Boosting fiber-optic sensing offerings, Luna Innovations acquires OptaSense

Dec. 7, 2020
The acquisition of the fiber-optic sensing specialist allows for expansion into high-growth markets such as security and perimeter detection, smart infrastructure monitoring, and oil and gas.

Advanced optical technology provider Luna Innovations (Roanoke, VA) has acquired fiber-optic sensing solutions developer OptaSense (Houston, TX), a QinetiQ company (Farnborough, England), for approximately $40 million in cash. OptaSense specializes in fiber-optic distributed monitoring solutions for pipelines, oilfield services, security, highways and railways, as well as power and utilities monitoring systems. 

The acquisition provides Luna with important distributed acoustic sensing (DAS) intellectual property and products, which strongly complement Luna’s existing portfolio, and provides algorithm-development expertise, critical for AI and machine learning. OptaSense’s research and development talent and highly skilled salesforce, combined with more than 150 active and pending patents, will also enhance Luna’s existing experienced team and broaden its intellectual property portfolio.

OptaSense will become a fully owned subsidiary of Luna Innovations, while continuing to operate under its existing brand for the foreseeable future, and OptaSense employees will remain within the company, with offices in the UK, US, Dubai, and Canada.

Source: Luna Innovations press release – December 3, 2020

Sponsored Recommendations

Working with Optical Density

Feb. 26, 2025
Optical Density, or OD, is a convenient tool used to describe the transmission of light through a highly blocking optical filter.

Custom-Engineered Optical Solutions for Your Application

Feb. 26, 2025
Explore the newest and most widely used applications of Semrock optical filters.

Linear Stages & Rotary Stages for High Precision Automation & Motion Control

Feb. 13, 2025
Motorized Linear Translation Stages & Rotary Precision Positioning Stages for High Performance Automation & Motion Control | PI USA

Motion Controllers for Precision Positioning and Automation

Feb. 13, 2025
PI manufactures a range of precision motion controllers and drivers for positioning systems, including stepper motors, brushless motors, and servo motors.

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!