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.
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.
With increasing deterioration of civil infrastructure around the world, rapid setting epoxy concrete resins offer an attractive emerging technology for maintaining roadways, bridges, and commercial buildings. Luna's high-definition fiber optic monitoring is enabling key measurements for physical attributes such as strain and temperature to quantify fatigue life characterization.
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.
High-definition distributed sensing (HD-FOS), combined with rugged Nerve-Sensors, tackle the challenge of detecting cracks and monitoring the structural health of bridges and critical infrastructure assets. Learn more about this solution for structural preventative and monitoring efforts.