LUNA - Luna Innovations Incorporated Message Board

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Technology Stocks : LUNA - Luna Innovations Incorporated

LUNA 1.750

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Oct 31 9:30 AM EDT

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From: jmhollen	2/19/2006 5:01:12 PM
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The company, Luna Innovations Incorporated, filed an S-1 two weeks ago. According to its prospectus, “We research, develop and commercialize innovative technologies in two primary areas: molecular technology solutions and sensing solutions. We have a disciplined and integrated business model that is designed to accelerate the process of bringing new and innovative products to market. We identify disruptive technology that can fulfill identified market needs and then take this technology from the applied research stage through commercialization in our two areas of focus” The company has focused some of its efforts on the development of “environmentally sound” flame retardants, though there is no evidence that they currently have an actual flame retardant product on the market. Flame Retardants -- We are developing a proprietary flame retardants that can be mixed with other components into fire resistant composites or spray-on coatings for textiles. Originally developed to provide the U.S. Navy with fire resistant ammunition packages, our flame retardant produces a non-combustible surface under fire condition and slows heat transfer through the material. Unlike many flame retardants used today, we believe that our product is environmentally sound in both its manufacture and disposal and that it does not produce toxic fumes if it eventually burns. We plan to collaborate with a leading manufacturer and marketer of textile products to continue development of our flame retardant coating technology. sec.gov .

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