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CENTENNIAL, Colo. - Nuburu, Inc. (NYSE American:BURU), a company focused on blue laser technology trading near its 52-week low of $0.12, announced Monday the creation of a new defense subsidiary and plans to pursue acquisitions in electronic warfare and operational resilience markets. The company’s stock has declined over 81% year-to-date, according to InvestingPro data.
The company has established Nuburu Defense LLC to serve as its defense and security division. According to the press release, Nuburu expects to finalize binding agreements to acquire a controlling interest in Orbit S.r.l., a software-as-a-service startup specializing in operational resilience, by October 31.
Nuburu is also working with an unnamed strategic partner to pursue acquisition of a controlling interest in that company by year-end, with the goal of developing defense applications that integrate blue laser technology.
The company recently completed a public offering that raised $12 million gross, strengthening its balance sheet in line with a recapitalization plan accepted by the NYSE American exchange. Nuburu reported a current cash position of approximately $6 million. InvestingPro analysis reveals concerning metrics, including a weak current ratio of 0.04 and negative gross profit margins, suggesting potential liquidity challenges. InvestingPro subscribers have access to 13 additional key financial indicators for BURU.
Nuburu Defense anticipates generating billings of approximately $500,000 in the fourth quarter of 2025, according to the statement. The company is targeting markets including electronic warfare, which it projects will reach $19.4 billion by 2028.
The company is also implementing an action plan with Italian firm Tekne S.p.A. following an agreement signed in August. Nuburu supported Tekne in securing a $6.6 million contract with a government agency in Bangladesh.
"Nuburu is making significant strides in our strategic transformation, particularly with the establishment of Nuburu Defense and our pursuit of synergistic acquisitions," said Alessandro Zamboni, Executive Chairman of Nuburu, in the statement.
The company is adding personnel to support its expansion, including a new financial controller starting October 1 and a specialist to implement a revenue office function at the group level. With a market capitalization of just $0.46 million and revenue decline of nearly 99% in the last twelve months, these organizational changes come at a critical time. InvestingPro subscribers can access detailed financial health scores and comprehensive analysis of BURU’s market position.
In other recent news, Nuburu, Inc. has made several strategic moves to bolster its position in the defense sector. The company announced the completion of a $12 million public offering of common stock and warrants, aimed at funding its acquisition plans and supporting its transformation into a defense and security technology provider. This offering included 32,373,536 common shares and 51,660,075 pre-funded warrants, with additional common warrants issued for future purchase. Additionally, Nuburu has signed a framework agreement with an undisclosed strategic partner to explore a potential acquisition, which would enhance its capabilities in laser and photonics design for defense applications.
In a letter to shareholders, Nuburu detailed plans to establish a Defense & Security Hub, highlighting a new joint venture with Italy’s Tekne S.p.A. This 80/20 joint venture is set to target markets in the Americas, Asia-Pacific, and NATO countries, leveraging Tekne’s existing $7.5 million in non-Italian orders. These recent developments signal Nuburu’s ongoing efforts to expand its footprint in the defense sector.
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