Friday, December 14, 2007

LUNA gets a contract

Luna Innovations(8.81), which I wrote about on September 6th at $3.79,and October 24th at 5.64 keeps moving up. Now I'm talking about it at $8.81. I'll keep talking about it until it gets to triple digits.
http://aaronandmoses.blogspot.com/2007/09/moon-and-luna-moths.html

http://aaronandmoses.blogspot.com/2007/10/isrg.html

Today news came out on the street that LUNA received a $4.5 million contract from the government for field programmable gate arrays (FPGA). (This news actually came out on December 6th, Wall Street only picked up on it today.)
http://blogs.spectrum.ieee.org/tech_talk/2007/12/contracts_awarded_for_darpas_t.html

The military uses chips that are made overseas. Are they secure?

The Defense Advanced Research Projects Agency (DARPA) figured out that overseas chips could be a threat, in this 118 page report.

http://www.acq.osd.mil/dsb/reports/2005-02-HPMS_Report_Final.pdf

So LUNA, will be ensuring that FPGA's will be trusted. The Pentagon only uses 1% of high performance integrated circuits (IC), when it used to use about 7% of the world's supply. And since the Pentagon is on a budget, they use COTS (commercial-off-the-shelf) components. Fabless IC production makes up about 18% of the industry, while high performance IC's are substantially higher. And nobody wants a "Trojan horse" in a defense department chip.

LUNA will help make sure that it doesn't happen.

LUNA is under followed and under appreciated. It traded as high as $10.45 today, and then pulled back. It's still a good entry point at these levels.

And here's a bit more on the company.
http://www.tcsdaily.com/article.aspx?id=120507A

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