Luna Innovations Secures Major Contract for THz Solutions to Revolutionize Electric Vehicle Battery Production
Luna Innovations Incorporated (NASDAQ: LUNA), a prominent global leader in advanced fiber optic and Terahertz (THz)-based technology and non-destructive testing, has achieved a significant milestone by winning a substantial purchase order for its cutting-edge THz sensing solution. This revolutionary technology will find application in the automotive electric vehicle (EV) battery production process, a critical sector experiencing soaring demand.
As the world embraces electric mobility, the need for reliable and efficient EV batteries has reached unprecedented levels. Luna's THz solutions represent a groundbreaking advancement in in-line, real-time measurement of critical thickness and density parameters during battery production. This major contract win marks a significant step forward for the company and the burgeoning EV industry.
Scott Graeff, President, and CEO of Luna Innovations, emphasized the importance of their THz solutions in the global transportation landscape. "With electric mobility fast becoming the cornerstone of our global transportation landscape, the demand for reliable and efficient EV batteries has reached unprecedented heights," said Scott Graeff. "Our THz solutions represent a major step forward for in-line, real-time measurement of critical thickness and density parameters during production. We are very pleased to announce our progress with this major win and the associated transfer of production to our rapidly growing Atlanta facility."
Luna's THz sensing technology harnesses electromagnetic waves between microwaves and infrared light to measure the multi-lathe yer thickness and density of opaque materials. The use of THz waves ensures intrinsic safety and non-destructive characteristics, making them ideal for real-time monitoring of multi-layer industrial processes, particularly in EV battery production.
The model 5600 "T-Ray" from Luna boasts an impressive array of features tailored to industrial applications, making it the industry's sole THz solution purpose-built for this purpose. Its capabilities include high-speed measurements of moving samples, high-precision thickness measurements of single and multi-layer material structures, multiple communication protocols and I/O options, dual parallel optical channels for simultaneous measurements in reflection or transmission, and a powerful, user-friendly, application-oriented software platform.
To meet the escalating demand for THz solutions, Luna has completed the transfer of production to its Atlanta, Georgia facility. The company anticipates achieving a fourfold increase in capacity at this facility, ensuring they can efficiently deliver on their latest major order.
The recent significant order for new units produced in Atlanta is set for delivery throughout the remainder of 2023. Luna Innovations is dedicated to providing cutting-edge solutions to drive innovation and enhance the future of the electric vehicle industry.
https://lunainc.com/news/luna-wins-major-order-thz-solutions-battery-manufacturing
