Trooperstocks
2 days ago
$BURU News: NUBURU Stockholders Green-Light Strategy to Finance Transformation in Key Stockholder Vote
CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) is excited to announce that its stockholders have overwhelmingly approved key proposals in support of its financing strategy, a pivotal milestone in the Company’s strategic transformation into a leader in defense-tech and operational resilience through its Defense & Security Hub initiative.
This stockholder approval enables NUBURU to advance key strategic objectives, including:
Electing Alessandro Zamboni as a Class III director to hold office until the annual meeting of stockholders to be held in 2028 and until his successor is duly elected and qualified.
Increasing authorized share capital and access to equity financings to facilitate strategic growth initiatives.
Ratifying financing agreements to support the working capital needs of the Company, which also provide us with the opportunity to eliminate the market overhang relating to the outstanding preferred stock (which is now classified as a current liability) and extinguish liabilities to key vendors, all of which will strengthen the Company’s financial position and make the Company more attractive to investors.
“This stockholder vote is a resounding endorsement of the strategic goals of our transformation plan commenced in early January” remarked Alessandro Zamboni, Executive Chairman of NUBURU. “With key components of our ongoing financing structure now in place, we will continue to devote our time and attention to consummating our previously announced strategic investment in Tekne S.p.A., which will be core to our Defense & Security Hub initiative.”
The strategic investment in Tekne S.p.A. (“Tekne”) remains central to NUBURU’s Defense & Security Hub initiative, also by leveraging the Company’s high-performance blue laser technology know-how alongside Tekne’s product roadmap, which includes its “Tactical Bubble” defense products, currently operational in Italian military exercises, projected to generate revenue exceeding €50 million. The Tactical Bubble enables secure command-and-control networks, countering threats like drones and electromagnetic warfare, and is a key part of Italy’s defense modernization.
Management notes that this vote was a pivotal step for NUBURU, allowing for a critical restructuring process and providing the necessary financial flexibility to support the Company’s announced business plans. Mr. Zamboni, re-elected for another term as a Director by this vote, has been central to that process. Mr. Zamboni also continues in his role as Executive Chairman of the Company.
The completion of the Tekne strategic investment is contingent, among things, upon obtaining the “Golden Power” authorization as mandated by Italian law. The review process for such authorization is anticipated to conclude by August 5, 2025, unless suspensions are invoked as a result of additional requests for clarification issued by the Italian authorities. Such suspensions would legally extend the review timeline and could consequently defer the expected deadline.
The vote also included stockholder authorization for a potential reverse split if necessary to meet major exchange listing standards. That said, management states it will prioritize minimizing stockholder dilution as market conditions allow. Zamboni continued, “A reverse stock split is a non-priority unless required for driving long-term sustainable growth through improved market positioning. We prefer to focus instead on driving shareholder value through execution and strategic partnerships.”
About NUBURU
Founded in 2015, NUBURU, Inc. has developed and previously manufactured industrial blue laser technology. Under a renewed strategic vision led by Executive Chairman Alessandro Zamboni, the Company is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience. NUBURU is leveraging a combination of internal innovation and strategic acquisitions to build out its Defense & Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.
For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements, identified by words such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast,” or their negatives or variations. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including but not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through foreclosure; (3) failure to achieve expectations regarding business development and acquisition strategy; (4) inability to access sufficient capital; (5) inability to realize anticipated benefits of acquisitions; (6) changes in applicable laws or regulations; (7) adverse economic, business, or competitive factors; (8) financial market volatility due to geopolitical and economic factors; and (9) other risks detailed in the Company’s SEC filings, including its most recent Form 10-K or Form 10-Q. These filings address additional risks that could cause actual results to differ from those in the forward-looking statements. Readers should not place undue reliance on these statements, which speak only as of the date they are made. NUBURU undertakes no obligation to update or revise these statements, except as required by law.
Source: NUBURU, Inc.
Contacts
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
Trooperstocks
2 weeks ago
$BURU News: NUBURU Advances Defense-Tech Transformation with Strategic Acquisitions and €50M Military Deployment
Business Wire
Fri, June 27, 2025 at 8:35 AM EDT 5 min read
In This Article: BURU, BURUW
SYME.L
Nuburu Inc., a global leader in high-performance laser technology solutions, announces an update on its strategic transformation efforts and the ongoing progress of its planned acquisitions forming part of the broader Defense & Security Hub initiative as Golden Power Clearance Progresses for Tekne SpA as "Tactical Bubble" forming part of the broader Defense & Security Hub initiative.
CENTENNIAL, Colo., June 27, 2025--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a global leader in high-power blue laser technology, today announced significant progress in its strategic transformation, including developments within its planned Defense & Security Hub and key acquisitions.
NUBURU, Inc. reports that the regulatory approval process for the acquisition of Tekne SpA ("Tekne") currently under review through Italy’s Golden Power process is progressing positively and in line with expectations. NUBURU’s team is working closely with the relevant Italian authorities, and current indications suggest a favorable outcome. Meanwhile, Tekne remains fully focused on its delivery plan, supporting, among its portfolio of clients, the Italian Ministry of Defense with pivotal technological solutions, with reference to its state-of-the-art "Tactical Bubble" systems, which are currently in full deployment.
"The Tactical Bubble is a next-generation battlefield system developed by Tekne and recognized by the Italian Armed Forces. It enables real-time communication, decision-making, and data sharing among military units, dramatically improving situational awareness and personnel safety in hostile environments," said Alessandro Zamboni, Executive Chairman of NUBURU. "This confirms that the targeted acquisition of Tekne will be a cornerstone of NUBURU’s broader Defense & Security Hub strategy, which also includes the acquisition of a start-up Software-as-a-Service (SaaS) platform designed to enhance operational resilience across critical infrastructure and defense networks," continued Mr. Zamboni.
Designed to counter modern threats including hostile drones, cyber attacks, and electromagnetic warfare, the Tactical Bubble features integrated monitoring, identification, and countermeasure capabilities. It also establishes a robust, secure command-and-control network that supports fast, reliable mission execution in complex combat scenarios.
Tekne’s €50 Million Defense Project Under Full Deployment:
Tekne continues to execute on its multi-phase contract with the Italian Ministry of Defense, focused on delivering its advanced "Tactical Bubble" systems, which are now fully operational. This project - expected to generate over €50 million in revenue - was recently showcased during major military exercises, including "Stella Alpina" and "Scudo 25," and is central to Italy’s defense modernization efforts.
Strengthening Position in Defense-Tech and Operational Resilience:
NUBURU views the successful delivery of the Tactical Bubble system as a major validation of its strategy to expand into defense-tech, homeland security, and operational resilience sectors. These high-growth verticals are key to the group’s broader transformation plan, which can also leverage the Company’s leadership in high-performance laser applications into adjacent markets with long-term value potential.
In parallel, NUBURU is moving forward with the completion of the due diligence and US GAAP/IFRS audit processes related to Tekne and the SaaS startup transaction. Both deals remain subject to customary regulatory review and stockholders approval.
Commitment to Growth, Innovation, and Shareholder Value:
NUBURU continues to invest in research and development to study the application of exponential technologies, like Artificial Intelligence (Agentic AI), and the business’ synergies with the fintech solutions, by leveraging the recent strategic investment in the revolutionary inventory monetization platform powered by Supply@ME Capital Plc. Under the direction of Executive Chairman Alessandro Zamboni, the Company is committed to executing its long-term transformation strategy, driving sustained growth through strategic partnerships, product innovation, and acquisition-led expansion.
About NUBURU
Founded in 2015, NUBURU, Inc. develops and manufactures industrial blue laser technology that transforms the speed and quality of laser-based manufacturing. Under a renewed strategic vision led by Executive Chairman Alessandro Zamboni, the Company is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience. NUBURU is leveraging a combination of internal innovation and strategic acquisitions to build out its Defense & Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.
For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company’s acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not give any assurance that it will achieve its expected results. The Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250627874360/en/
Contacts
NUBURU, Inc. (NYSE American: BURU)
Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
Trooperstocks
1 month ago
$BURU - NUBURU Reveals TEKNE as Targeted Acquisition in the Advanced Defense Technologies
May 22, 2025 8:35 AM Eastern Daylight Time
The Acquisition, subject to regulatory and stockholders approval, will Enhance Revenue Streams to $50 Million as NUBURU Revitalizes Blue Laser Technology to be integrated within the new State-of-the Art Defense & Security Hub
CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a front-runner in high-power blue laser technology, reveals Tekne S.p.A. (“TEKNE”) as targeted acquisition, a distinguished provider of integrated electronic warfare and cyber capabilities within military vehicles.
As previously announced, NUBURU awaits approval from the Italian government under the “golden power” regulations, which oversee foreign investments in critical sectors aligned with national security interests. Also, the completion of the acquisition of TEKNE, part of the over-all plan to create a unique Defense & Security hub, is subject to the necessary regulatory and stockholders approval.
TEKNE, with an annual revenue of $50 million and a R&D team of 70 engineers and technicians, brings a wealth of expertise in telecommunications, electronic, and cyber warfare, along with state-of-the-art vehicle protection systems. As a pioneer in jammer technology, TEKNE has successfully supplied advanced systems up to 8GHz and is currently developing solutions for satellite systems, reinforcing its global presence among technologically advanced nations.
In addition to its innovative technology, TEKNE proudly serves a diverse client base, including key national organizations such ministers, government agencies and other public sector entities. This established global clientele highlights TEKNE’s credibility and the vital role it plays within the defense sector. Furthermore, TEKNE entered in 2024 into a strategic partnership with US Flyer Defense, a leading provider of tactical ground mobility solutions in the United States. Together, they are set to produce a high-mobility vehicle designed for rapid deployment across a diverse landscape of military operations. This lightweight tactical vehicle, engineered for versatility in military missions, will enhance the capabilities of the Italian Armed Forces and other NATO allies, fostering an environment of interoperability and readiness. On the other side, TEKNE already has commercial and support operations in the United States. The company plans to further expand its presence in the US market, including the establishment of a technology laboratory focused on serving the specific needs of American customers.
TEKNE’s portfolio also includes specialized vehicles designed for various applications, such as the Graelion 4x4 multi-purpose vehicle and the Shield armored vehicle tailored for personnel transport. Additionally, the company is recognized for its leadership in the field of Cyber Electromagnetic Activities (CEMA), a modern approach to electronic warfare that integrates cyber capabilities.
“Our targeted acquisition of TEKNE exemplifies our commitment to expanding within the vital defense sector while enhancing our capabilities to address complex security challenges,” said Alessandro Zamboni, Executive Chairman of NUBURU. “By integrating TEKNE’s advanced solutions with our blue laser innovations and niche-solutions in the operational resilience space, we are poised to deliver cutting-edge products that meet the ever-evolving needs within the $500 billion defense industry and the emerging regulatory requirements in the security market.”
By leveraging the existing TEKNE robust order backlog totaling $309 million and the potential synergies with “platform as a service” business models, NUBURU is well-positioned to ensure operational efficiencies and accelerate its growth in critical industries, creating value for its shareholders.
About NUBURU
NUBURU, Inc. was founded in 2015 as a developer and manufacturer of industrial blue laser technology that is transforming the speed and quality of laser-based manufacturing. Under its new management team led by Executive Chairman Alessandro Zamboni, NUBURU is executing a comprehensive growth and diversification strategy, expanding into complementary domains such as defense-tech, security, and operational resilience solutions. NUBURU is leveraging strategic partnerships and acquisitions to accelerate growth in high-value sectors. For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company’s acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not give any assurance that it will achieve its expected results. The Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
Contacts
NUBURU, Inc. (NYSE American: BURU)
Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
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