Nuburu, Inc.
BURUNuburu, Inc. (BURU) is a technology company specializing in the development of high-power, high-brightness blue laser systems. Founded to advance industrial and scientific applications, Nuburu's laser technology is used in materials processing, aerospace, automotive manufacturing, and other high-precision fields. Its innovative UV and visible laser solutions are known for their efficiency and versatility in enabling advanced manufacturing processes.
Company News
Nuburu Inc. announced a strategic framework agreement to form a joint venture with Maddox Defense to develop advanced drone systems for military and commercial applications, projecting $100 million in annual revenue by 2028.
U.S. stock futures rose on Wednesday after Tuesday's declines, with market attention focused on potential Federal Reserve interest rate cuts and various company-specific developments in technology, defense, and aviation sectors.
Nuburu Inc. announced a strategic acquisition of Italian software firm Orbit S.r.l. in the defense sector, targeting a $3 billion global operational resilience market. The company also recently closed a $12 million capital raise and secured a $6.6 million contract in Bangladesh.
Nuburu Inc. announced a strategic acquisition of Orbit S.r.l., an Italian software firm specializing in defense operational resilience, investing up to $5 million over three years to expand its defense technology portfolio.
Nuburu Inc. saw a 50% stock price increase in after-hours trading after restructuring an acquisition deal for Italian defense company Tekne S.p.A., involving a phased 70% stake purchase and creating a joint venture focused on defense development.
