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Luna Innovations completes sale to private equity firm

Summary by Cardinal News
Blacksburg-based technology company Luna Innovations Inc. has completed its sale to a private equity company. TJC LP has acquired Luna for $1.39 cash per common share in a deal that was announced in June and took effect Sept. 18. The closing marks the end of a troubled chapter for Luna, which develops fiber-optic sensing and monitoring equipment. The company, which formerly had its executive offices in Roanoke, lost its spot on the Nasdaq Stock …
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Cardinal News broke the news on Monday, September 28, 2026.
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