Luna Innovations Announces $35M Debt Facility
Replaces Previous Debt Facilities
Significant Multi-Unit Purchase Order for F-35
BAE Systems Rewards Luna with the Gold Tier Supplier Recognition.
Luna Innovations, in efforts to focus in on it's fiber optic-based technology, announced divestment in the Luna Labs division, in a transaction valued at approximately $21 million. Under the terms of the sale, Luna will retain a less than five percent minority equity ownership interest in this new company.
Luna Completes Divestiture of Luna Labs Acquires LIOS Sensing from NKT Photonics