Thunderstruck
1 day ago
AND TODAY THIS!!!!!!!!!!!!!!!!!!!!!!!
$BURU NEWS: NUBURU Advances Joint Development Agreement to Innovate Laser Applications in Defense Sector
Business Wire
Tue, April 1, 2025 at 8:30 AM EDT 5 min read
In This Article:
BURU, BURUW
NUBURU to Leverage Laser Technology Know-How to Develop Cutting-Edge Solutions for Defense Applications
CENTENNIAL, Colo., April 01, 2025--(BUSINESS WIRE)--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.
Trooperstocks
1 day ago
$BURU NEWS: NUBURU Advances Joint Development Agreement to Innovate Laser Applications in Defense Sector
Business Wire
Tue, April 1, 2025 at 8:30 AM EDT 5 min read
In This Article:
BURU, BURUW
NUBURU to Leverage Laser Technology Know-How to Develop Cutting-Edge Solutions for Defense Applications
CENTENNIAL, Colo., April 01, 2025--(BUSINESS WIRE)--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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401785384/en/
Contacts
Investor Relations: alessandro.zamboni@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
News
Market Data
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
tdbowieknife
6 hours ago
havnagoodtime
7 hours ago
TenKay
7 hours ago
firebag1
2 weeks ago
