Press release

CORRECTING and REPLACING Luna Innovations to Present at Singular Research Spring Select Webcall on May 30, 2019

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First paragraph, second sentence of release should read: The
presentation is scheduled for 12 noon EDT. (instead of The presentation
is scheduled for 9:00 a.m. EDT.)

The corrected release reads:

LUNA INNOVATIONS TO PRESENT AT SINGULAR RESEARCH SPRING SELECT
WEBCALL ON MAY 30, 2019

Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in
advanced fiber optic-based technology, today announced that Scott
Graeff, President and CEO, will participate in the Singular Research
Spring Select Webcall on Thursday, May 30, 2019. The presentation is
scheduled for 12 noon EDT.

Registration for the webcall can be completed at the Singular
Research website at https://singularresearch.com.
A link to registration can also be found on the Investor Relations
section of the Luna website at www.lunainc.com
prior to the event.

About Luna

Luna Innovations, Incorporated (www.lunainc.com)
is a leader in optical technology, providing unique capabilities in
high-performance, fiber optic-based, test products for the
telecommunications industry and distributed fiber optic-based sensing
for the aerospace and automotive industries. Luna is organized into two
business segments, which work closely together to turn ideas into
products: a Technology Development segment and a Products and Licensing
segment. Luna’s business model is designed to accelerate the process of
bringing new and innovative technologies to market.