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0.000260919480248367 0.0227521786776601 0.064551479413453 0.0175859729687419 -0.0345979230809372 -0.0345979230809372 -0.0345979230809372 -0.0345979230809372
Stock impact report

Picometrix® Division of Luna Continues 100G Telecom Success

Luna Innovations Incorporated (LUNA) 
Last luna innovations incorporated earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.lunainc.com/investor-overview
Company Research Source: Business Wire
Enhances Relationship with Key Customer ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Picometrix® division has entered into a Vendor Managed Inventory (“VMI”) Agreement with a leading China provider of telecommunications equipment and network solutions. This agreement will integrate Picometrix more closely into the customer’s supply chain and manufacturing processes. Under the agreement, Picometrix will maintain in Hong Kong a dedicated inventory of 100G integrated coherent receivers and other future approved products, which its customer can draw into manufacturing on a “just in time” basis. “We believe that being pulled closer into the sourcing and manufacturing processes of this significant customer demonstrates a strengthening strategic relationship between our two companies,” said My Chung, president and chief executive officer of Luna. Show less Read more
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