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CENTENNIAL, Colo. - Nuburu, Inc. (NYSE American:BURU), a company specializing in blue laser technology with a current market capitalization of $0.54 million, announced Tuesday it has signed an agreement with an undisclosed strategic partner to evaluate a potential controlling interest acquisition aimed at expanding its defense applications business. The company’s stock has experienced significant volatility, declining 77.83% year-to-date according to InvestingPro data.
The agreement establishes a framework for assessing the acquisition, which would provide Nuburu with access to the partner’s expertise in laser and photonics design, development, and production capabilities. Due to confidentiality agreements, the partner’s identity has not been disclosed. With current revenues of just $0.01 million in the last twelve months and an EBITDA of -$11.98 million, this strategic move could be crucial for the company’s growth trajectory.
According to the company’s statement, the acquisition would give Nuburu access to existing engineering talent, production and R&D facilities, and an established client base in both civilian and military sectors. These resources would be integrated with Nuburu’s blue laser technology through its subsidiary, Nuburu Defense LLC.
"This Agreement marks a significant step in our strategy to explore potential acquisitions that can accelerate the reach of our blue laser technology into the defense sector," said Alessandro Zamboni, Executive Chairman of Nuburu, in the press release.
The companies will now begin technical discussions to analyze the acquisition structure, conduct due diligence, and develop a business plan. If successful, definitive agreements are expected to be signed in the fourth quarter of 2025, unless extended by mutual agreement.
The potential acquisition follows Nuburu’s recent agreement with Tekne S.p.A. and aligns with the company’s strategic shift toward defense technology applications under Zamboni’s leadership.
Nuburu, founded in 2015, has previously focused on industrial blue laser technology development and manufacturing. The company states that blue laser technology offers advantages over traditional infrared laser systems, including superior material processing, higher resolution, and greater precision.
In other recent news, NUBURU, Inc. has completed a $12 million public offering of common stock and pre-funded warrants. This offering included 32,373,536 common shares priced at $0.1428 each and 51,660,075 pre-funded warrants at $0.1427 each. Additionally, the company issued 126,050,417 common warrants with an exercise price of $0.1714 per share, set to expire in five years. The funds raised are intended to support NUBURU’s transformation into a defense and security technology provider. In a related development, NUBURU has announced plans to establish a Defense & Security Hub, as detailed in a letter to shareholders. This strategy includes an 80/20 U.S. joint venture with Italy’s Tekne S.p.A., aiming to expand into markets across the Americas, Asia-Pacific region, and NATO countries. Furthermore, NUBURU has modified the terms of its planned acquisition of a 70% interest in Tekne, following feedback from the Italian government’s "Golden Power" review. These developments highlight NUBURU’s strategic focus on expanding its presence in the defense sector.
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