Luna Innovations Acquires New Ridge Technologies

Luna Innovations Acquires Silixa

December 21, 2023

Telecommunications

Luna Innovations Incorporated acquired Silixa, a UK-based leader in distributed fiber optic sensing, for $21.5 million in upfront cash plus up to $16.5 million in earnouts. The deal, partially funded by a strategic investment from White Hat Capital Partners, adds DAS, DTS and DSS capabilities to Luna's portfolio and expands its presence in the U.K./EMEA and end markets such as energy, mining and defense.

Firmament Invests in LightRidge Solutions Holdings LLC

October 5, 2023

Aerospace & Defense

Firmament announced a capital investment in LightRidge Solutions Holdings LLC to provide structured equity and credit financing to the space- and defense-focused platform. The investment will support LightRidge’s continued platform build and capability expansion—LightRidge (an ATL Partners-backed platform) has previously added GEOST and Ophir and recently integrated Trident Systems to expand space electronics, sensing and C4ISR capabilities.

LightRidge Solutions Acquires Trident Systems

July 17, 2023

Aerospace & Defense

LightRidge Solutions, a portfolio company of ATL Partners, has acquired Trident Systems, a provider of high-performance space electronics and C4ISR solutions. The add-on deal — terms not disclosed — expands LightRidge's capabilities in space mission computing, increases Trident's production capacity, and brings complementary engineering talent into the LightRidge platform.

Lumin8 Transportation Technologies Acquires Lightspeed Integrated Communications

February 16, 2023

Infrastructure

Lumin8 Transportation Technologies, a portfolio company of Crest Rock Partners, has acquired Lightspeed Integrated Communications, a Castle Rock, Colorado-based fiber optic infrastructure services provider. The deal expands Lumin8's fiber optic installation, splicing, testing, and maintenance capabilities to support ITS and broadband projects and broadens its service footprint across the U.S.

Luna Innovations Acquires LIOS Sensing from NKT Photonics

March 14, 2022

Manufacturing

Luna Innovations Incorporated (NASDAQ: LUNA) has acquired LIOS Sensing, a division of NKT Photonics, for €20 million in cash. The acquisition adds LIOS's distributed fiber-optic temperature and strain sensing technology and international customers to Luna's portfolio, expanding Luna's sensing capabilities and global presence.

Luna Innovations Acquires General Photonics

March 4, 2019

Telecommunications

Luna Innovations Incorporated acquired General Photonics Corporation, a Chino, California-based provider of polarization management components, modules and optical test equipment, for $20 million (including up to $1 million earnout). The purchase expands Luna's Lightwave division and strengthens its communications test product portfolio by adding complementary measurement and polarization control capabilities and vertical integration synergies.