LUNA merged with Advanced Photonix, Inc.

On May 8, 2015 the merger between Luna and Advanced Photonix, Inc. was completed. Joining forces, the combined company has a strengthened position in optical technology and looks to leverage both companies’ capabilities to grow shareholder value.

API business overview

  • API is a leading supplier of optoelectronic sensors, devices, and instrumentation
    • High-Speed Optical Receiver products from Picometrix
    • Terahertz sensing systems from Picometrix
    • Optoelectronic solutions from Advanced Photonix
  • API serves the Telecommunications, Defense, Medical, and Industrial markets
  • Capabilities include Optical Communication, Industrial Process Control, Quality Control, Test & Measurement

Advantages of Merger

  • We’re stronger financially
    • More than doubles our revenue base
    • Shared infrastructure
    • Significant cost savings by combining two public companies into one
    • Fundamentally better positioned for improved profitability
  • Creates a company that will build from a strong foundation of products
    • Luna’s core Test & Measurement products
    • API’s High Speed Optical Receivers
    • API’s Optosolutions products
  • Solid revenue base will enable investment in growth
    • Luna’s strain & temperature sensing business
    • API’s Terahertz sensing systems
  • Combined entity leverages synergies
    • Shared industries/broadened market base
    • Core technical competencies
    • Over 200 patents and patent applications
  • We will continue to develop a pipeline of technologies for future commercialization

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Investor Contact:
Dale Messick, CFO
Luna Innovations Incorporated