LMRA news / could gap up today
BOTHELL, Wash.--(BUSINESS WIRE)--Lumera Corporation (NASDAQ:LMRA - News), a leader in the emerging field of nanotechnology, announced today that it had received a purchase order from Lockheed Martin for Lumera's high electro-optic activity materials. The term of the agreement is until December 31, 2007, at which time Lockheed Martin will advise Lumera of its intentions regarding a commercial license for the materials.
"We are pleased that Lockheed Martin is interested in our polymer materials and expect that the materials will perform as anticipated," said Dr. Raluca Dinu, Director of Lumera's Electro-Optic Business Unit. "We look forward to developing a long-term relationship with Lockheed Martin."
