Luna Innovations Announces Baker Tilly as Independent Auditor

ROANOKE, Va.–(BUSINESS WIRE)–Luna Innovations Incorporated (OTCMKTS: LUNA), a global leader in advanced fiber optic-based technology, is pleased to announce the appointment of Baker Tilly US LLP, as its independent accounting firm, effective as of March 20, 2025. This follows the previously disclosed resignation of Ernst & Young LLP, as reported in the Company’s February 2025 SEC filing.

The Audit Committee of the Company’s Board of Directors has engaged Baker Tilly to audit the Company’s consolidated financial statements for the fiscal years ending December 31, 2023 and 2024. In addition, Baker Tilly will conduct reviews of the Company’s unaudited condensed consolidated quarterly financial results.

“We are pleased to welcome Baker Tilly as our new independent auditor”, said Kevin Ilcisin, the Company’s President and CEO. “We believe this engagement will strengthen our financial oversight and support our strategic vision of enabling the future with fiber.”

About Luna

Luna Innovations Incorporated (www.lunainc.com) is a leader in optical technology, providing unique capabilities in high-performance, fiber optic-based, test products for the telecommunications industry and distributed fiber optic-based sensing for a multitude of industries. The Company’s business model is designed to accelerate the process of bringing new and innovative technologies to market.