NUBURU
Advances Joint Development Agreement to Innovate Laser Applications
in Defense Sector
NUBURU
to Leverage Laser Technology Know-How to Develop Cutting-Edge
Solutions for Defense Applications
CENTENNIAL, CO -- April 1, 2025 --
InvestorsHub NewsWire -- NUBURU, Inc. (NYSE
American: BURU), a leader in high-power and high-brightness
industrial blue laser technology, is excited to announce the
signing of a Joint-Pursuit Agreement (JPA) with a defense-tech
company, marking a significant milestone in its strategic expansion
into the defense sector. This agreement follows the successful
completion of an initial 20% acquisition interest in a defense and
security hub, announced on March 12, 2025.
This endeavor is expected to bolster NUBURU's engagement with its
current defense-tech client portfolio, which comprises
approximately 60 clients across seven countries including the USA,
Italy, and UAE. With a robust backlog of orders totaling $309
million, and options for an additional $181 million, NUBURU aims to
capitalize on these opportunities to accelerate its growth
trajectory in critical industries.
As part of this JPA, NUBURU will integrate its assets—including
expertise, experience, trade secrets, trademarks, and intellectual
property related to laser technology—while the defense-tech company
will contribute its deep-rooted knowledge in developing vehicles,
equipment, and electronic systems suitable for heavy-duty
applications within the defense industry. This synergistic
collaboration aims to create advanced laser-tech-based products
designed specifically for defense applications, ensuring that
NUBURU retains ownership of all Developed Intellectual Property
while granting the defense-tech company a perpetual, royalty-free
license to utilize it.
Potential applications for the new products developed under this
partnership include Directed Energy Weapons (DEWs) for anti-drone
measures and sophisticated Surveillance and Reconnaissance systems
utilizing LIDAR technology.
"Our partnership with the undisclosed
defense-tech company represents an exciting step forward in
executing our comprehensive Transformation Plan," said
Alessandro Zamboni, Executive Chairman of NUBURU. "By leveraging our expertise in laser
technology and the defense-tech company's industry insights, we are
positioned to streamline our offerings within this vital sector
efficiently. This collaboration not only enhances our capabilities
but also opens new avenues for growth, aligning perfectly with our
vision to establish synergies across our acquisitions."
Moreover, NUBURU plans to integrate cutting-edge advancements in
artificial intelligence and robotic process automation into its
operations together with innovative fintech platforms. The earlier
announced partnership with COEPTIS' NexGenAI Affiliates Network and
the strategic investment in Supply@ME Capital Plc exemplify this
strategy, further enhancing NUBURU's ability to innovate within its
marketing and B2B sales processes and optimizing its working
capital needs by accessing to an innovative off-balance sheet
solution, aimed at maintaining competitive inventory levels to
support its businesses.
As NUBURU progresses in its acquisition strategy, it reiterates its
commitment to providing innovative solutions tailored to the
evolving needs of key sectors, specifically defense and
security.
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. Headquartered in Centennial,
Colorado, 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.
NUBURU, Inc. (NYSE:
BURU)
Investor Relations: alessandro.zamboni@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net