Luna Innovations has introduced a novel business strategy to augment the revenue, which focuses on providing the latest technology solutions to monitor, measure, enhance and protect the tough processes involved in the high-growth defense, composites and medical industries.
The Board of directors of the company has approved this new corporate strategy, which mainly focuses on providing disruptive technology, which revolutionize the market, thereby making the company, a leading supplier of standard test procedures and sensing systems and fiber-optic shape by identifying technology for the composite materials as well as robotic and less invasive systems used for surgical procedures respectively.
The Luna’s optical distributed sensor interrogator system integrated with the new corporate strategy provides completely distributed strain or temperature measurements, which is delivered as unique data using the continuous optical fiber up to 50 m length. This technology ensures that tolerances, failure and performance mechanisms of the vehicles and structures are taken care of. The company will believe that this solution will ensure significant value to the high-growth composites producing industry, specifically in green energy and aerospace applications.
The company is presently maintaining the product development relationships with Hansen Medical and Intuitive Surgical for supporting the development of high-speed shape-identifying and localization of less-invasive fiber-optic surgical systems. The company’s technology will enhance the developments in less invasive and robotics surgical procedures in healthcare industry.
Source: http://www.lunainnovations.com