Luna Innovations Acquires OptaSense
Luna Innovations has acquired OptaSense, a QinetiQ company. OptaSense is a recognized market leader in fiber optic distributed monitoring solutions for pipelines, oilfield services, security, highway and railway monitoring, and power and utilities monitoring systems. The combination is expected to create the world’s largest fiber optic sensing company.
"The acquisition of OptaSense marks an incredibly important milestone in Luna Innovations’ history and will further support our growth trajectory... In addition, OptaSense’s success has been driven by a world class, industry-leading technology base and a very talented team of employees. We are very excited about welcoming them to the Luna team.”
- Scott Graeff, President and Chief Executive Officer of Luna
“We are delighted to announce the sale of OptaSense to Luna, who will provide greater synergies and relevant market access to enable and accelerate their future growth."
- Steve Wadey, Chief Executive Officer of QinetiQ