Gold prices steady amid Fed rate cut hopes; Trump-Putin talks awaited
CENTENNIAL, Colo. - NUBURU, Inc. (NYSE American: BURU), known for its industrial blue laser technology, has ventured into the defense industry through a Joint-Pursuit Agreement (JPA) with an undisclosed defense-tech company. This strategic move, announced on March 12, 2025, follows NUBURU’s previous acquisition of a 20% interest in a defense and security hub. According to InvestingPro data, the company’s stock has shown significant price volatility, with a beta of -0.42, indicating movement often contrary to broader market trends.
The agreement is expected to enhance NUBURU’s engagement with its existing defense-tech client base, which spans approximately 60 clients across seven countries, including the USA, Italy, and the UAE. With a substantial backlog of orders worth $309 million and options for an additional $181 million, the company is poised to accelerate its growth in the defense sector. However, InvestingPro analysis reveals concerning financial metrics, including a weak gross profit margin of -273.41% and a current ratio of 0.15, suggesting significant short-term liquidity challenges. (Unlock 12 more key insights with InvestingPro’s comprehensive analysis.)
Under the JPA, NUBURU will contribute its expertise and intellectual property in laser technology, while the defense-tech partner will provide its knowledge in developing defense-grade vehicles, equipment, and electronic systems. The collaboration aims to produce advanced laser-tech products, such as Directed Energy Weapons (DEWs) and LIDAR-based Surveillance and Reconnaissance systems, with NUBURU retaining ownership of all Developed Intellectual Property. With a market capitalization of just $0.69 million and revenue declining by 75.88% in the last twelve months, this strategic partnership could be crucial for the company’s future growth.
Alessandro Zamboni, Executive Chairman of NUBURU, expressed confidence in the collaboration, stating it aligns with the company’s Transformation Plan and will streamline its offerings in the defense sector. The company’s overall financial health score of 0.76 (rated as WEAK by InvestingPro) suggests significant challenges ahead in executing this transformation.
In addition to this partnership, NUBURU plans to integrate artificial intelligence and robotic process automation into its operations, as well as innovative fintech platforms. This includes a partnership with COEPTIS’ NexGenAI Affiliates Network and a strategic investment in Supply@ME Capital Plc, which are intended to enhance NUBURU’s marketing and B2B sales processes and optimize working capital needs.
NUBURU’s strategic expansion is part of its commitment to providing tailored solutions to the evolving needs of key sectors, particularly defense and security. This information is based on a press release statement.
In other recent news, Nuburu, Inc. has announced significant financial and strategic developments. The company secured a convertible funding facility of up to $5.15 million from Supply@ME Capital Plc, with the potential for Nuburu to gain a controlling interest in SYME upon conversion to shares. This investment is part of Nuburu’s broader strategy to enhance financial flexibility and operational capabilities, following the clearance of its long-term debt. Additionally, Nuburu completed a strategic acquisition of a 20% stake in a defense and security hub for $25 million, marking a significant step in its expansion into the defense sector. This acquisition is the first phase of a planned two-stage acquisition, aimed at strengthening Nuburu’s position in defense and security markets.
In a separate development, Nuburu announced an upcoming public auction of assets following a notice of default on certain senior notes, scheduled for February 2025. The company is also undergoing leadership changes as part of a Transformation Plan, with the resignation of key executives and the appointment of new members to its committees. These moves are part of Nuburu’s efforts to streamline operations and enhance its market position. Investors are closely monitoring these developments for potential implications on Nuburu’s strategic direction and future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.