of fires and operational disturbances in the mining industry.
- After reviewing numerous fire detection and prevention technologies, AASYS approved the DE.TECT system for heat detection in tunnels as well as conveyor belt malfunction detection.
Retrieved on:
Wednesday, August 16, 2023
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 14th Annual Midwest IDEAS Conference on Thursday, August 24, 2023, at The Gwen in Chicago, IL.
Key Points:
- Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 14th Annual Midwest IDEAS Conference on Thursday, August 24, 2023, at The Gwen in Chicago, IL.
- The company’s presentation is scheduled to begin at 2:40 p.m. CT.
- The presentation will be webcast and may be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://ir.lunainc.com/ .
- Management will also be participating in one-on-one meetings.
Retrieved on:
Thursday, August 10, 2023
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Cryptocurrency Revenues for the six months ended June 30, 2023 increased 11% compared to the prior-year period.
Key Points:
- Revenues for the six months ended June 30, 2023 increased 11% compared to the prior-year period.
- Adjusted EPS was $0.04 for the six months ended June 30, 2023, compared to $0.02 for the six months ended June 30, 2022.
- Adjusted EBITDA was $3.6 million for the six months ended June 30, 2023, compared to $2.9 million for the six months ended June 30, 2022.
- As previously announced, Luna will conduct an investor conference call at 5:00 pm (ET) today, August 10, 2023, to discuss its financial results for the three and six months ended June 30, 2023.
