Luna Innovations advancing cybersecurity solutions
17 Abril 2012 - 10:45AM
Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA), a leading player
in integrated circuits security, is the prime contractor for two
programs that help to keep weapons systems trusted, safe and
mission-ready.
Over the past seven years Luna has won more than $20 million in
contracts related to the Defense Advanced Research Projects
Agency’s (DARPA) TRUST in Integrated Circuits program, which aims
to ensure the trust of integrated circuits used in military systems
that are designed and fabricated under untrustworthy
conditions.
Luna also is leading an effort on DARPA’s follow-on to TRUST
called the Integrity and Reliability of Integrated CircuitS (IRIS)
program, which seeks technologies to determine functionality and
reliability of complex integrated circuits for military
applications.
Luna received a three-year, $12 million contract for IRIS in
September 2011.
“While we began our initial work with DARPA in 2005, it has
grown into a key component of our new corporate strategy, which
includes being the leading choice for integrated circuits security
for weapons systems,” said My Chung, CEO of Luna Innovations. “Now,
with our success in the TRUST program, we are positioned to start
deploying technology that will aid in our nation’s defense.”
The company’s participation in IRIS helps to address a growing
security problem, explains Barry Polakowski, vice president of
secure computing and communications for Luna. “Integrated circuits
are now embedded in every aspect of modern machinery, and are
widely used in sophisticated military equipment. The majority of
such integrated circuits are made offshore – which presents a
potential risk that the parts acquired abroad will not operate only
in the specified manner. Luna is proud to participate in a
comprehensive program to certify that integrated circuits used in
U.S. weapons systems do not contain malicious functions."
Said Chung: “TRUST and IRIS are cornerstones to integrated
circuits technology, and we are pleased to play a key role in
helping DARPA achieve its strategic objectives to maintain our
military’s technological superiority.”
About Luna Innovations
Luna Innovations Incorporated (www.lunainnovations.com) focuses
on sensing and instrumentation. Luna develops and manufactures
new-generation products for the healthcare, telecommunications,
energy and defense markets. The company's products are used to
measure, monitor, protect and improve critical processes in the
markets it serves. Through its disciplined commercialization
business model, Luna has become a recognized leader in
transitioning science to solutions.
Forward Looking Statements
This release includes information that constitutes
“forward-looking statements” made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995,
including statements regarding, but not limited to: product
capabilities, market acceptance, technological attributes,
advantages and applications, and customer use. Statements that
describe the company’s business strategy, goals, prospects,
opportunities, outlook, plans or intentions are also
forward-looking statements. Actual results may differ materially
from the expectations expressed in such forward-looking statements
as a result of various factors, including technological challenges
in specific applications and risks and uncertainties set forth in
the company’s periodic reports and other filings with the
Securities and Exchange Commission. Such filings are available at
the SEC’s website at http://www.sec.gov, and at the company’s
website at http://www.lunainnovations.com. The statements made in
this release are based on information available to the company as
of the date of this release and Luna Innovations undertakes no
obligation to update any of the forward-looking statements after
the date of this release.
Luna Innovations (NASDAQ:LUNA)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Luna Innovations (NASDAQ:LUNA)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024