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OptaSense

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OptaSense - Semiconductor showcase

Year Founded & Workforce

2008

150 Employees

Industry

Semiconductor

Services

Distributed Fiber Optic Sensor
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OptaSense Overview

Company Headquarters: United States

Founded: 2008

Workforce: ~150

Company Working: OptaSense (Luna Innovation) is a reliable partner for cutting-edge fiber optic Distributed Acoustic Sensing (DAS) systems that lower asset ownership costs by improving operational efficiency, performance, and safety. Their DAS solutions deliver real-time, actionable data, specialized knowledge, and worldwide experience to various sectors, including oil and gas, pipeline, security, transportation, and utilities. OptaSense is dedicated to achieving and sustaining excellence in all of its operations. OptaSense will create a working system to safeguard the health, safety, and security of its workers, visitors, contractors, and the general public while minimizing the environmental effect of its activities. Luna is the parent company.

Strategy

OptaSense strives to be a better environmental steward by investing in more robust environmental, health, and safety management practices and standards. They think that operational excellence is critical to the success of any business and seek to attain the highest safety standards throughout their organization. In addition, we are committed to implementing greener business practices to reduce their carbon impact.

Company Snapshot

$82.7M

Revenue

150

Employees

2008

Founded

United States

Headquarters

SWOT Analysis

Strengths

  • Focus on research & development
  • High customer loyalty

Weaknesses

  • Unfavorable impact of currency translation

Opportunities

  • Increasing investment in R & D

Threats

  • High competition from local and international brands
  • Rapid technological changes

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Key Developments

DateApproachDevelopment
January 2022AwardThe Fibre Optic Sensing Association has awarded OptaSense, a Luna Innovations firm, the FOSA Innovation Award. The prize was given in recognition of creating static stain and temperature detection in a Rayleigh backscatter-based system. The unique technique was verified in a year-long British Geological Survey (BGS) experiment at the Hollin Hill National Landslip Laboratory in the United Kingdom.
August 2021Product DevelopmentQuantX has quickly become the instrument of choice for scholars, seismologists, and geophysicists, providing 50km of quantitative phase and amplitude data at 1m pitch. The new 100km working mode may be implemented retroactively to existing QuantX units as a software upgrade, extracting every last useable photon from the device.

Product Offering

  • OptaSense
    • Distributed Fiber Optic Sensor

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 82.7 Mn in 2020 to USD 109.5 Mn in 2022.
OptaSense — By Business Segment
Series (USD Mn)202020212022
Sales82.787.5109.5

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