We established Luna Sciences in 2006 when commercially viable Blue LED was starting to surface [2004-2006]. We knew the LED technology was at its infancy but had great development opportunity by companies such as Nichia, Samsung, Osram, and many others. Our goal was to research the market for light fixtures manufactures who used world class LED chips and used them efficiently and cost effectively. Early on, that proved to be challenging as LED fixtures were expensive and not cost effective for most companies to replace their existing florescent and incandescent bulbs. In fact a 200 watt high bay cost nearly $2,000 dollars in 2007. today, the same fixture cost less tan $200 with substantially more efficiency. The most lumen output available in 2007 was 50-60 lumens per watt. Today’s LEDs are capable of producing 165-185 lumens per watt with a high efficiency rating unimaginable in the early days of LED development.