Luna Innovations Acquires Fiber Optic Sensing Specialist Silixa
ROANOKE, Va., Dec. 21, 2023 — Luna Innovations Inc has acquired fellow fiber optics technology company Silixa for $21.5 million. The strategic acquisition, partially funded with a simultaneously announced $50 million investment from White Hat Capital Partners, strengthens Luna’s position in the fiber optic sensing market, adding capabilities in distributed acoustic sensing (DAS), distributed temperature sensing (DTS) and distributed strain sensing (DSS) that offer enhanced performance for applications in energy,...