Lumera Corporation, (NASDAQ:LMRA), a company focused on the development
of polymer nanomaterial development for wireless and life science applications reported revenue of $348,000 for its latest
quarter ended June 30, 2005. Revenue for the quarter was $60,000 higher than that for the same period last year.
Lumera's polymer materials technology has been developed for biotechnology
disposables, electro-optic devices, and the smart wireless antennas and systems markets. The company’s disposable biochips,
for DNA and protein analysis, are being evaluated by the Institute of Systems Biology, a company that Lumera has a collaboration
agreement with.
Lumera, as part of its quarterly summary indicated that Raytheon
Company has placed an evaluation order for its modulators. Additionally, Lumera has supplied samples of its electro-optic
polymer material to government agencies and potential semiconductor and telecommunications partners. The material has the
potential to enable semiconductor chips to reach speeds greater than 20 GHz.
Lumera also reported in its quarterly report that it is developing
smart antenna applications based on polymers. The company currently markets the AccuPath antenna for WiMax and WiFi applications.
