National College has Immediate Openings for Information Systems Engineering Adjunct Instructors

Luna Innovations’ Research on Solar Cell Technology is
Published in Nature Materials

Research shows promise for organic photovoltaic solar cells as alternative energy source

(Roanoke, VA, February 11, 2009) Luna Innovations Incorporated (NASDAQ:LUNA) announces the solar cell research of scientists Dr. Claudia Cardona and Dr. Martin Drees has been published in the prestigious journal Nature Materials. The paper titled "Endohedral fullerenes for organic photovoltaic devices" presents a unique approach to enhance flexible, plastic solar cells, also known as organic photovoltaic (OPV) cells, by modifying the acceptor material rather than the donor material. The paper, which is co-authored by researchers from Georgetown University, University of California at Santa Barbara, the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Friedrich-Alexander-Universität Erlangen-Nürnberg, Germany, describes how the efficiency improvement was achieved through the use of Luna’s carbon nanomaterials.

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Luna CEO Joins VirginiaFIRST Executive Advisory Board

ROANOKE, VA, Oct. 2, 2008 – Kent Murphy, Chairman and Chief Executive Officer of Luna Innovations Incorporated, has joined the VirginiaFIRST Executive Advisory Board (EAB). FIRST: For Inspiration and Recognition of Science and Technology is a multinational non-profit organization that aspires to transform culture, making science, math, engineering and technology as cool for kids as sports are today. FIRST accomplishes its mission by designing and executing accessible, innovative robotics programs that build self-confidence, knowledge and life skills in youth.

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NextGen Aeronautics, Inc.

A California-based company will soon design, develop and build unmanned aircraft vehicles in Danville. NextGen Aeronautics is the newest tenant at the Institute for Advanced Learning & Research. The company was interested in opening an East Coast office and U.S. Rep. Virgil Goode, R-5th, encouraged officials to look at Danville.

At an announcement that drew hundreds of interested residents Thursday, NextGen representatives and Goode said the company chose Danville because of other high-tech programs already at the Institute, including the Joint Unmanned Systems Test, Experimentation and Research (JOUSTER) program, and the Advanced and Applied Polymer Processing Institute (AAPPI).

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IALR Receives $191,593 Grant for Nanoscience Training for Teachers

Danville - The Institute for Advanced Learning and Research (IALR) has received a $191,593 Congressionally-directed grant from the U.S. Department of Education to support professional development opportunities for area teachers in the field of nanotechnology. The grant, "NanoScIEnce (NanoScience Instruction for Educators): It's No Small Thing" provides funding for IALR to coordinate nanotechnology-themed workshops, seminars, summer academies, and a multi-state conference to train teachers as "best practice" experts so that their K-12 students are exposed to the emerging science of nanotechnology .

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Luna Innovations' Electronics used in Successful Demonstration Flight Test of Missile Defense Interceptors

ROANOKE, Va., Jul 17, 2008 (BUSINESS WIRE) -- Luna Innovations' (NASDAQ:LUNA) multi-year program with the Missile Defense Agency (MDA) passed a major development milestone with the announcement from MDA Director Lieutenant General Henry "Trey" Obering of the successful technology-demonstration flight test from the NASA Wallops Flights Facility, Virginia. This exercise, identified as the Next Generation Sensor Producibility flight test (NGSP-01), occurred on June 26, 2008 at 3:57 p.m. Eastern Daylight Time and successfully demonstrated the performance of emerging sensor technologies, materials, and designs that offer improvements for next-generation missile defense interceptors, or "kill vehicles".

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Charles Gause Elected President of Southern Piedmont Technology Council

ROANOKE, VA, July 16, 2008 – Charles Gause, Vice President of Corporate Development at Luna Innovations, was elected to serve as President of the Southern Piedmont Technology Council (SPTC). Charles has served on the SPTC for three years and serves on the council's Nanotechnology Committee. He has an extensive manufacturing and engineering science background and works to identify and develop technologies into market opportunities based upon Luna’s nanotechnologies. Charles was an instrumental part of the team that made the Luna nanoWorks division a reality. "I am honored to be asked to lead this important organization," said Gause. "We have a growing technology-based industry and the Council looks forward to helping establish Southern Virginia as a premier technology region within the Commonwealth."

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Luna Innovations Added to Russell Microcap IndexLuna Innovations Incorporated

ROANOKE, Va.--(BUSINESS WIRE)--July 9, 2008--(NASDAQ:LUNA), a developer of sensing, instrumentation and nanomedicine technologies and products, today announced it has been added to the Russell Microcap Index . The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It includes 1,000 of the smallest securities in the small-cap Russell 2000(R) Index based on a combination of their market cap and current index membership as well as the next 1,000 securities below the index.

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Luna Awarded $3.9M for Nanotechnology Applications in Medicine and Alternative Energy for Defense

Diagnostics, Therapeutics and Organic Solar Cell Research Contract with the Air Force Research Laboratory

ROANOKE, Va. -- (BUSINESS WIRE) -- June 19, 2008 -- Luna Innovations Incorporated (NASDAQ:LUNA) has been awarded a $3.9 million subcontract, from General Dynamics Information Technology in support of the Air Force Research Laboratory (AFRL) to continue work improving the performance of nanomaterials for military applications. In this program, Luna's product development team will evaluate prototypes using their exclusive nanomaterials applied to real-world conditions. Demonstrations of the commercial viability of proposed nanotechnologies will include diagnostics and therapeutics for military medicine and alternative energy solutions using organic solar cells.

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