Abstract—Bioluminescent bacteria may be isolated from sea water, and grown on a medium containing fish (or meat or yeast) extract. Cells harvested at the peak of luminescence can be lysed osmotically, releasing into the medium the soluble enzyme bacterial luciferase, which catalyzes the bioluminescent oxidation of reduced riboflavin 5′‐phosphate and long chain aldehyde by molecular oxygen. Luciferase is the simplest possible heterpolymeric protein, with an α (catalytic, 42,000 daltons)‐β (regulatory, 37,000 daltons) dimeric structure. Luciferase is not constitutive; it is induced by a substance produced by the bacteria themselves and excreted into the medium. Control also involves repression (glucose) and cyclic nucleotides.Recent work has resulted in the characterization of an intermediate in the light emitting reaction postulated to be luciferase‐bound 4a‐peroxy‐dihydro FMN. The final steps in the in vitro light‐emitting reaction involve reaction of this peroxy intermediate with aldehyde in a mixed function oxidase‐type reaction, yielding an excited luciferase‐flavin and long chain acid. The excited state is postulated to be the luciferase‐bound 4a‐hydroxy‐dihydro‐FMN. Although the identity of the in vivo aldehyde, its localization and its metabolism is unknown, studies with mutants which fail to synthesize aldehyde suggest that the 14 carbon fatty acid is a precursor. Moreover, although bacterial luciferase is highly soluble (200 mg ml‐1 in aqueous solution) there is recent evidence from our laboratory and others that its function may involve the cytoplasmic membrane.The function of light emission is of particular interest since a considerable amount of energy is involved; assuming a quantum yield of 10%, the cell foregoes the production of about 60 ATP molecules per photon. A fully induced cell emits about 104 quanta/s and about 20% (!) of the oxygen consumption of the cell has been estimated to go via the light emitting pathway. One function is in light organs of higher organisms, where they occur as symbionts. The inducible (and repressible) nature of the luminescent system may be appreciated in terms of ecological options; the bacteria may be biologically very versatile. Induction by an inducer produced by the bacteria themselves would occur only under conditions where it accumulates, as in a luminous organ of a host. In the open ocean such an accumulation does not occur; the luminous system would thus not be synthesized and energy loss via luminescence is averted, allowing the bacteria to compete in an alternate “life style”.