Luna signs $14.2M contract with Intuitive Surgical for supply of photonic subsystems
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Fiber-optics company Luna Innovations (NASDAQ:LUNA) on Thursday said it had entered into a $14.2M contract with its partner Intuitive Surgical (NASDAQ:ISRG) for the supply of photonic subsystems to be used in the medical device maker's robotic surgical systems.

LUNA said its PHOENIX tunable laser and line of Optical Polarization Controllers would be used to enable further production of hardware modules for ISRG's Ion robotic surgical system.
"This is a great example of how many of our products are finding a foothold in large and growing market applications such as surgical robotics, and it speaks directly to our growth potential," LUNA CEO Scott Graeff said in a statement.
LUNA stock -0.9% to $4.50 in early trading, while shares of ISRG -2.1% to $191.05.