Luna Innovations
LUNAPrivate Company
Total funding raised: $40M
Overview
Luna Innovations is a publicly traded technology company with a mission to 'enable the future with fiber' through its proprietary fiber optic sensing and photonic testing systems. The company has achieved a leadership position in industrial and infrastructure monitoring (e.g., aerospace, energy, civil) and is strategically expanding its technology into adjacent high-growth markets, including medical devices and diagnostics. Its strategy combines organic R&D with targeted acquisitions (e.g., Silixa, OptaSense, LIOS, RIO Lasers) to build a comprehensive portfolio of measurement solutions that deliver critical data for safety, security, and efficiency.
Technology Platform
Proprietary fiber optic sensing and photonic measurement platform enabling high-precision, distributed monitoring of temperature, strain, acoustics, and shape, with applications from industrial infrastructure to medical devices and diagnostics.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Faces competition in sensing from large industrial firms (e.g., Schlumberger, Halliburton) and in photonic testing from giants like Keysight and Viavi. Differentiation is achieved through a broad, integrated technology portfolio, deep application expertise in harsh environments, and a successful OEM partnership model adaptable to medical markets.
Company Timeline
Series A: $10.0M
Series B: $30.0M
Founded in Roanoke, United States