Luna Innovations and Hansen Medical Expand Development Work

Luna Innovations Incorporated LUNA announced today that it will expand its product development efforts under its development and supply agreement with Hansen Medical, Inc., to continue integrating Luna's shape sensing technology into Hansen's medical robotic products. In December 2009, Luna and Hansen entered into a multi-year development and supply agreement in which Luna would supply and license its fiber optic shape sensing technology for integration into Hansen's medical devices. Hansen, a global leader in flexible robotics, develops products and technology using robotics for the accurate positioning, manipulation and control of catheters and catheter based technologies. Luna and Hansen are amending the agreement to increase the development budget and expand the scope of the development work. "The expansion of our agreement with Hansen reflects our continued dedication and focus on developing our shape sensing technology to enhance medical procedures,” said My Chung, president and chief executive officer of Luna Innovations. “We remain committed to achieving the best outcome for patients and strive to deliver solutions and enhance medical procedures that help save lives.”