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Home > News > Living on a bootstrap budget, Luna is proud parent to five spinoffs

April 19th, 2004

Living on a bootstrap budget, Luna is proud parent to five spinoffs

It was a fine day for Luna Innovations last week, when the business incubator opened a manufacturing plant in Danville, Va., to make nanoparticles for its latest spinoff. The company plans to put $6.5 million into the project and ultimately hire 54 workers. But that achievement was just the latest in Luna’s long push into wireless sensors, new materials and nanotech-related products.


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