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LUNA INNOVATIONS INCORPORATED (NASDAQ:LUNA) Files An 8-K Other Events

LUNA INNOVATIONS INCORPORATED (NASDAQ:LUNA) Files An 8-K Other EventsItem 8.01 Other Events>

On April 9, 2017, Luna Innovations Incorporated (“Luna”) accepted the resignation of Robin Risser as general manager of its Picometrix business unit. Mr. Risser’s resignation was for personal reasons unrelated to the operations of Luna.
Mr. Risser was one of the founders of Picometrix, LLC in 1992 and has led the operations of that business since its founding as well as serving as chief operating officer of Advanced Photonix, Inc. (“API”) from 2005 until its merger with Luna in 2015. Luna thanks Mr. Risser for his many contributions to the successes of Picometrix, API and Luna over the past 25 years of dedicated service.
Luna will undertake a search for a replacement general manager for the Picometrix operations. In the interim, Scott Graeff, Luna’s Chief Strategy Officer, will fill the role until the permanent replacement is identified.
About LUNA INNOVATIONS INCORPORATED (NASDAQ:LUNA)
Luna Innovations Incorporated develops, manufactures and markets fiber optic sensing and test, and measurement products. The Company is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries. The Company operates in two business segments: Products and Licensing, and Technology Development. The Products and Licensing segment develops, manufactures and markets its suite of products, including high-speed optical receiver (HSOR), custom optoelectronic subsystems (Optoelectronics), and Terahertz (THz) products, and fiber optic sensing, as well as test and measurement products. The Technology Development segment performs applied research principally in the areas of sensing and instrumentation, advanced materials and health sciences. The Company’s HSOR transmission products are deployed in the Internet communications equipment infrastructure for high-speed bandwidth. LUNA INNOVATIONS INCORPORATED (NASDAQ:LUNA) Recent Trading Information
LUNA INNOVATIONS INCORPORATED (NASDAQ:LUNA) closed its last trading session down -0.03 at 1.71 with 35,931 shares trading hands.
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