Luna Innovations Incorporated LUNA, which develops and manufactures
new-generation products for the healthcare, telecommunications, energy and
defense markets, today announced a multi-year agreement that amends its
development and supply agreement with Intuitive Surgical, Inc., ISRG, the global leader in robotically-assisted minimally invasive surgical
systems. The agreement provides for the achievement of various development
milestones through 2015.
The new agreement builds on previous work between the companies to integrate
Luna's high-speed shape-sensing technology into Intuitive's platform for
robotically-assisted minimally invasive surgery. The agreement covers the work
planned over a multi-year period so that the component representing Luna's
technology is ready to be brought to market. Under the existing development
and supply agreement, Luna is the exclusive supplier to Intuitive of these
components.
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