Silixa Limited
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Silixa Limited - overview
Established
2007
Location
Elstree, -, UK
Primary Industry
Telecoms
About
Silixa Limited, based in the UK, specializes in advanced fiber optic sensing solutions, crucial for monitoring environmental conditions and enhancing operational efficiencies in industries such as energy and mining. Founded in 2007 in Elstree, UK, Silixa Limited develops distributed fiber optic sensing technologies. Recently, on December 21, 2023, the company was acquired by Luna Innovations Inc. for USD 21.
5 mn, enhancing its capabilities in fiber optic solutions. The company has completed three total deals to date. The CEO is Glynn Williams, and the founder is Tom Parker, who has a history of entrepreneurship. Silixa provides advanced distributed fiber optic sensing solutions that are essential for monitoring natural environments, supporting carbon capture initiatives, and optimizing energy and mining operations.
Their key products include Distributed Temperature Sensing (DTS), Distributed Strain Sensors (iDSS™), and the ULTIMA™ system, which deliver real-time, high-resolution data under extreme conditions. Silixa caters to a diverse global clientele, including energy firms, governmental bodies, and research institutions across North America, Europe, and Asia-Pacific, focusing on environmental sustainability and operational safety. In the most recent year, 2023, Silixa reported a revenue of USD 32. 12 mn and an EBITDA of USD 1.
61 mn, deriving income from direct sales of its proprietary technologies and subscription-based data services, tailored to meet the diverse needs of its industrial and governmental clients. Silixa aims to leverage its recent acquisition by Luna Innovations Inc. to expand its product offerings and enhance its market reach. The financial backing will support the development of upcoming products designed for improved sensing capabilities and the expansion into new markets, particularly in North America and Europe by 2025.
The acquisition facilitates the enhancement of Silixa's existing technologies and operational capacity, aligning with future growth strategies in fiber optic sensing applications.
Current Investors
Lime Rock Partners, Chevron Technology Ventures, Equinor Ventures
Primary Industry
Telecoms
Sub Industries
Data Centers, Fiber Optics
Website
www.silixa.com
Verticals
Big Data, IoT (Internet of Things), Manufacturing
Total Amount Raised
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