AcquisitionLuna announced the acquisition of Silixa, a company specializing in innovative distributed fiber optic sensing solutions, which could significantly enhance Luna's product offering.
Financial BackingThe acquisition was strategically funded by White Hat Capital Partners, reflecting confidence in Luna's growth trajectory and financial health.
Revenue GrowthSilixa is expected to contribute approximately $30 million in revenue for the year, marking a robust 15% growth and showcasing its strong market position.