Trooperstocks
6時間前
$BURU News: NUBURU Anticipates Stockholders' Equity to Materially Exceed NYSE American Requirement Based on Preliminary May 31 Review
Preliminary May 31 assessment indicates stockholders' equity materially above the $4.0 million NYSE American continued-listing threshold
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a next-generation dual-use Defense & Security integrated platform company, today announced that, based on preliminary, unaudited accounting data as of May 31, 2026, the Company expects its stockholders' equity to materially exceed the $4.0 million stockholders' equity requirement applicable under the NYSE American continued-listing rules for companies with a history of losses.
The Company believes this positive development reflects the balance-sheet impact of its ongoing use of equity and equity-linked capital as part of a broader effort to reduce debt and preferred-share obligations, strengthen common equity, support strategic acquisitions and operations, and advance the Company's industrial transformation.
Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer of NUBURU, commented:
"We understand from our ongoing dialogue with investors that dilution is an important focus, and we do not dismiss it. At the same time, share count alone does not tell the full story. Dilution is not always negative when issuances are used to reduce debt, reduce preferred-share obligations, strengthen equity and fund assets that can transform the business. Our priority is to convert this capital-structure work into measurable outcomes under the transformation plan -- including with respect to our investments in Lyocon, Orbit, SunCubes, Tekne and the broader software-defined dual-use Defense & Security platform. We remain focused on creating value for our stockholders and deeply appreciate their support as we continue to pursue the consummation of the Tekne transaction."
Progress Under the NYSE American Compliance Plan
As previously announced, on May 12, 2026, NUBURU received a notice from NYSE American that it was not in compliance with Section 1003(a)(ii) of the NYSE American Company Guide, which requires stockholders' equity of at least $4.0 million for a company with a history of losses. NYSE American did not require a new compliance plan, and NUBURU continues to operate under its previously announced plan through October 29, 2026.
Based on its preliminary May 31 review, NUBURU believes its stockholders' equity materially exceeds the applicable NYSE American requirement. However, NUBURU has not yet received notice from NYSE American that it has regained compliance. The Company's securities remain subject to the existing compliance plan and the '.BC' designation, and the determination of compliance rests solely with NYSE American following its review of the Company's final financial information and continued progress under the plan.
Preliminary and Unaudited Information
The preliminary May 31, 2026 stockholders' equity assessment in this release was prepared by the Company's accounting team on a preliminary, combined consolidated basis. Consolidation adjustments and eliminations, valuation work, close procedures and management, Audit Committee and independent auditor review remain pending. This release does not present all line items or disclosures required by U.S. GAAP and should not be considered a substitute for the Company's complete financial statements filed with the Securities and Exchange Commission. Final results may differ, potentially materially, from the preliminary assessment described in this release.
About NUBURU, Inc.
NUBURU, Inc. (NYSE American: BURU) is a next-generation dual-use Defense & Security integrated platform company delivering software-orchestrated, hardware-enabled capabilities for defense and security, critical-infrastructure and digital-resilience markets. Its platform strategy includes directed-energy and non-kinetic effects, electronic warfare and CEMA, defense mobility, operational-resilience software, and advanced deployable manufacturing.
NUBURU is focused on strengthening its capital structure, integrating strategic investments and converting its opportunity pipeline into contractual orders and sustained revenue growth.
For more information, please visit NUBURU - Investor Relations and follow NUBURU on X at https://x.com/nuburulasers and on LinkedIn NUBURU® Inc.: Overview | LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the finalization of the Company's May 31, 2026 financial information; the Company's expected stockholders' equity and anticipated excess over the NYSE American requirement; the Company's ability to satisfy or regain compliance with NYSE American continued-listing standards; the expected balance-sheet effect of recapitalization, equity issuances, equity-linked issuances, equitization transactions, liability-management actions, debt reduction and preferred-share reduction; the expected benefits of the Company's transformation plan; the Lyocon, Orbit, SunCubes and Tekne initiatives; the timing, outcome and completion of the proposed Tekne acquisition; the Golden Power review process; access to capital; liquidity; strategic investments; integration; operating revenue; and the Company's growth plans.
These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including adjustments arising from close, consolidation, valuation, Audit Committee or independent auditor review; differences between preliminary and final stockholders' equity and other financial information; the possibility that preliminary May information may not be indicative of quarter-end or future financial results; a determination by NYSE American that the Company has not regained or maintained compliance; failure to make progress under the compliance plan; inability to access sufficient capital or financing; risks relating to outstanding indebtedness, preferred-share obligations and other liabilities; the dilutive effect of current or future issuances; adverse effects of issuances or resales on the market price of the Company's common stock; changes in fair value of debt, warrants, the SEPA liability or other instruments; liquidity constraints; the possibility that balance-sheet strengthening, equitization or liability-management actions may not support the Golden Power process as expected; delay, conditions or denial in the Golden Power process; failure to complete or finance the Tekne acquisition; inability to complete or integrate strategic investments; failure to achieve expected revenue or operating results; and other risks described in NUBURU's filings with the Securities and Exchange Commission. NUBURU undertakes no obligation to update any forward-looking statement except as required by law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities.
Contacts
Investor Relations ir@nuburu.net | Media press@nuburu.net | www.nuburu.net
https://www.businesswire.com/news/home/20260629673554/en/NUBURU-Anticipates-Stockholders-Equity-to-Materially-Exceed-NYSE-American-Requirement-Based-on-Preliminary-May-31-Review
US Market News
6時間前
NUBURU Anticipates Stockholders' Equity to Materially Exceed NYSE American Requirement Based on Preliminary May 31 ReviewJune 29, 2026 9:28 AM
Business Wire Preliminary May 31 assessment indicates stockholders' equity materially above the $4.0 million NYSE American continued-listing threshold NUBURU, Inc. (NYSE American: BURU), a next-generation dual-use Defense & Security integrated platform company, today announced that, based on preliminary, unaudited accounting data as of May 31, 2026, the Company expects its stockholders' equity to materially exceed the $4.0 million stockholders' equity requirement applicable under the NYSE American continued-listing rules for companies with a history of losses. The Company believes this positive development reflects the balance-sheet impact of its ongoing use of equity and equity-linked capital as part of a broader effort to reduce debt and preferred-share obligations, strengthen common equity, support strategic acquisitions and operations, and advance the Company's industrial transformation. Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer of NUBURU, commented: "We understand from our ongoing dialogue with investors that dilution is an important focus, and we do not dismiss it. At the same time, share count alone does not tell the full story. Dilution is not always negative when issuances are used to reduce debt, reduce preferred-share obligations, strengthen equity and fund assets that can transform the business. Our priority is to convert this capital-structure work into measurable outcomes under the transformation plan -- including with respect to our investments in Lyocon, Orbit, SunCubes, Tekne and the broader software-defined dual-use Defense & Security platform. We remain focused on creating value for our stockholders and deeply appreciate their support as we continue to pursue the consummation of the Tekne transaction." Progress Under the NYSE American Compliance Plan As previously announced, on May 12, 2026, NUBURU received a notice from NYSE American that it was not in compliance with Section 1003(a)(ii) of the NYSE American Company Guide, which requires stockholders' equity of at least $4.0 million for a company with a history of losses. NYSE American did not require a new compliance plan, and NUBURU continues to operate under its previously announced plan through October 29, 2026. Based on its preliminary May 31 review, NUBURU believes its stockholders' equity materially exceeds the applicable NYSE American requirement. However, NUBURU has not yet received notice from NYSE American that it has regained compliance. The Company's securities remain subject to the existing compliance plan and the '.BC' designation, and the determination of compliance rests solely with NYSE American following its review of the Company's final financial information and continued progress under the plan. Preliminary and Unaudited Information The preliminary May 31, 2026 stockholders' equity assessment in this release was prepared by the Company's accounting team on a preliminary, combined consolidated basis. Consolidation adjustments and eliminations, valuation work, close procedures and management, Audit Committee and independent auditor review remain pending. This release does not present all line items or disclosures required by U.S. GAAP and should not be considered a substitute for the Company's complete financial statements filed with the Securities and Exchange Commission. Final results may differ, potentially materially, from the preliminary assessment described in this release. About NUBURU, Inc. NUBURU, Inc. (NYSE American: BURU) is a next-generation dual-use Defense & Security integrated platform company delivering software-orchestrated, hardware-enabled capabilities for defense and security, critical-infrastructure and digital-resilience markets. Its platform strategy includes directed-energy and non-kinetic effects, electronic warfare and CEMA, defense mobility, operational-resilience software, and advanced deployable manufacturing. NUBURU is focused on strengthening its capital structure, integrating strategic investments and converting its opportunity pipeline into contractual orders and sustained revenue growth. For more information, please visit NUBURU - Investor Relations and follow NUBURU on X at https://x.com/nuburulasers and on LinkedIn NUBURU® Inc.: Overview | LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the finalization of the Company's May 31, 2026 financial information; the Company's expected stockholders' equity and anticipated excess over the NYSE American requirement; the Company's ability to satisfy or regain compliance with NYSE American continued-listing standards; the expected balance-sheet effect of recapitalization, equity issuances, equity-linked issuances, equitization transactions, liability-management actions, debt reduction and preferred-share reduction; the expected benefits of the Company's transformation plan; the Lyocon, Orbit, SunCubes and Tekne initiatives; the timing, outcome and completion of the proposed Tekne acquisition; the Golden Power review process; access to capital; liquidity; strategic investments; integration; operating revenue; and the Company's growth plans. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including adjustments arising from close, consolidation, valuation, Audit Committee or independent auditor review; differences between preliminary and final stockholders' equity and other financial information; the possibility that preliminary May information may not be indicative of quarter-end or future financial results; a determination by NYSE American that the Company has not regained or maintained compliance; failure to make progress under the compliance plan; inability to access sufficient capital or financing; risks relating to outstanding indebtedness, preferred-share obligations and other liabilities; the dilutive effect of current or future issuances; adverse effects of issuances or resales on the market price of the Company's common stock; changes in fair value of debt, warrants, the SEPA liability or other instruments; liquidity constraints; the possibility that balance-sheet strengthening, equitization or liability-management actions may not support the Golden Power process as expected; delay, conditions or denial in the Golden Power process; failure to complete or finance the Tekne acquisition; inability to complete or integrate strategic investments; failure to achieve expected revenue or operating results; and other risks described in NUBURU's filings with the Securities and Exchange Commission. NUBURU undertakes no obligation to update any forward-looking statement except as required by law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. View source version on businesswire.com: https://www.businesswire.com/news/home/20260629673554/en/ Investor Relations ir@nuburu.net | Media press@nuburu.net | www.nuburu.net Original: NUBURU Anticipates Stockholders' Equity to Materially Exceed NYSE American Requirement Based on Preliminary May 31 Review
Trooperstocks
1週前
$BURU News: NUBURU Advances $2.2 Million Blue-Laser Rover Opportunity, Supporting Progress Toward 2026 Revenue Targets for Its LaserTech Business Line
Proposed next-generation rover platform utilizes ten 125-watt blue-laser modules delivering 1.25 kW per vehicle; approximately $1.07 million of 2026 revenue visibility supports potential upside to approximately $2.16 million versus the $967,000 baseline outlined in NUBURU’s NYSE Business & Compliance Plan
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems and advanced manufacturing, today provided an update on the commercial pipeline of its photonics and laser activities, centered on Lyocon S.r.l. (“Lyocon”) and supported by the Company’s strategic collaboration with SunCubes S.r.l. (“SunCubes”). NUBURU refers to these activities in this release as the “LaserTech Business Line.” Management believes the commercial activity reflected in the current tracker demonstrates growing market adoption of NUBURU’s blue-laser technologies and supports continued execution of the Company’s Defense & Security platform strategy.
Within NUBURU’s platform-based operating model, Lyocon is being positioned as the NUBURU Defense & Security Platform Photonics & Laser Factory (the “Photonics & Laser Factory”): the industrial and engineering base for laser-source design, optics, electronics, module assembly, integration, testing and industrialization across industrial and autonomous-systems applications. The model is intended to allow each operating factory to generate standalone products and revenue while also contributing reusable modules to integrated, customer-specific mission packages, subject to applicable laws and regulations.
The June 30, 2026 commercial tracker for the LaserTech Business Line, reflecting Lyocon-originated commercial activity, includes an approximately $2.2 million customer quotation under evaluation for a next-generation integrated blue-laser platform for autonomous terrestrial rovers. The quotation is not a signed order, contract, backlog or recognized revenue and remains subject to final customer approval, technical and commercial agreement, delivery scheduling and applicable regulatory requirements. If awarded, the tracker assumes that the opportunity would be staged between the fourth quarter of 2026 and the first quarter of 2027.
Commercial Pipeline: $1.07M Visibility and up to $2.16M Best-Case 2026 Scenario
NUBURU is updating the market on the LaserTech Business Line’s unaudited commercial tracker as of June 30, 2026. Unless otherwise indicated, euro-denominated amounts have been converted to U.S. dollars for convenience using a euro-to-dollar reference rate of 1.1591. The tracker is management information derived from local accounting records and local-GAAP/local statutory-accounting inputs; it has not been audited, reviewed, consolidated or converted/reconciled to U.S. GAAP.
Base 2026 visibility: approximately $1.02 million, increasing to approximately $1.07 million including planned consulting at the maximum level currently reflected in the tracker.
Best-case 2026 tracker scenario: up to approximately $2.16 million if quotations under evaluation are awarded and the applicable 2026 portion is delivered, consolidated and recognized in the expected period.
Quotations under evaluation: approximately $2.39 million in aggregate, including the approximately $2.2 million autonomous-rover opportunity. Quotations are not signed orders and may not convert.
NUBURU believes these figures demonstrate increasing commercial traction within its Photonics & Laser Factory and provide a foundation for future growth as customer quotations advance toward potential orders and deployments, while preserving a clear distinction between current visibility and potential upside. The Company is not providing new consolidated revenue guidance through this update.
Proposed Next-Generation Blue-Laser Rover Configuration
The current customer proposal contemplates ten 125-watt blue-laser modules installed on each rover, for a total proposed installed laser power of 1.25 kW per vehicle. Rover is a customer-developed autonomous ground vehicle, or UGV, incorporating the Photonics & Laser Factory’s blue-laser modules.
The configuration is being developed as a second-generation, customer-driven platform based in part on products previously delivered to the customer and an ongoing commercial relationship that has existed between Lyocon and the customer since 2025.
The proposed scope includes customer-specific integration and product enhancements intended to support repeatable industrial deployment. NUBURU believes the opportunity demonstrates how its Photonics & Laser Factory can evolve from supplying individual laser units to delivering engineered laser subsystems for autonomous platforms, creating opportunities for larger and more integrated commercial deployments, subject to customer approval, validation and a definitive order.
The quotation is currently centered on Lyocon’s laser and photonics scope. Any future incorporation of Orbit software, SunCubes beam-control or optical-power technologies, Tekne mobility assets or other NUBURU platform modules would require separate customer requirements, technical validation, contractual scope and applicable approvals.
Building the NUBURU Defense & Security Platform Through Specialized Technology Factories
NUBURU’s acquisition and partnership strategy is intended to create an integrated operating system rather than a portfolio of disconnected assets. The Company refers to this as a technology-factory model: each factory owns a defined technical domain and execution responsibility, while NUBURU will coordinate platform architecture and roadmap, commercialization, governance-risk-compliance and customer-specific integration.
Lyocon - Photonics & Laser Factory: NUBURU completed the acquisition of Lyocon in January 2026. Lyocon is intended to provide laser sources, optics, electronics, photonics integration, module engineering, test, validation and industrialization for industrial, non-kinetic, autonomous-systems and optical-power applications.
Orbit - Software & Orchestration Factory: following the January 2026 change of control, NUBURU consolidates Orbit’s operations while holding an approximate 22% equity interest and pursuing the contractual path toward full ownership by year-end. Orbit is intended to provide workflow orchestration, data integration, validation, human authorization, audit-ready evidence and governed API connectivity.
Maddox joint venture - Deployable Manufacturing & Sustainment Factory: the U.S. joint venture is intended to develop mobile additive-manufacturing and field-sustainment capabilities for mission-critical components and autonomous-systems support, subject to program execution and applicable controls. Under ITAR requirements, it is expected that the outcome of the joint venture will also be utilized in Italy to serve the addressable NATO market.
Tekne - Defense Mobility, EW/CEMA & Systems Integration Factory: subject to completion of the proposed 70% acquisition, Golden Power authorization and other closing conditions, Tekne is expected to provide special vehicles, electronic-warfare and CEMA capabilities, industrial scale and hardware-vector integration.
SunCubes - Beam-Control and Optical-Power Technology Layer: SunCubes is a strategic technology partner and prospective minority investment, not currently a NUBURU-owned factory. Subject to definitive agreements and approvals, SunCubes is expected to contribute beam direction, pointing, tracking, safety and optical power-management technologies.
The factory labels and the “LaserTech Business Line” designation describe NUBURU’s strategic operating and commercial model and do not establish or announce new reportable segments. In its Form 10-Q for the quarter ended March 31, 2026, NUBURU reported one reportable segment and disclosed that integration of the acquired businesses remains ongoing.
Adjacent Growth Pathway: Underwater Autonomy and Optical Power
The same photonics-factory model is intended to support emerging underwater and blue-green optical applications. Under the NUBURU-SunCubes framework, Lyocon is expected to support design of the blue-laser technology layer for potential integration into SunCubes’ DEEP LIGHT underwater wireless-power platform, subject to definitive agreements, technical validation, customer requirements and regulatory approvals.
For market-framing purposes, NUBURU’s prior laser-strategy update cited independent estimates of approximately $4.64 billion for the autonomous underwater vehicle market by 2030 and approximately $4.3 billion for the underwater wireless communication market by 2030. NUBURU combined those estimates into an illustrative 2030 TAM of approximately $8.9 billion, an illustrative SAM of approximately $4.3 billion and an illustrative SOM sensitivity of approximately $20 million to $90 million. These figures are market-sizing indicators only, not revenue forecasts or guidance.
NUBURU’s NYSE Business & Compliance Plan Baseline and Defense Upside
For comparison, NUBURU refers to NUBURU’s NYSE Business & Compliance Plan, meaning the business plan and related financial projections prepared by the Company and submitted to NYSE Regulation, and subsequently updated, to explain the actions and financial path by which NUBURU intends to regain compliance with NYSE American’s minimum stockholders’ equity continued-listing standards.
The initial plan was submitted on May 29, 2025 in response to NYSE American’s April 29, 2025 stockholders’ equity notice. NYSE American accepted the plan on July 22, 2025 and granted a compliance period through October 29, 2026. The plan was not prepared by NYSE American, and its acceptance does not constitute NYSE American approval or endorsement of the Company’s projections. Its laser-technology revenue line is approximately $967,000 in 2026, $2.03 million in 2027, $3.33 million in 2028 and $4.34 million in 2029. NUBURU believes the current LaserTech Business Line tracker demonstrates meaningful progress toward the 2026 revenue objectives outlined in the Company’s NYSE Business & Compliance Plan while also highlighting additional commercial opportunities not originally reflected in those projections.
NUBURU also believes this baseline was built from original Lyocon standalone inputs that did not fully reflect the defense opportunities now becoming more evident through NUBURU’s strategy, including counter-UAS optical-defense systems, autonomous-rover and unmanned-platform applications, Laser Arm and optical-power concepts, underwater autonomy and Orbit-governed mission packages. Those opportunities may create upside only if they become validated customer programs, are contracted and delivered, and are recognized under U.S. GAAP.
All tracker, quotation and plan metrics originating from Lyocon or other local operating inputs are prepared on a local-GAAP/statutory or management basis. They remain subject to conversion of quotations into customer orders, technical validation, transaction completion, consolidation, purchase-accounting and intercompany-elimination analyses, local GAAP-to-U.S. GAAP conversion and reconciliation, audit or review procedures, revenue-recognition analysis, currency effects, export controls, regulatory approvals and other assumptions.
Management Commentary
Dario Barisoni, Co-CEO of NUBURU, CEO of NUBURU Defense LLC and Chairman of Lyocon, commented:
“The proposed rover configuration is a practical example of our factory-to-platform strategy: ten 125-watt blue-laser modules and 1.25 kW of installed laser power per vehicle, engineered around a customer’s autonomous platform. Lyocon owns the laser execution. The broader NUBURU platform will add software governance, beam control, mobility and sustainment for our customer base. We believe opportunities such as this demonstrate increasing customer demand for blue-laser-enabled autonomous systems and further validate the commercial potential of our LaserTech Business Line.”
Paola Zanzola, Executive Director of Lyocon, commented:
“Lyocon is focused on converting photonics know-how into reliable, manufacturable modules and integrated systems. The commercial tracker reflects an operating base for 2026, while the rover proposal demonstrates how our engineering, electronics, optical integration and testing capabilities can support a larger autonomous-platform program if the customer proceeds.”
No Guidance; Local-GAAP Tracker Subject to U.S. GAAP Conversion and Audit
All commercial pipeline information in this release is unaudited management information and is presented for market context only. Lyocon tracker and plan-related figures are derived from local-GAAP/statutory or management records, translated into U.S. dollars for convenience, and have not been audited, reviewed, consolidated or converted/reconciled to U.S. GAAP. Quotations under evaluation, including the approximately $2.2 million rover quotation, are not purchase orders, signed contracts, backlog or recognized revenue. The strategic factory labels and the "LaserTech Business Line" designation are operating descriptors and do not constitute new financial-reporting segments or segment guidance. NUBURU's NYSE Business & Compliance Plan was prepared for exchange-listing compliance purposes; its projections are not current consolidated guidance, and NYSE American's acceptance of the plan does not constitute approval or endorsement of those projections.
The Company's ability to convert quotations into orders and revenue will depend on customer decisions, technical validation, definitive contracts, delivery, acceptance, invoicing, regulatory and export-control approvals, working-capital availability, supply-chain performance, U.S. GAAP revenue-recognition analysis and other factors. Actual results may differ materially from the projections in NUBURU's NYSE Business & Compliance Plan, the current tracker, the best-case tracker scenario, the market-sizing framework and other metrics described in this release.
About Nuburu, Inc
NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical-infrastructure and digital-resilience markets. NUBURU organizes its strategy around specialized technology factories and integration layers that can deliver standalone value and combine into customer-specific mission packages, including:
directed-energy and non-kinetic effects systems and products, including optical deterrence, counter-drone and future directed-energy capabilities;
electronic warfare, cyber and electromagnetic activities, spectrum operations and defense-mobility programs;
operational-resilience software, workflow orchestration, data integration, decision support, auditability and governed APIs; and
advanced manufacturing, deployable production, field sustainment and hardware-vector integration.
NUBURU is focused on the commercial rollout of its products and systems and on converting its opportunity pipeline into contractual orders and sustainable revenue growth. For more information, please visit www.nuburu.net and follow NUBURU on X at https://x.com/nuburulasers.
About Nuburu Defense LLC
A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital-resilience markets, supporting the NUBURU Defense & Security Platform strategy.
About Lyocon S.r.l.
NUBURU, through Nuburu Subsidiary, Inc., fully owns Lyocon S.r.l., an Italian laser-engineering and photonics company specializing in advanced laser sources, optics, electronics, customized laser platforms, system integration and testing. Lyocon serves as the industrial base for NUBURU's reactivated and expanded blue-laser business and is being positioned as the Photonics & Laser Factory within the NUBURU Defense & Security Platform operating model.
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 may be forward-looking statements, identified by words such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "target," "project," "could," "would," "continue," "forecast," or their negatives or variations.
Forward-looking statements in this release include, without limitation, statements regarding the approximately $2.2 million rover quotation and its potential conversion, timing, configuration, delivery and revenue recognition; the proposed ten-module and 1.25 kW-per-rover architecture; Lyocon's commercial tracker, revenue visibility and quotations; NUBURU's NYSE Business & Compliance Plan, the actions contemplated by it, the Company's ability to regain compliance with NYSE American's continued-listing standards and potential defense upside; the conversion of local-GAAP/statutory or management information to U.S. GAAP; NUBURU's technology-factory model and the roles of Lyocon, Orbit, Maddox, Tekne and SunCubes; the reassessment of operating and reportable segments; the potential acquisition of remaining Orbit interests; the proposed Tekne transaction and Golden Power process; the SunCubes relationship, investment pathway, beam-control, power-beaming and DEEP LIGHT activities; underwater autonomy and market-sizing assumptions; and NUBURU's ability to integrate, commercialize and industrialize platform mission packages.
These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including customer rejection, delay, cancellation or modification of quotations; failure to execute definitive contracts; technical-validation or acceptance failures; changes in the proposed rover configuration; production or supply-chain delays; working-capital constraints; differences between local GAAP/statutory or management information and U.S. GAAP; audit or review adjustments; foreign-currency effects; purchase-accounting, consolidation and intercompany-elimination adjustments; revenue-recognition timing; failure to complete acquisitions, investments or integration plans; changes in control or segment-reporting conclusions; failure to obtain Golden Power, export-control, dual-use, safety, cybersecurity or other approvals; inability to realize expected synergies; changes in defense budgets or procurement priorities; capital-market conditions; inability to execute the actions contemplated by NUBURU's NYSE Business & Compliance Plan or regain compliance with applicable securities-exchange listing standards within the applicable period; and other risks detailed in the Company's SEC filings, including its most recent Form 10-K and Form 10-Q. Readers should not place undue reliance on these statements, which speak only as of the date made. NUBURU undertakes no obligation to update or revise them, except as required by law.
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities.
Contacts
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
US Market News
1週前
NUBURU Advances $2.2 Million Blue-Laser Rover Opportunity, Supporting Progress Toward 2026 Revenue Targets for Its LaserTech Business LineJune 22, 2026 8:40 AM
Business Wire Proposed next-generation rover platform utilizes ten 125-watt blue-laser modules delivering 1.25 kW per vehicle; approximately $1.07 million of 2026 revenue visibility supports potential upside to approximately $2.16 million versus the $967,000 baseline outlined in NUBURU’s NYSE Business & Compliance Plan NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems and advanced manufacturing, today provided an update on the commercial pipeline of its photonics and laser activities, centered on Lyocon S.r.l. (“Lyocon”) and supported by the Company’s strategic collaboration with SunCubes S.r.l. (“SunCubes”). NUBURU refers to these activities in this release as the “LaserTech Business Line.” Management believes the commercial activity reflected in the current tracker demonstrates growing market adoption of NUBURU’s blue-laser technologies and supports continued execution of the Company’s Defense & Security platform strategy. Within NUBURU’s platform-based operating model, Lyocon is being positioned as the NUBURU Defense & Security Platform Photonics & Laser Factory (the “Photonics & Laser Factory”): the industrial and engineering base for laser-source design, optics, electronics, module assembly, integration, testing and industrialization across industrial and autonomous-systems applications. The model is intended to allow each operating factory to generate standalone products and revenue while also contributing reusable modules to integrated, customer-specific mission packages, subject to applicable laws and regulations. The June 30, 2026 commercial tracker for the LaserTech Business Line, reflecting Lyocon-originated commercial activity, includes an approximately $2.2 million customer quotation under evaluation for a next-generation integrated blue-laser platform for autonomous terrestrial rovers. The quotation is not a signed order, contract, backlog or recognized revenue and remains subject to final customer approval, technical and commercial agreement, delivery scheduling and applicable regulatory requirements. If awarded, the tracker assumes that the opportunity would be staged between the fourth quarter of 2026 and the first quarter of 2027. Commercial Pipeline: $1.07M Visibility and up to $2.16M Best-Case 2026 Scenario NUBURU is updating the market on the LaserTech Business Line’s unaudited commercial tracker as of June 30, 2026. Unless otherwise indicated, euro-denominated amounts have been converted to U.S. dollars for convenience using a euro-to-dollar reference rate of 1.1591. The tracker is management information derived from local accounting records and local-GAAP/local statutory-accounting inputs; it has not been audited, reviewed, consolidated or converted/reconciled to U.S. GAAP. Base 2026 visibility: approximately $1.02 million, increasing to approximately $1.07 million including planned consulting at the maximum level currently reflected in the tracker. Best-case 2026 tracker scenario: up to approximately $2.16 million if quotations under evaluation are awarded and the applicable 2026 portion is delivered, consolidated and recognized in the expected period. Quotations under evaluation: approximately $2.39 million in aggregate, including the approximately $2.2 million autonomous-rover opportunity. Quotations are not signed orders and may not convert. NUBURU believes these figures demonstrate increasing commercial traction within its Photonics & Laser Factory and provide a foundation for future growth as customer quotations advance toward potential orders and deployments, while preserving a clear distinction between current visibility and potential upside. The Company is not providing new consolidated revenue guidance through this update. Proposed Next-Generation Blue-Laser Rover Configuration The current customer proposal contemplates ten 125-watt blue-laser modules installed on each rover, for a total proposed installed laser power of 1.25 kW per vehicle. Rover is a customer-developed autonomous ground vehicle, or UGV, incorporating the Photonics & Laser Factory’s blue-laser modules. The configuration is being developed as a second-generation, customer-driven platform based in part on products previously delivered to the customer and an ongoing commercial relationship that has existed between Lyocon and the customer since 2025. The proposed scope includes customer-specific integration and product enhancements intended to support repeatable industrial deployment. NUBURU believes the opportunity demonstrates how its Photonics & Laser Factory can evolve from supplying individual laser units to delivering engineered laser subsystems for autonomous platforms, creating opportunities for larger and more integrated commercial deployments, subject to customer approval, validation and a definitive order. The quotation is currently centered on Lyocon’s laser and photonics scope. Any future incorporation of Orbit software, SunCubes beam-control or optical-power technologies, Tekne mobility assets or other NUBURU platform modules would require separate customer requirements, technical validation, contractual scope and applicable approvals. Building the NUBURU Defense & Security Platform Through Specialized Technology Factories NUBURU’s acquisition and partnership strategy is intended to create an integrated operating system rather than a portfolio of disconnected assets. The Company refers to this as a technology-factory model: each factory owns a defined technical domain and execution responsibility, while NUBURU will coordinate platform architecture and roadmap, commercialization, governance-risk-compliance and customer-specific integration. Lyocon - Photonics & Laser Factory: NUBURU completed the acquisition of Lyocon in January 2026. Lyocon is intended to provide laser sources, optics, electronics, photonics integration, module engineering, test, validation and industrialization for industrial, non-kinetic, autonomous-systems and optical-power applications. Orbit - Software & Orchestration Factory: following the January 2026 change of control, NUBURU consolidates Orbit’s operations while holding an approximate 22% equity interest and pursuing the contractual path toward full ownership by year-end. Orbit is intended to provide workflow orchestration, data integration, validation, human authorization, audit-ready evidence and governed API connectivity. Maddox joint venture - Deployable Manufacturing & Sustainment Factory: the U.S. joint venture is intended to develop mobile additive-manufacturing and field-sustainment capabilities for mission-critical components and autonomous-systems support, subject to program execution and applicable controls. Under ITAR requirements, it is expected that the outcome of the joint venture will also be utilized in Italy to serve the addressable NATO market. Tekne - Defense Mobility, EW/CEMA & Systems Integration Factory: subject to completion of the proposed 70% acquisition, Golden Power authorization and other closing conditions, Tekne is expected to provide special vehicles, electronic-warfare and CEMA capabilities, industrial scale and hardware-vector integration. SunCubes - Beam-Control and Optical-Power Technology Layer: SunCubes is a strategic technology partner and prospective minority investment, not currently a NUBURU-owned factory. Subject to definitive agreements and approvals, SunCubes is expected to contribute beam direction, pointing, tracking, safety and optical power-management technologies. The factory labels and the “LaserTech Business Line” designation describe NUBURU’s strategic operating and commercial model and do not establish or announce new reportable segments. In its Form 10-Q for the quarter ended March 31, 2026, NUBURU reported one reportable segment and disclosed that integration of the acquired businesses remains ongoing. Adjacent Growth Pathway: Underwater Autonomy and Optical Power The same photonics-factory model is intended to support emerging underwater and blue-green optical applications. Under the NUBURU-SunCubes framework, Lyocon is expected to support design of the blue-laser technology layer for potential integration into SunCubes’ DEEP LIGHT underwater wireless-power platform, subject to definitive agreements, technical validation, customer requirements and regulatory approvals. For market-framing purposes, NUBURU’s prior laser-strategy update cited independent estimates of approximately $4.64 billion for the autonomous underwater vehicle market by 2030 and approximately $4.3 billion for the underwater wireless communication market by 2030. NUBURU combined those estimates into an illustrative 2030 TAM of approximately $8.9 billion, an illustrative SAM of approximately $4.3 billion and an illustrative SOM sensitivity of approximately $20 million to $90 million. These figures are market-sizing indicators only, not revenue forecasts or guidance. NUBURU’s NYSE Business & Compliance Plan Baseline and Defense Upside For comparison, NUBURU refers to NUBURU’s NYSE Business & Compliance Plan, meaning the business plan and related financial projections prepared by the Company and submitted to NYSE Regulation, and subsequently updated, to explain the actions and financial path by which NUBURU intends to regain compliance with NYSE American’s minimum stockholders’ equity continued-listing standards. The initial plan was submitted on May 29, 2025 in response to NYSE American’s April 29, 2025 stockholders’ equity notice. NYSE American accepted the plan on July 22, 2025 and granted a compliance period through October 29, 2026. The plan was not prepared by NYSE American, and its acceptance does not constitute NYSE American approval or endorsement of the Company’s projections. Its laser-technology revenue line is approximately $967,000 in 2026, $2.03 million in 2027, $3.33 million in 2028 and $4.34 million in 2029. NUBURU believes the current LaserTech Business Line tracker demonstrates meaningful progress toward the 2026 revenue objectives outlined in the Company’s NYSE Business & Compliance Plan while also highlighting additional commercial opportunities not originally reflected in those projections. NUBURU also believes this baseline was built from original Lyocon standalone inputs that did not fully reflect the defense opportunities now becoming more evident through NUBURU’s strategy, including counter-UAS optical-defense systems, autonomous-rover and unmanned-platform applications, Laser Arm and optical-power concepts, underwater autonomy and Orbit-governed mission packages. Those opportunities may create upside only if they become validated customer programs, are contracted and delivered, and are recognized under U.S. GAAP. All tracker, quotation and plan metrics originating from Lyocon or other local operating inputs are prepared on a local-GAAP/statutory or management basis. They remain subject to conversion of quotations into customer orders, technical validation, transaction completion, consolidation, purchase-accounting and intercompany-elimination analyses, local GAAP-to-U.S. GAAP conversion and reconciliation, audit or review procedures, revenue-recognition analysis, currency effects, export controls, regulatory approvals and other assumptions. Management Commentary Dario Barisoni, Co-CEO of NUBURU, CEO of NUBURU Defense LLC and Chairman of Lyocon, commented: “The proposed rover configuration is a practical example of our factory-to-platform strategy: ten 125-watt blue-laser modules and 1.25 kW of installed laser power per vehicle, engineered around a customer’s autonomous platform. Lyocon owns the laser execution. The broader NUBURU platform will add software governance, beam control, mobility and sustainment for our customer base. We believe opportunities such as this demonstrate increasing customer demand for blue-laser-enabled autonomous systems and further validate the commercial potential of our LaserTech Business Line.” Paola Zanzola, Executive Director of Lyocon, commented: “Lyocon is focused on converting photonics know-how into reliable, manufacturable modules and integrated systems. The commercial tracker reflects an operating base for 2026, while the rover proposal demonstrates how our engineering, electronics, optical integration and testing capabilities can support a larger autonomous-platform program if the customer proceeds.” No Guidance; Local-GAAP Tracker Subject to U.S. GAAP Conversion and Audit All commercial pipeline information in this release is unaudited management information and is presented for market context only. Lyocon tracker and plan-related figures are derived from local-GAAP/statutory or management records, translated into U.S. dollars for convenience, and have not been audited, reviewed, consolidated or converted/reconciled to U.S. GAAP. Quotations under evaluation, including the approximately $2.2 million rover quotation, are not purchase orders, signed contracts, backlog or recognized revenue. The strategic factory labels and the "LaserTech Business Line" designation are operating descriptors and do not constitute new financial-reporting segments or segment guidance. NUBURU's NYSE Business & Compliance Plan was prepared for exchange-listing compliance purposes; its projections are not current consolidated guidance, and NYSE American's acceptance of the plan does not constitute approval or endorsement of those projections. The Company's ability to convert quotations into orders and revenue will depend on customer decisions, technical validation, definitive contracts, delivery, acceptance, invoicing, regulatory and export-control approvals, working-capital availability, supply-chain performance, U.S. GAAP revenue-recognition analysis and other factors. Actual results may differ materially from the projections in NUBURU's NYSE Business & Compliance Plan, the current tracker, the best-case tracker scenario, the market-sizing framework and other metrics described in this release. About Nuburu, Inc NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical-infrastructure and digital-resilience markets. NUBURU organizes its strategy around specialized technology factories and integration layers that can deliver standalone value and combine into customer-specific mission packages, including: directed-energy and non-kinetic effects systems and products, including optical deterrence, counter-drone and future directed-energy capabilities; electronic warfare, cyber and electromagnetic activities, spectrum operations and defense-mobility programs; operational-resilience software, workflow orchestration, data integration, decision support, auditability and governed APIs; and advanced manufacturing, deployable production, field sustainment and hardware-vector integration. NUBURU is focused on the commercial rollout of its products and systems and on converting its opportunity pipeline into contractual orders and sustainable revenue growth. For more information, please visit www.nuburu.net and follow NUBURU on X at https://x.com/nuburulasers. About Nuburu Defense LLC A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital-resilience markets, supporting the NUBURU Defense & Security Platform strategy. About Lyocon S.r.l. NUBURU, through Nuburu Subsidiary, Inc., fully owns Lyocon S.r.l., an Italian laser-engineering and photonics company specializing in advanced laser sources, optics, electronics, customized laser platforms, system integration and testing. Lyocon serves as the industrial base for NUBURU's reactivated and expanded blue-laser business and is being positioned as the Photonics & Laser Factory within the NUBURU Defense & Security Platform operating model. 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 may be forward-looking statements, identified by words such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "target," "project," "could," "would," "continue," "forecast," or their negatives or variations. Forward-looking statements in this release include, without limitation, statements regarding the approximately $2.2 million rover quotation and its potential conversion, timing, configuration, delivery and revenue recognition; the proposed ten-module and 1.25 kW-per-rover architecture; Lyocon's commercial tracker, revenue visibility and quotations; NUBURU's NYSE Business & Compliance Plan, the actions contemplated by it, the Company's ability to regain compliance with NYSE American's continued-listing standards and potential defense upside; the conversion of local-GAAP/statutory or management information to U.S. GAAP; NUBURU's technology-factory model and the roles of Lyocon, Orbit, Maddox, Tekne and SunCubes; the reassessment of operating and reportable segments; the potential acquisition of remaining Orbit interests; the proposed Tekne transaction and Golden Power process; the SunCubes relationship, investment pathway, beam-control, power-beaming and DEEP LIGHT activities; underwater autonomy and market-sizing assumptions; and NUBURU's ability to integrate, commercialize and industrialize platform mission packages. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including customer rejection, delay, cancellation or modification of quotations; failure to execute definitive contracts; technical-validation or acceptance failures; changes in the proposed rover configuration; production or supply-chain delays; working-capital constraints; differences between local GAAP/statutory or management information and U.S. GAAP; audit or review adjustments; foreign-currency effects; purchase-accounting, consolidation and intercompany-elimination adjustments; revenue-recognition timing; failure to complete acquisitions, investments or integration plans; changes in control or segment-reporting conclusions; failure to obtain Golden Power, export-control, dual-use, safety, cybersecurity or other approvals; inability to realize expected synergies; changes in defense budgets or procurement priorities; capital-market conditions; inability to execute the actions contemplated by NUBURU's NYSE Business & Compliance Plan or regain compliance with applicable securities-exchange listing standards within the applicable period; and other risks detailed in the Company's SEC filings, including its most recent Form 10-K and Form 10-Q. Readers should not place undue reliance on these statements, which speak only as of the date made. NUBURU undertakes no obligation to update or revise them, except as required by law. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities. View source version on businesswire.com: https://www.businesswire.com/news/home/20260622207369/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU Advances $2.2 Million Blue-Laser Rover Opportunity, Supporting Progress Toward 2026 Revenue Targets for Its LaserTech Business Line
Trooperstocks
2週前
$BURU News: NUBURU Presents NUBURU Defense Italian Plan and Strengthens Strategic Team Following Golden Power Notification
Plan submitted in the Golden Power process and reflected in materials provided to NYSE American outlines approximately US$336.3 million of 2026–2029 projected gross revenue for the NUBURU Defense Italian plan, excludes U.S. go-to-market initiatives and supports a software-driven Defense & Security platform vision
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems, and advanced manufacturing, today presented the NUBURU Defense Italian plan following the recent Golden Power notification submitted in connection with NUBURU's planned acquisition of a controlling 70% ownership stake in Tekne S.p.A. ("Tekne"). The plan is expected to be supported by senior strategic advisers Prof. Carlo Alberto Carnevale Maffè and Gen. Pietro Serino.
NYSE: BURU NUBURU Defense Italian plan estimates US$336.3 million of 2026–2029 projected gross revenue
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The NUBURU Defense Italian plan reflects the industrial, technology and governance framework included in the Golden Power notification package and in materials provided to NYSE American. NUBURU believes the plan provides the market with a clearer view of the scale and credibility of the Company's Italy-centered Defense & Security strategy, including projected plan revenue, the expected quality of the Italian operating team, the role of senior advisers, the protection of Italian IP and the platform rationale behind recent and pending acquisitions.
NUBURU's platform vision is software-driven. The Italian plan is intended to combine industrial assets, photonics, electronic warfare, special vehicles and operational-resilience software into a common architecture in which fielded systems can become governed mission nodes, produce validated data, support human authorization, generate audit-ready records and integrate with authorized customer workflows.
Based on Company plan materials prepared in support of NUBURU's NYSE American compliance updates, NUBURU calculates that the NUBURU Defense Italian plan revenue metric represents approximately US$336.3 million of cumulative 2026-2029 projected gross revenue. The yearly figures for the NUBURU Defense Italian plan are approximately US$13.1 million in 2026, US$74.4 million in 2027, US$105.7 million in 2028 and US$143.1 million in 2029.
For clarity, the NUBURU Defense Italian plan revenue metric excludes any U.S. go-to-market initiative. This includes the current Maddox Defense joint venture, any potential U.S. commercialization of Tekne's current solutions, and the broader future NUBURU Defense & Security platform offering in the United States. Any such U.S. opportunities, if pursued, would be separate from the Italian plan metric and would be subject to applicable Italian, U.S. and other export-control, import-control, intellectual-property, end-use, security and regulatory requirements and approvals.
This calculation is intended to isolate the Italian defense platform plan within the Company plan materials. It does not represent a separate audited reporting segment, a forecast of consolidated revenues, or an ownership-adjusted amount. The metric is presented before ownership, consolidation, customer-conversion, transaction-completion, Golden Power authorization, U.S. GAAP reconciliation and other accounting or operational adjustments, and actual results may differ materially from the projections. References to materials provided to NYSE American are included solely to identify the Company plan materials used for this calculation and do not imply review, approval or endorsement of the projections by NYSE American.
Defense & Security Platform Rationale and Software-Driven Vision
This platform rationale is central to the acquisition strategy. Tekne gives NUBURU a fieldable Italian industrial base and EW/CEMA capability. Lyocon S.r.l. (“Lyocon”) gives NUBURU photonics and blue-laser engineering capacity. Orbit S.r.l. (“Orbit”) gives the software, workflow and evidence layer that can make dual-use applications scalable and auditable. SunCubes S.r.l. (“Suncubes”), if approved and completed, could add longer-term optical communications and power pathways. Together, these layers are intended to create an Italian platform capable of serving defense, security and critical-infrastructure customers where authorized.
NUBURU believes software is crucial to the dual-use strategy because software is the layer that can convert hardware and industrial capabilities into repeatable mission packages. The software layer is expected to ingest events, normalize and validate data, support decision workflows, preserve human authorization, generate audit-ready records, expose approved information to authorized systems through governed APIs and connect sustainment workflows back to customer readiness.
Orbit is expected to be the connective software layer that turns Tekne vehicles, EW/CEMA systems, Lyocon optical modules, sensor nodes, towers, sustainment assets and authorized third-party systems into coordinated, auditable mission nodes. NUBURU expects this software-first architecture to improve customer workflow integration, support evidence-based procurement and training, and create recurring software and systems-integration value around hardware deployments.
The intended operating loop is governance-led and non-operational: sense, validate, decide, authorize, act, report, sustain and learn. NUBURU does not intend this layer to replace classified tactical C2 or fire-control systems. Rather, the Company expects it to complement incumbent architectures as an integration, evidence, resilience and workflow-governance layer, subject to customer requirements, cybersecurity accreditation, export controls and applicable approvals.
Industrial and Technology Roadmap Included in the Italian Plan
The NUBURU Defense Italian plan's roadmap is organized around six non-operational capability families, each subject to customer requirements, technical validation, export controls, laser-safety review, cybersecurity accreditation, Golden Power constraints where applicable and other regulatory approvals:
Counter-UAS and non-kinetic optical defense: operator-governed, below-threshold optical and directed-energy concepts that may complement conventional kinetic defense layers.
EW/CEMA and tactical communications: Tekne electronic-warfare and CEMA capabilities, including evolution of Bolla Tattica concepts toward software-connected, resilient mission packages.
Special vehicles and mobile mission nodes: Tekne special-vehicle and defense-mobility capabilities as fieldable hardware vectors for C-UAS, EW/CEMA, command, sensor and sustainment packages.
Software orchestration: workflow, validation, authorization, audit, reporting, API and resilience capabilities designed to connect distributed mission nodes and customer systems.
Deployable manufacturing and sustainment: field support, spare-parts workflows, mission-package adaptation and sustainment concepts, with U.S. MAMC/Maddox activities treated as a separate U.S. initiative outside the Italian plan revenue metric.
Optical communications, power and underwater / space resilience: Italian R&D pathways involving Lyocon and, where approved, SunCubes, for optical communications, power-beaming concepts, underwater monitoring and infrastructure or space-resilience applications.
The plan presented in the Golden Power context is designed to preserve and expand Tekne's Italian industrial footprint across Poggiofiorito, Ortona and Guastalla; support Tekne's restructuring and expansion; protect strategic defense technologies, intellectual property and sensitive information; and strengthen governance, security and compliance safeguards. The plan also contemplates approximately EUR15.5 million of CapEx over the 2026-2030 period, primarily linked to the Ortona industrial and technology footprint, approximately +372 net direct FTE in Italy by 2030 and an estimated 500-650 additional induced jobs in Abruzzo, subject to the plan's assumptions and execution.
Strategic Advisory Team and Execution Governance
NUBURU believes the credibility of the Italian plan is supported by the combination of projected scale, Italian industrial footprint, software-driven platform logic and senior advisory depth.
Gen. Pietro Serino, former Chief of Staff of the Italian Army and former Chief of Cabinet of the Italian Minister of Defense, is expected to support the Italian project in a strategic advisory capacity, with focus on defense doctrine, NATO alignment, institutions and transatlantic positioning.
Prof. Carlo Alberto Carnevale Maffè, Associate Professor of Practice at SDA Bocconi and Strategy Advisor to the NUBURU Group, is expected to support the Italian project with focus on platform economics, competitive intelligence, industrial governance and the value narrative for Italian intellectual property.
NUBURU expects the Italian management structure to be designed around execution quality, institutional discipline and public-company reporting standards. The expected management team is intended to include experienced executives and specialists across finance, operations, program management, quality, reporting, security, compliance, export control, technology integration and industrial execution. Specific appointments and governance roles will be determined by the competent corporate bodies after closing and in line with any Golden Power prescriptions or commitments.
NUBURU believes this combination of senior advisory credibility and management depth is central to the plan: it is intended to support Italian industrial continuity, protect sensitive information and Italian IP, and give defense and institutional customers confidence that the platform can be executed with appropriate governance, security and operational discipline.
Tekne Transaction and Working-Capital Update
NUBURU also announced that, under the SPA, NUBURU Defense has provided an additional EUR1.0 million to Tekne to support working capital, production continuity and certain orders linked to the existing Contratto di Rete / network-contract cooperation framework. This additional EUR1.0 million is in addition to the EUR1.0 million advance provided at the signing of the SPA and is intended to help Tekne address working-capital needs and prepare for closing following Golden Power authorization, if obtained, subject to the applicable mechanics and limitations of the SPA and the Golden Power process.
As previously announced, the signed SPA establishes a binding path for NUBURU to acquire majority ownership and control of Tekne based on a fixed EUR52 million pre-money valuation of Tekne and a transaction structure comprising:
Capital increase and shareholder financing conversion: conversion of approximately EUR17.692 million of shareholder financing into equity, including the existing EUR16.692 million financing and the EUR1.0 million advance contemplated by the SPA, plus a cash contribution of up to EUR12.0 million as part of a EUR29.692 million capital increase, subject to the SPA mechanics and any additional interim funding adjustments.
Share purchase: a EUR5.2 million purchase of additional shares from Tekne's historical shareholders, subject to the completion of the capital increase and other closing steps.
Earn-out: a revenue-based earn-out payable to Tekne's historical shareholders equal to 5% of Tekne annual revenues, as determined under U.S. GAAP, generated from fiscal years 2027 through 2036, capped at EUR29.692 million.
Ownership target: upon completion of the transaction, NUBURU is expected to hold 70% of Tekne, potentially through an Italian acquisition vehicle, enabling majority ownership and potential consolidation within NUBURU's Defense & Security platform.
NUBURU believes these transaction, working-capital, industrial and national-interest commitments are mutually reinforcing: Italian production continuity, no planned delocalization, preservation of strategic know-how, Italian IP stewardship, dedicated Golden Power and security oversight, and the creation of an Italian platform capable of serving Italy, NATO and allied markets.
Management Commentary
Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented:
"The NUBURU Defense Italian plan is a disruptive Italy-centered industrial and technology plan that we believe can deliver significant value for Italy, NATO and allied markets."
"Prof. Carlo Alberto Carnevale Maffè and Gen. Pietro Serino add strategic, institutional, defense and platform-economics depth to the Italian plan. Together with the expected Italian management team, they support our objective of building an industrial platform in Italy with disciplined governance, protected IP and a credible execution roadmap."
Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added:
"The central idea is that software makes the platform scalable. Vehicles, EW/CEMA systems, optical modules, sensors and sustainment assets create stronger value when they are connected to a governed software layer that validates data, supports human authorization and creates auditable mission and readiness records. That is the logic that connects the acquisitions into one Defense & Security platform."
About Nuburu, Inc
NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical-infrastructure and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes:
proprietary directed-energy and non-kinetic effects systems and products, including laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone and counter-FPV systems and future directed-energy capabilities;
electronic warfare, including cyber and electromagnetic attack and protection activities (CEMA), jamming and spectrum-dominance operations, and defense mobility programs;
operational-resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and
advanced manufacturing and deployable in-field mobile production and support.
NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for its shareholders and key stakeholders. NUBURU aims to achieve this by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, with sustained revenue growth and scaling throughout 2026 and over the longer term.
For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers.
About Nuburu Defense LLC
A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital-resilience markets, supporting NUBURU's Defense & Security platform strategy.
For more information on our acquisitions, investments and joint ventures:
Orbit: www.orbitopenplatform.com - NUBURU currently holds an approximate 22.7% ownership interest in Orbit and has an agreement/path toward 100% ownership, subject to contractual conditions, corporate approvals and applicable authorizations. Orbit provides operational-resilience software, risk intelligence, data integration, workflow orchestration, auditability and decision support. Within the NUBURU Defense & Security platform, Orbit is expected to serve as the command, validation, evidence and API integration layer that connects sensors, vehicles, EW/CEMA systems, optical modules, sustainment workflows and authorized third-party systems, while complementing rather than replacing tactical C2 and classified systems.
Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne serves a well-established public-sector, defense and security customer base and is expected, upon completion of the proposed transaction, to serve as a cornerstone Italian industrial and electronic-warfare platform within NUBURU's Defense & Security strategy.
SunCubes S.r.l.: SunCubes is an Italian deep-tech company linked to the Politecnico di Milano ecosystem and focused on laser power beaming and optical communications. NUBURU Defense's preliminary minority investment pathway remains subject to due diligence, Golden Power and other applicable approvals.
Maddox Defense Incorporated Joint Venture: NUBURU, through Nuburu Defense, previously announced a contractual joint venture with Maddox Defense Incorporated. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components and defense modernization initiatives. The current Maddox JV and any future U.S. NUBURU Defense & Security platform offering are outside the NUBURU Defense Italian plan revenue metric described in this release.
About Nuburu Subsidiary, Inc
A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. ("Lyocon"), an Italian laser-technology company specializing in the design, manufacturing and integration of high-power blue-laser systems for industrial applications. Lyocon represents the core industrial platform for NUBURU's reactivated and expanded blue-laser business while simultaneously positioning the technology for dual-use industrial and defense applications.
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.
Forward-looking statements in this press release include, without limitation, statements regarding the proposed Tekne transaction; the filed Golden Power notification and the expected timing, process and outcome of the Italian Government review; potential information requests, clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities; anticipated ownership, control, potential consolidation and accounting treatment of Tekne; the NUBURU Defense Italian plan; the role, capabilities, integration pathway and potential commercial value of Orbit; the NUBURU Defense Italian plan revenue metric, including the approximately US$336.3 million cumulative 2026-2029 gross projected revenue figure, annual projected amounts and the exclusion of revenue outside the Italian plan perimeter, including any U.S. go-to-market initiatives, the current Maddox JV and any future U.S. NUBURU Defense & Security platform offering; expected transaction economics, capital deployment, earn-out terms and timing; Tekne's business plan, projected value of production, revenue and related accounting-basis assumptions; NUBURU's estimated economic exposure to projected amounts; EBITDA, backlog, new orders, customer demand, production ramp, working-capital needs, financing assumptions and growth drivers; the anticipated industrial plan, integration, platform strategy, synergies, software orchestration, mission packages and customer adoption; expectations regarding Orbit, Lyocon, SunCubes, Maddox, MAMC, Bolla Tattica, CEMA/EW, counter-UAS, power beaming, underwater communications and related technologies; the anticipated Italian management structure and advisory roles; potential additional working-capital support, including the additional EUR1.0 million described herein; employment, CapEx, IP, industrial footprint and national-interest expectations; and NUBURU's ability to strengthen its business, meet listing requirements, raise capital, execute acquisitions and joint ventures, obtain approvals and convert its opportunity pipeline into contractual orders.
These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, among other things, failure to obtain Golden Power authorization or other required approvals, the imposition of conditions or prescriptions, failure to complete the Tekne transaction or other acquisitions and investments, changes in accounting treatment or consolidation determinations, failure to achieve projected revenue, EBITDA, cash flow or employment targets, customer procurement delays or cancellations, failure to obtain expected orders, production delays, working-capital constraints, supply-chain disruptions, integration challenges, inability to recruit or retain key personnel, export-control, import-control, security, cybersecurity, safety or regulatory restrictions, intellectual-property risks, changes in defense budgets or priorities, capital-market conditions, exchange-rate fluctuations, potential dilution, liquidity constraints, NYSE American compliance risks, and other risks described in NUBURU's filings with the Securities and Exchange Commission. NUBURU undertakes no obligation to update any forward-looking statements except as required by law.
Contacts
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
US Market News
2週前
NUBURU Presents NUBURU Defense Italian Plan and Strengthens Strategic Team Following Golden Power NotificationJune 17, 2026 8:33 AM
Business Wire Plan submitted in the Golden Power process and reflected in materials provided to NYSE American outlines approximately US$336.3 million of 2026–2029 projected gross revenue for the NUBURU Defense Italian plan, excludes U.S. go-to-market initiatives and supports a software-driven Defense & Security platform vision NUBURU, Inc. (NYSE American: BURU), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems, and advanced manufacturing, today presented the NUBURU Defense Italian plan following the recent Golden Power notification submitted in connection with NUBURU's planned acquisition of a controlling 70% ownership stake in Tekne S.p.A. ("Tekne"). The plan is expected to be supported by senior strategic advisers Prof. Carlo Alberto Carnevale Maffè and Gen. Pietro Serino. The NUBURU Defense Italian plan reflects the industrial, technology and governance framework included in the Golden Power notification package and in materials provided to NYSE American. NUBURU believes the plan provides the market with a clearer view of the scale and credibility of the Company's Italy-centered Defense & Security strategy, including projected plan revenue, the expected quality of the Italian operating team, the role of senior advisers, the protection of Italian IP and the platform rationale behind recent and pending acquisitions. NUBURU's platform vision is software-driven. The Italian plan is intended to combine industrial assets, photonics, electronic warfare, special vehicles and operational-resilience software into a common architecture in which fielded systems can become governed mission nodes, produce validated data, support human authorization, generate audit-ready records and integrate with authorized customer workflows. Based on Company plan materials prepared in support of NUBURU's NYSE American compliance updates, NUBURU calculates that the NUBURU Defense Italian plan revenue metric represents approximately US$336.3 million of cumulative 2026-2029 projected gross revenue. The yearly figures for the NUBURU Defense Italian plan are approximately US$13.1 million in 2026, US$74.4 million in 2027, US$105.7 million in 2028 and US$143.1 million in 2029. For clarity, the NUBURU Defense Italian plan revenue metric excludes any U.S. go-to-market initiative. This includes the current Maddox Defense joint venture, any potential U.S. commercialization of Tekne's current solutions, and the broader future NUBURU Defense & Security platform offering in the United States. Any such U.S. opportunities, if pursued, would be separate from the Italian plan metric and would be subject to applicable Italian, U.S. and other export-control, import-control, intellectual-property, end-use, security and regulatory requirements and approvals. This calculation is intended to isolate the Italian defense platform plan within the Company plan materials. It does not represent a separate audited reporting segment, a forecast of consolidated revenues, or an ownership-adjusted amount. The metric is presented before ownership, consolidation, customer-conversion, transaction-completion, Golden Power authorization, U.S. GAAP reconciliation and other accounting or operational adjustments, and actual results may differ materially from the projections. References to materials provided to NYSE American are included solely to identify the Company plan materials used for this calculation and do not imply review, approval or endorsement of the projections by NYSE American. Defense & Security Platform Rationale and Software-Driven Vision This platform rationale is central to the acquisition strategy. Tekne gives NUBURU a fieldable Italian industrial base and EW/CEMA capability. Lyocon S.r.l. (“Lyocon”) gives NUBURU photonics and blue-laser engineering capacity. Orbit S.r.l. (“Orbit”) gives the software, workflow and evidence layer that can make dual-use applications scalable and auditable. SunCubes S.r.l. (“Suncubes”), if approved and completed, could add longer-term optical communications and power pathways. Together, these layers are intended to create an Italian platform capable of serving defense, security and critical-infrastructure customers where authorized. NUBURU believes software is crucial to the dual-use strategy because software is the layer that can convert hardware and industrial capabilities into repeatable mission packages. The software layer is expected to ingest events, normalize and validate data, support decision workflows, preserve human authorization, generate audit-ready records, expose approved information to authorized systems through governed APIs and connect sustainment workflows back to customer readiness. Orbit is expected to be the connective software layer that turns Tekne vehicles, EW/CEMA systems, Lyocon optical modules, sensor nodes, towers, sustainment assets and authorized third-party systems into coordinated, auditable mission nodes. NUBURU expects this software-first architecture to improve customer workflow integration, support evidence-based procurement and training, and create recurring software and systems-integration value around hardware deployments. The intended operating loop is governance-led and non-operational: sense, validate, decide, authorize, act, report, sustain and learn. NUBURU does not intend this layer to replace classified tactical C2 or fire-control systems. Rather, the Company expects it to complement incumbent architectures as an integration, evidence, resilience and workflow-governance layer, subject to customer requirements, cybersecurity accreditation, export controls and applicable approvals. Industrial and Technology Roadmap Included in the Italian Plan The NUBURU Defense Italian plan's roadmap is organized around six non-operational capability families, each subject to customer requirements, technical validation, export controls, laser-safety review, cybersecurity accreditation, Golden Power constraints where applicable and other regulatory approvals: Counter-UAS and non-kinetic optical defense: operator-governed, below-threshold optical and directed-energy concepts that may complement conventional kinetic defense layers. EW/CEMA and tactical communications: Tekne electronic-warfare and CEMA capabilities, including evolution of Bolla Tattica concepts toward software-connected, resilient mission packages. Special vehicles and mobile mission nodes: Tekne special-vehicle and defense-mobility capabilities as fieldable hardware vectors for C-UAS, EW/CEMA, command, sensor and sustainment packages. Software orchestration: workflow, validation, authorization, audit, reporting, API and resilience capabilities designed to connect distributed mission nodes and customer systems. Deployable manufacturing and sustainment: field support, spare-parts workflows, mission-package adaptation and sustainment concepts, with U.S. MAMC/Maddox activities treated as a separate U.S. initiative outside the Italian plan revenue metric. Optical communications, power and underwater / space resilience: Italian R&D pathways involving Lyocon and, where approved, SunCubes, for optical communications, power-beaming concepts, underwater monitoring and infrastructure or space-resilience applications. The plan presented in the Golden Power context is designed to preserve and expand Tekne's Italian industrial footprint across Poggiofiorito, Ortona and Guastalla; support Tekne's restructuring and expansion; protect strategic defense technologies, intellectual property and sensitive information; and strengthen governance, security and compliance safeguards. The plan also contemplates approximately EUR15.5 million of CapEx over the 2026-2030 period, primarily linked to the Ortona industrial and technology footprint, approximately +372 net direct FTE in Italy by 2030 and an estimated 500-650 additional induced jobs in Abruzzo, subject to the plan's assumptions and execution. Strategic Advisory Team and Execution Governance NUBURU believes the credibility of the Italian plan is supported by the combination of projected scale, Italian industrial footprint, software-driven platform logic and senior advisory depth. Gen. Pietro Serino, former Chief of Staff of the Italian Army and former Chief of Cabinet of the Italian Minister of Defense, is expected to support the Italian project in a strategic advisory capacity, with focus on defense doctrine, NATO alignment, institutions and transatlantic positioning. Prof. Carlo Alberto Carnevale Maffè, Associate Professor of Practice at SDA Bocconi and Strategy Advisor to the NUBURU Group, is expected to support the Italian project with focus on platform economics, competitive intelligence, industrial governance and the value narrative for Italian intellectual property. NUBURU expects the Italian management structure to be designed around execution quality, institutional discipline and public-company reporting standards. The expected management team is intended to include experienced executives and specialists across finance, operations, program management, quality, reporting, security, compliance, export control, technology integration and industrial execution. Specific appointments and governance roles will be determined by the competent corporate bodies after closing and in line with any Golden Power prescriptions or commitments. NUBURU believes this combination of senior advisory credibility and management depth is central to the plan: it is intended to support Italian industrial continuity, protect sensitive information and Italian IP, and give defense and institutional customers confidence that the platform can be executed with appropriate governance, security and operational discipline. Tekne Transaction and Working-Capital Update NUBURU also announced that, under the SPA, NUBURU Defense has provided an additional EUR1.0 million to Tekne to support working capital, production continuity and certain orders linked to the existing Contratto di Rete / network-contract cooperation framework. This additional EUR1.0 million is in addition to the EUR1.0 million advance provided at the signing of the SPA and is intended to help Tekne address working-capital needs and prepare for closing following Golden Power authorization, if obtained, subject to the applicable mechanics and limitations of the SPA and the Golden Power process. As previously announced, the signed SPA establishes a binding path for NUBURU to acquire majority ownership and control of Tekne based on a fixed EUR52 million pre-money valuation of Tekne and a transaction structure comprising: Capital increase and shareholder financing conversion: conversion of approximately EUR17.692 million of shareholder financing into equity, including the existing EUR16.692 million financing and the EUR1.0 million advance contemplated by the SPA, plus a cash contribution of up to EUR12.0 million as part of a EUR29.692 million capital increase, subject to the SPA mechanics and any additional interim funding adjustments. Share purchase: a EUR5.2 million purchase of additional shares from Tekne's historical shareholders, subject to the completion of the capital increase and other closing steps. Earn-out: a revenue-based earn-out payable to Tekne's historical shareholders equal to 5% of Tekne annual revenues, as determined under U.S. GAAP, generated from fiscal years 2027 through 2036, capped at EUR29.692 million. Ownership target: upon completion of the transaction, NUBURU is expected to hold 70% of Tekne, potentially through an Italian acquisition vehicle, enabling majority ownership and potential consolidation within NUBURU's Defense & Security platform. NUBURU believes these transaction, working-capital, industrial and national-interest commitments are mutually reinforcing: Italian production continuity, no planned delocalization, preservation of strategic know-how, Italian IP stewardship, dedicated Golden Power and security oversight, and the creation of an Italian platform capable of serving Italy, NATO and allied markets. Management Commentary Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented: "The NUBURU Defense Italian plan is a disruptive Italy-centered industrial and technology plan that we believe can deliver significant value for Italy, NATO and allied markets." "Prof. Carlo Alberto Carnevale Maffè and Gen. Pietro Serino add strategic, institutional, defense and platform-economics depth to the Italian plan. Together with the expected Italian management team, they support our objective of building an industrial platform in Italy with disciplined governance, protected IP and a credible execution roadmap." Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added: "The central idea is that software makes the platform scalable. Vehicles, EW/CEMA systems, optical modules, sensors and sustainment assets create stronger value when they are connected to a governed software layer that validates data, supports human authorization and creates auditable mission and readiness records. That is the logic that connects the acquisitions into one Defense & Security platform." About Nuburu, Inc NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical-infrastructure and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes: proprietary directed-energy and non-kinetic effects systems and products, including laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone and counter-FPV systems and future directed-energy capabilities; electronic warfare, including cyber and electromagnetic attack and protection activities (CEMA), jamming and spectrum-dominance operations, and defense mobility programs; operational-resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and advanced manufacturing and deployable in-field mobile production and support. NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for its shareholders and key stakeholders. NUBURU aims to achieve this by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, with sustained revenue growth and scaling throughout 2026 and over the longer term. For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers. About Nuburu Defense LLC A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital-resilience markets, supporting NUBURU's Defense & Security platform strategy. For more information on our acquisitions, investments and joint ventures: Orbit: www.orbitopenplatform.com - NUBURU currently holds an approximate 22.7% ownership interest in Orbit and has an agreement/path toward 100% ownership, subject to contractual conditions, corporate approvals and applicable authorizations. Orbit provides operational-resilience software, risk intelligence, data integration, workflow orchestration, auditability and decision support. Within the NUBURU Defense & Security platform, Orbit is expected to serve as the command, validation, evidence and API integration layer that connects sensors, vehicles, EW/CEMA systems, optical modules, sustainment workflows and authorized third-party systems, while complementing rather than replacing tactical C2 and classified systems. Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne serves a well-established public-sector, defense and security customer base and is expected, upon completion of the proposed transaction, to serve as a cornerstone Italian industrial and electronic-warfare platform within NUBURU's Defense & Security strategy. SunCubes S.r.l.: SunCubes is an Italian deep-tech company linked to the Politecnico di Milano ecosystem and focused on laser power beaming and optical communications. NUBURU Defense's preliminary minority investment pathway remains subject to due diligence, Golden Power and other applicable approvals. Maddox Defense Incorporated Joint Venture: NUBURU, through Nuburu Defense, previously announced a contractual joint venture with Maddox Defense Incorporated. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components and defense modernization initiatives. The current Maddox JV and any future U.S. NUBURU Defense & Security platform offering are outside the NUBURU Defense Italian plan revenue metric described in this release. About Nuburu Subsidiary, Inc A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. ("Lyocon"), an Italian laser-technology company specializing in the design, manufacturing and integration of high-power blue-laser systems for industrial applications. Lyocon represents the core industrial platform for NUBURU's reactivated and expanded blue-laser business while simultaneously positioning the technology for dual-use industrial and defense applications. 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. Forward-looking statements in this press release include, without limitation, statements regarding the proposed Tekne transaction; the filed Golden Power notification and the expected timing, process and outcome of the Italian Government review; potential information requests, clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities; anticipated ownership, control, potential consolidation and accounting treatment of Tekne; the NUBURU Defense Italian plan; the role, capabilities, integration pathway and potential commercial value of Orbit; the NUBURU Defense Italian plan revenue metric, including the approximately US$336.3 million cumulative 2026-2029 gross projected revenue figure, annual projected amounts and the exclusion of revenue outside the Italian plan perimeter, including any U.S. go-to-market initiatives, the current Maddox JV and any future U.S. NUBURU Defense & Security platform offering; expected transaction economics, capital deployment, earn-out terms and timing; Tekne's business plan, projected value of production, revenue and related accounting-basis assumptions; NUBURU's estimated economic exposure to projected amounts; EBITDA, backlog, new orders, customer demand, production ramp, working-capital needs, financing assumptions and growth drivers; the anticipated industrial plan, integration, platform strategy, synergies, software orchestration, mission packages and customer adoption; expectations regarding Orbit, Lyocon, SunCubes, Maddox, MAMC, Bolla Tattica, CEMA/EW, counter-UAS, power beaming, underwater communications and related technologies; the anticipated Italian management structure and advisory roles; potential additional working-capital support, including the additional EUR1.0 million described herein; employment, CapEx, IP, industrial footprint and national-interest expectations; and NUBURU's ability to strengthen its business, meet listing requirements, raise capital, execute acquisitions and joint ventures, obtain approvals and convert its opportunity pipeline into contractual orders. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, among other things, failure to obtain Golden Power authorization or other required approvals, the imposition of conditions or prescriptions, failure to complete the Tekne transaction or other acquisitions and investments, changes in accounting treatment or consolidation determinations, failure to achieve projected revenue, EBITDA, cash flow or employment targets, customer procurement delays or cancellations, failure to obtain expected orders, production delays, working-capital constraints, supply-chain disruptions, integration challenges, inability to recruit or retain key personnel, export-control, import-control, security, cybersecurity, safety or regulatory restrictions, intellectual-property risks, changes in defense budgets or priorities, capital-market conditions, exchange-rate fluctuations, potential dilution, liquidity constraints, NYSE American compliance risks, and other risks described in NUBURU's filings with the Securities and Exchange Commission. NUBURU undertakes no obligation to update any forward-looking statements except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260617450173/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU Presents NUBURU Defense Italian Plan and Strengthens Strategic Team Following Golden Power Notification
Trooperstocks
3週前
$BURU News: First application case under the NUBURU–SunCubes Head of Terms highlights NUBURU blue-laser performance, Lyocon’s manufacturing role and a multi-billion-dollar addressable and serviceable market opportunity across underwater autonomy, subsea power and maritime infrastructure
NUBURU, Through Lyocon, to Design Blue-Laser Technology for SunCubes’ DEEP LIGHT Underwater Power Platform
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU – the “Company”), a next-generation dual-use Defense & Security platform company, today announced that its recently signed Head of Terms with SunCubes S.r.l. (“SunCubes”) is expected to support a first concrete application case: the joint design of a blue-laser power-beam solution for submarine and underwater environments, with potential integration into SunCubes’ DEEP LIGHT underwater wireless power platform.
NUBURU Partners with SunCubes For Underwater Defense Technology Bringing Blue Laser Tech To The Sea
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SunCubes recently announced the award of the DEEP LIGHT project. The project has been recognized and supported by the Italian Navy through the Polo Nazionale della Dimensione Subacquea (“PNS”) as a strategic initiative for the development of national underwater technological capabilities.
Under the planned implementation, NUBURU, through Lyocon S.r.l. (“Lyocon”), its Italian laser-technology factory and photonics center of excellence, is expected to work with SunCubes to design and potentially supply the blue-laser technology layer that can be integrated into the DEEP LIGHT platform, subject to definitive agreements, technical validation, regulatory clearances and applicable customer-program requirements.
SunCubes recognizes the performance advantage that blue-laser technologies can provide in submarine environments. Under the recently signed NUBURU–SunCubes Head of Terms, the two companies are now working to define the requirements of a blue-laser-based solution that could support a new generation of underwater optical power transmission systems.
The strategic value of this first application case is not driven by the initial project size, but by the potential validation of NUBURU’s blue-laser technology quality in one of the most demanding environments for optical power transmission: the underwater domain. Underwater laser power transfer requires blue-laser-source quality, beam stability, optical efficiency, thermal reliability and precise integration with beam-control and safety systems.
NUBURU believes that the combination of its blue-laser technology and Lyocon’s manufacturing and integration capabilities with SunCubes’ technology platform positions the NUBURU group to participate in the industrialization of laser-source solutions for subsea environments, where blue and blue-green optical wavelengths may provide performance advantages for defense and commercial requirements.
SunCubes announced that DEEP LIGHT, developed in partnership with Dualee, was presented and awarded at the PNS Progress Meeting held at the Naval Support and Experimentation Center of the Marina Militare in La Spezia. The project aims to create an underwater laser-based wireless power platform for autonomous underwater systems, enabling contactless recharging and extended operations across civilian, offshore and defense applications.
DEEP LIGHT is designed around an underwater energy distribution architecture based on a high-power laser transmitter and a receiver integrated into autonomous underwater vehicles. The system is intended to operate in the blue-green optical window, optimized for marine propagation, enabling contactless underwater energy transfer over distances of several tens of meters.
Blue-laser technology offers a potential advantage for underwater optical power transmission because blue and blue-green wavelengths can experience relatively lower attenuation in water compared with many other wavelengths, depending on water conditions and system design. As a result, high-quality blue-laser sources may support more efficient underwater power delivery and optical communication in submerged environments.
Within this technological framework, the Head of Terms signed with SunCubes is intended not only to evaluate potential commercial opportunities, but also to support the joint development of next-generation high-performance subsea systems. By combining the blue-laser capabilities of the NUBURU-Lyocon platform with SunCubes’ beam-control and optical power platform, the parties intend to explore efficient and scalable solutions for underwater power transmission and other mission-critical subsea applications.
CDP-Linked Investor Ecosystem Strengthens SunCubes’ Strategic Profile
SunCubes’ investor ecosystem further reinforces the strategic relevance of the collaboration. As disclosed in NUBURU’s Form 8-K relating to the Head of Terms, SunCubes’ current investors include venture capital special purpose vehicles affiliated with CDP Venture Capital SGR S.p.A. (“CDP Venture Capital”). CDP Venture Capital is an Italian venture capital asset manager owned 70% by CDP Equity S.p.A. and 30% by Invitalia S.p.A.; CDP Equity is a holding company of the Cassa Depositi e Prestiti S.p.A. (“CDP”) group.
CDP is Italy’s National Promotional Institution and a joint-stock company under public control. Its majority shareholder is the Italian Ministry of Economy and Finance, which holds 82.77% of CDP, while foundations of banking origin hold the remaining 17.23%. CDP, CDP Equity, CDP Venture Capital and the Italian Ministry of Economy and Finance are not direct parties to the NUBURU–SunCubes Head of Terms.
NUBURU believes this CDP Venture Capital-linked investor ecosystem is strategically important because it aligns SunCubes with Italy’s national innovation and technology-transfer priorities in domains such as robotics, infrastructure, energy transfer, dual-use technologies and maritime applications.
Why NUBURU Blue-Laser Technology Matters
The expected Lyocon contribution directly reflects the industrial logic of the NUBURU–SunCubes Head of Terms. The signed Head of Terms states that the partnership is aimed at integrating NUBURU’s know-how and production capacity in blue lasers and other laser frequency spectra into SunCubes’ product portfolio, where the laser module is one of the core elements. The Head of Terms also identifies laser-based submarine power-beaming, counter-marine drone applications and laser-based data transmission systems among the contemplated development areas.
Lyocon is expected to serve as NUBURU’s laser-source supplier and photonics integration platform to offer a solution that, among other capabilities, may meet the requirements for the DEEP LIGHT application case. Its expected role includes blue-laser source design, supply, optical integration, laser-module engineering, system validation support and potential industrialization pathways for defense and dual-use underwater laser applications.
The Head of Terms expressly contemplates laser-source integration via Lyocon within a Milan-based R&D hub focused on optical engineering, beam-control development, thermal management, AI-assisted engagement logic, system validation and testing. It also provides that directed-energy systems may be industrialized at Italian facilities, including Lyocon in Vigevano and Tekne in Ortona.
Addressable and Serviceable Market: Underwater Autonomy, Subsea Power and Maritime Infrastructure
NUBURU views the Head of Terms signed with SunCubes as an entry point into a broader serviceable market for underwater applications, including autonomous underwater vehicles, subsea sensors, offshore energy inspection, underwater charging infrastructure, naval ISR, port and harbor security, critical subsea infrastructure protection and underwater communications.
Independent estimates indicate that the underlying market is expanding. MarketsandMarkets estimates the autonomous underwater vehicle market will grow from $3.13 billion in 2025 to $4.64 billion by 2030, driven by defense surveillance, offshore energy inspection, deep-sea research and autonomous mapping missions. MarkNtel Advisors estimates the underwater wireless communication market at approximately $2.3 billion in 2024, growing to $4.3 billion by 2030.
NUBURU does not view these markets as direct revenue forecasts. Instead, the Company believes they define the broader addressable and serviceable opportunity where high-quality blue-laser sources, optical power transmission, underwater recharge and laser-based communications may become enabling technologies for longer-duration autonomous subsea operations. The Company’s future serviceable obtainable market, if any, will depend on definitive agreements, technical validation, regulatory clearances, customer procurement and the ability to industrialize qualified systems.
Beyond establishing product development objectives for integrated counter-UAV platforms, the recently signed Head of Terms with SunCubes expands NUBURU’s addressable market into emerging underwater applications that extend beyond the Company’s traditional operating domains. In these applications, NUBURU’s blue-laser technology may offer a differentiated performance advantage, positioning the Company to address mission-critical requirements that conventional laser technologies may not meet as effectively.
Management Commentary
Dario Barisoni, Co-CEO of NUBURU, CEO of Nuburu Defense and Chairman of Lyocon, commented:
“Maritime autonomy and subsea infrastructure protection are becoming strategic priorities for allied markets. The recently signed Head of Terms gives NUBURU and Lyocon a first concrete pathway to work directly on solutions designed for projects awarded to SunCubes and to meet real operational requirements, applying blue-laser technology into the underwater domain where optical power, endurance, ISR and critical-infrastructure protection are converging.”
Paola Zanzola, Executive Director of Lyocon, commented:
“Lyocon’s role is to turn laser-source know-how into reliable, manufacturable systems. The underwater solution required by SunCubes is a strong application case because it requires blue-laser technology that can be integrated into a demanding optical power architecture. This is exactly the type of technical bridge Lyocon is intended to provide for the NUBURU group.”
Strategic Fit with the Head of Terms
The signed Head of Terms between NUBURU and SunCubes provides a framework for industrial, commercial and technological cooperation covering laser power-beaming systems, wireless power transmission for remote battery recharge, secure optical power, non-kinetic counter-UAS applications, Laser Arm systems and related dual-use laser technologies. Lyocon is identified among the NUBURU group permitted users of SunCubes technologies, supporting its expected role as the laser-source and laser-integration platform for the alliance.
The Head of Terms remains subject to definitive documentation, Golden Power clearance, export-control clearance, dual-use authorizations, ITAR or similar compliance requirements where applicable, and other customary conditions. The parties intend to continue working toward long-form agreements governing the investment, industrial cooperation, distribution and commercialization framework.
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About Nuburu, Inc
NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical infrastructure, and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes:
proprietary directed-energy and non-kinetic effects systems and products (laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone (aerial, land, sea, underwater) and counter-FPV systems, and future hard-kill directed-energy capabilities);
electronic warfare (including cyber and electromagnetic attack and protection activities (CEMA), jamming, spectrum dominance operations) and defense mobility programs;
operational resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and
advanced manufacturing and deployable in-field mobile production and support.
NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for shareholders and wider stakeholders. NUBURU aims to do so by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, sustained revenue growth and scaling throughout 2026 and over the longer term.
For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers.
About Nuburu Defense LLC
A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital resilience markets, supporting NUBURU’s Defense & Security platform strategy.
For more information on our Acquisitions and Joint Ventures:
Orbit: www.orbitopenplatform.com – As a result of an approximate 22% ownership interest in Orbit in January 2026, NUBURU now holds a controlling position in Orbit and its board of directors, with 100% ownership of Orbit expected no later than 31 December 2026.
Orbit provides a software platform focused on operational resilience, risk intelligence, data integration, and decision support, enabling the coordination, monitoring, and governance of complex systems and assets. Orbit ensures operational continuity and command across dual use enterprise, defense, government and critical-infrastructure environments. Within the NUBURU Defense and Security Platform, Orbit serves as the central intelligence and command layer supporting sensor fusion, situational awareness, workflow orchestration, and auditability across both kinetic and non-kinetic components – bridging digital systems with physical operations.
Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne proudly serves a well-established global client base, including key national organizations such as government ministries, departments and agencies and other public sector entities, underlining Tekne’s vital role and top-level credibility and standing within the international defense sector. Since receiving NATO accreditation in 2017, Tekne has been a supplier to NATO member countries.
Maddox Defense Incorporated Joint Venture – NUBURU, through Nuburu Defense, executed a JV agreement with Maddox Defense Incorporated in March 2026. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components, and defense modernization initiatives, serving U.S. defense and allied markets.
The JV, with majority ownership and strategic oversight by Nuburu Defense, is intended to develop and commercialize a modular, containerized, mobile additive manufacturing system (MAMC) designed to produce drone components, mission-critical structural parts, pods, and related defense systems.
About Nuburu Subsidiary, Inc
A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. (“Lyocon”), an Italian laser-technology company specializing in the design, manufacturing, and integration of high-power blue-laser systems for industrial applications. Home Page - Lyocon.
Lyocon operates as a fully consolidated operating subsidiary within the NUBURU group and represents the core industrial platform for NUBURU’s reactivated and expanded blue-laser business, while simultaneously positioning the technology for dual-use industrial and defense applications. Lyocon has expanded and enhanced NUBURU’s in-house engineering, assembly, testing, and demonstration capabilities for laser-based and directed-energy systems applicable to both defense and civilian security use cases.
About SunCubes S.r.l.
SunCubes S.r.l. is an Italian deep-tech company focused on laser-based wireless power transmission, optical power control, beam control, pointing and tracking, safety shut-off and optical power-beaming technologies. SunCubes develops the control layer of optical power, enabling laser energy to be pointed, tracked, managed and converted into reliable power for remote infrastructure, autonomous systems and partner-integrated applications.
SunCubes’ technology portfolio described in the Agreement includes safety systems for wireless laser energy transmission, pointing and tracking systems, beam-director guidance and motion control, sensor fusion, target acquisition, receiver-alignment logic, and software and firmware for the detection, identification, acquisition and tracking of static or moving targets. SunCubes’ background IP does not include ownership claims over laser sources, laser units, laser-generation technologies, high-power laser optics, optical modules or laser-source manufacturing technologies, reinforcing Lyocon’s expected role as NUBURU’s laser-source and laser-integration platform for the planned alliance.
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, including statements regarding NUBURU’s Defense & Security Platform strategy; the expected benefits of the Agreement with SunCubes; NUBURU’s intention to designate Lyocon as the counterparty for the definitive investment and industrial cooperation documentation; the expected role of Lyocon as the laser factory, photonics center of excellence and laser-source integration platform of the NUBURU group; the planned development, validation, industrialization or commercialization of Laser Arm systems, directed-energy systems, counter-UAS applications, optical power transmission, remote recharge technologies and laser-based communications; market opportunities in directed energy, counter-UAS, critical-infrastructure protection and allied defense markets; potential industrialization in Italy; and the negotiation, execution and implementation of definitive agreements.
These statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially, including but not limited to: the ability of the parties to negotiate and execute definitive agreements; NUBURU’s ability to designate Lyocon or another subsidiary as the definitive counterparty; the ability to obtain Golden Power clearance, export-control clearance, dual-use authorizations, ITAR or similar regulatory approvals where applicable; the ability to develop, test, certify, industrialize and commercialize Laser Arm or other directed-energy systems; technology-integration risks; delays or failures in customer acceptance, procurement, deployment, invoicing or payment; inability to convert commercial opportunities or pipeline visibility into definitive orders, revenue or cash flow; competition from larger defense contractors and emerging technology companies; supply-chain, financing, regulatory and operational constraints; changes in applicable laws or regulations; inability to realize anticipated benefits of acquisitions, investments or partnerships; and other risks detailed in the Company’s SEC filings, including its most recent Form 10-K and Form 10-Q. 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.
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities.
Contacts
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
US Market News
3週前
NUBURU, Through Lyocon, to Design Blue-Laser Technology for SunCubes’ DEEP LIGHT Underwater Power PlatformJune 11, 2026 9:14 AM
Business Wire First application case under the NUBURU–SunCubes Head of Terms highlights NUBURU blue-laser performance, Lyocon’s manufacturing role and a multi-billion-dollar addressable and serviceable market opportunity across underwater autonomy, subsea power and maritime infrastructure NUBURU, Inc. (NYSE American: BURU – the “Company”), a next-generation dual-use Defense & Security platform company, today announced that its recently signed Head of Terms with SunCubes S.r.l. (“SunCubes”) is expected to support a first concrete application case: the joint design of a blue-laser power-beam solution for submarine and underwater environments, with potential integration into SunCubes’ DEEP LIGHT underwater wireless power platform. SunCubes recently announced the award of the DEEP LIGHT project. The project has been recognized and supported by the Italian Navy through the Polo Nazionale della Dimensione Subacquea (“PNS”) as a strategic initiative for the development of national underwater technological capabilities. Under the planned implementation, NUBURU, through Lyocon S.r.l. (“Lyocon”), its Italian laser-technology factory and photonics center of excellence, is expected to work with SunCubes to design and potentially supply the blue-laser technology layer that can be integrated into the DEEP LIGHT platform, subject to definitive agreements, technical validation, regulatory clearances and applicable customer-program requirements. SunCubes recognizes the performance advantage that blue-laser technologies can provide in submarine environments. Under the recently signed NUBURU–SunCubes Head of Terms, the two companies are now working to define the requirements of a blue-laser-based solution that could support a new generation of underwater optical power transmission systems. The strategic value of this first application case is not driven by the initial project size, but by the potential validation of NUBURU’s blue-laser technology quality in one of the most demanding environments for optical power transmission: the underwater domain. Underwater laser power transfer requires blue-laser-source quality, beam stability, optical efficiency, thermal reliability and precise integration with beam-control and safety systems. NUBURU believes that the combination of its blue-laser technology and Lyocon’s manufacturing and integration capabilities with SunCubes’ technology platform positions the NUBURU group to participate in the industrialization of laser-source solutions for subsea environments, where blue and blue-green optical wavelengths may provide performance advantages for defense and commercial requirements. SunCubes announced that DEEP LIGHT, developed in partnership with Dualee, was presented and awarded at the PNS Progress Meeting held at the Naval Support and Experimentation Center of the Marina Militare in La Spezia. The project aims to create an underwater laser-based wireless power platform for autonomous underwater systems, enabling contactless recharging and extended operations across civilian, offshore and defense applications. DEEP LIGHT is designed around an underwater energy distribution architecture based on a high-power laser transmitter and a receiver integrated into autonomous underwater vehicles. The system is intended to operate in the blue-green optical window, optimized for marine propagation, enabling contactless underwater energy transfer over distances of several tens of meters. Blue-laser technology offers a potential advantage for underwater optical power transmission because blue and blue-green wavelengths can experience relatively lower attenuation in water compared with many other wavelengths, depending on water conditions and system design. As a result, high-quality blue-laser sources may support more efficient underwater power delivery and optical communication in submerged environments. Within this technological framework, the Head of Terms signed with SunCubes is intended not only to evaluate potential commercial opportunities, but also to support the joint development of next-generation high-performance subsea systems. By combining the blue-laser capabilities of the NUBURU-Lyocon platform with SunCubes’ beam-control and optical power platform, the parties intend to explore efficient and scalable solutions for underwater power transmission and other mission-critical subsea applications. CDP-Linked Investor Ecosystem Strengthens SunCubes’ Strategic Profile SunCubes’ investor ecosystem further reinforces the strategic relevance of the collaboration. As disclosed in NUBURU’s Form 8-K relating to the Head of Terms, SunCubes’ current investors include venture capital special purpose vehicles affiliated with CDP Venture Capital SGR S.p.A. (“CDP Venture Capital”). CDP Venture Capital is an Italian venture capital asset manager owned 70% by CDP Equity S.p.A. and 30% by Invitalia S.p.A.; CDP Equity is a holding company of the Cassa Depositi e Prestiti S.p.A. (“CDP”) group. CDP is Italy’s National Promotional Institution and a joint-stock company under public control. Its majority shareholder is the Italian Ministry of Economy and Finance, which holds 82.77% of CDP, while foundations of banking origin hold the remaining 17.23%. CDP, CDP Equity, CDP Venture Capital and the Italian Ministry of Economy and Finance are not direct parties to the NUBURU–SunCubes Head of Terms. NUBURU believes this CDP Venture Capital-linked investor ecosystem is strategically important because it aligns SunCubes with Italy’s national innovation and technology-transfer priorities in domains such as robotics, infrastructure, energy transfer, dual-use technologies and maritime applications. Why NUBURU Blue-Laser Technology Matters The expected Lyocon contribution directly reflects the industrial logic of the NUBURU–SunCubes Head of Terms. The signed Head of Terms states that the partnership is aimed at integrating NUBURU’s know-how and production capacity in blue lasers and other laser frequency spectra into SunCubes’ product portfolio, where the laser module is one of the core elements. The Head of Terms also identifies laser-based submarine power-beaming, counter-marine drone applications and laser-based data transmission systems among the contemplated development areas. Lyocon is expected to serve as NUBURU’s laser-source supplier and photonics integration platform to offer a solution that, among other capabilities, may meet the requirements for the DEEP LIGHT application case. Its expected role includes blue-laser source design, supply, optical integration, laser-module engineering, system validation support and potential industrialization pathways for defense and dual-use underwater laser applications. The Head of Terms expressly contemplates laser-source integration via Lyocon within a Milan-based R&D hub focused on optical engineering, beam-control development, thermal management, AI-assisted engagement logic, system validation and testing. It also provides that directed-energy systems may be industrialized at Italian facilities, including Lyocon in Vigevano and Tekne in Ortona. Addressable and Serviceable Market: Underwater Autonomy, Subsea Power and Maritime Infrastructure NUBURU views the Head of Terms signed with SunCubes as an entry point into a broader serviceable market for underwater applications, including autonomous underwater vehicles, subsea sensors, offshore energy inspection, underwater charging infrastructure, naval ISR, port and harbor security, critical subsea infrastructure protection and underwater communications. Independent estimates indicate that the underlying market is expanding. MarketsandMarkets estimates the autonomous underwater vehicle market will grow from $3.13 billion in 2025 to $4.64 billion by 2030, driven by defense surveillance, offshore energy inspection, deep-sea research and autonomous mapping missions. MarkNtel Advisors estimates the underwater wireless communication market at approximately $2.3 billion in 2024, growing to $4.3 billion by 2030. NUBURU does not view these markets as direct revenue forecasts. Instead, the Company believes they define the broader addressable and serviceable opportunity where high-quality blue-laser sources, optical power transmission, underwater recharge and laser-based communications may become enabling technologies for longer-duration autonomous subsea operations. The Company’s future serviceable obtainable market, if any, will depend on definitive agreements, technical validation, regulatory clearances, customer procurement and the ability to industrialize qualified systems. Beyond establishing product development objectives for integrated counter-UAV platforms, the recently signed Head of Terms with SunCubes expands NUBURU’s addressable market into emerging underwater applications that extend beyond the Company’s traditional operating domains. In these applications, NUBURU’s blue-laser technology may offer a differentiated performance advantage, positioning the Company to address mission-critical requirements that conventional laser technologies may not meet as effectively. Management Commentary Dario Barisoni, Co-CEO of NUBURU, CEO of Nuburu Defense and Chairman of Lyocon, commented: “Maritime autonomy and subsea infrastructure protection are becoming strategic priorities for allied markets. The recently signed Head of Terms gives NUBURU and Lyocon a first concrete pathway to work directly on solutions designed for projects awarded to SunCubes and to meet real operational requirements, applying blue-laser technology into the underwater domain where optical power, endurance, ISR and critical-infrastructure protection are converging.” Paola Zanzola, Executive Director of Lyocon, commented: “Lyocon’s role is to turn laser-source know-how into reliable, manufacturable systems. The underwater solution required by SunCubes is a strong application case because it requires blue-laser technology that can be integrated into a demanding optical power architecture. This is exactly the type of technical bridge Lyocon is intended to provide for the NUBURU group.” Strategic Fit with the Head of Terms The signed Head of Terms between NUBURU and SunCubes provides a framework for industrial, commercial and technological cooperation covering laser power-beaming systems, wireless power transmission for remote battery recharge, secure optical power, non-kinetic counter-UAS applications, Laser Arm systems and related dual-use laser technologies. Lyocon is identified among the NUBURU group permitted users of SunCubes technologies, supporting its expected role as the laser-source and laser-integration platform for the alliance. The Head of Terms remains subject to definitive documentation, Golden Power clearance, export-control clearance, dual-use authorizations, ITAR or similar compliance requirements where applicable, and other customary conditions. The parties intend to continue working toward long-form agreements governing the investment, industrial cooperation, distribution and commercialization framework. ********** About Nuburu, Inc NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical infrastructure, and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes: proprietary directed-energy and non-kinetic effects systems and products (laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone (aerial, land, sea, underwater) and counter-FPV systems, and future hard-kill directed-energy capabilities); electronic warfare (including cyber and electromagnetic attack and protection activities (CEMA), jamming, spectrum dominance operations) and defense mobility programs; operational resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and advanced manufacturing and deployable in-field mobile production and support. NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for shareholders and wider stakeholders. NUBURU aims to do so by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, sustained revenue growth and scaling throughout 2026 and over the longer term. For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers. About Nuburu Defense LLC A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital resilience markets, supporting NUBURU’s Defense & Security platform strategy. For more information on our Acquisitions and Joint Ventures: Orbit: www.orbitopenplatform.com – As a result of an approximate 22% ownership interest in Orbit in January 2026, NUBURU now holds a controlling position in Orbit and its board of directors, with 100% ownership of Orbit expected no later than 31 December 2026. Orbit provides a software platform focused on operational resilience, risk intelligence, data integration, and decision support, enabling the coordination, monitoring, and governance of complex systems and assets. Orbit ensures operational continuity and command across dual use enterprise, defense, government and critical-infrastructure environments. Within the NUBURU Defense and Security Platform, Orbit serves as the central intelligence and command layer supporting sensor fusion, situational awareness, workflow orchestration, and auditability across both kinetic and non-kinetic components – bridging digital systems with physical operations. Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne proudly serves a well-established global client base, including key national organizations such as government ministries, departments and agencies and other public sector entities, underlining Tekne’s vital role and top-level credibility and standing within the international defense sector. Since receiving NATO accreditation in 2017, Tekne has been a supplier to NATO member countries. Maddox Defense Incorporated Joint Venture – NUBURU, through Nuburu Defense, executed a JV agreement with Maddox Defense Incorporated in March 2026. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components, and defense modernization initiatives, serving U.S. defense and allied markets. The JV, with majority ownership and strategic oversight by Nuburu Defense, is intended to develop and commercialize a modular, containerized, mobile additive manufacturing system (MAMC) designed to produce drone components, mission-critical structural parts, pods, and related defense systems. About Nuburu Subsidiary, Inc A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. (“Lyocon”), an Italian laser-technology company specializing in the design, manufacturing, and integration of high-power blue-laser systems for industrial applications. Home Page - Lyocon. Lyocon operates as a fully consolidated operating subsidiary within the NUBURU group and represents the core industrial platform for NUBURU’s reactivated and expanded blue-laser business, while simultaneously positioning the technology for dual-use industrial and defense applications. Lyocon has expanded and enhanced NUBURU’s in-house engineering, assembly, testing, and demonstration capabilities for laser-based and directed-energy systems applicable to both defense and civilian security use cases. About SunCubes S.r.l. SunCubes S.r.l. is an Italian deep-tech company focused on laser-based wireless power transmission, optical power control, beam control, pointing and tracking, safety shut-off and optical power-beaming technologies. SunCubes develops the control layer of optical power, enabling laser energy to be pointed, tracked, managed and converted into reliable power for remote infrastructure, autonomous systems and partner-integrated applications. SunCubes’ technology portfolio described in the Agreement includes safety systems for wireless laser energy transmission, pointing and tracking systems, beam-director guidance and motion control, sensor fusion, target acquisition, receiver-alignment logic, and software and firmware for the detection, identification, acquisition and tracking of static or moving targets. SunCubes’ background IP does not include ownership claims over laser sources, laser units, laser-generation technologies, high-power laser optics, optical modules or laser-source manufacturing technologies, reinforcing Lyocon’s expected role as NUBURU’s laser-source and laser-integration platform for the planned alliance. 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, including statements regarding NUBURU’s Defense & Security Platform strategy; the expected benefits of the Agreement with SunCubes; NUBURU’s intention to designate Lyocon as the counterparty for the definitive investment and industrial cooperation documentation; the expected role of Lyocon as the laser factory, photonics center of excellence and laser-source integration platform of the NUBURU group; the planned development, validation, industrialization or commercialization of Laser Arm systems, directed-energy systems, counter-UAS applications, optical power transmission, remote recharge technologies and laser-based communications; market opportunities in directed energy, counter-UAS, critical-infrastructure protection and allied defense markets; potential industrialization in Italy; and the negotiation, execution and implementation of definitive agreements. These statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially, including but not limited to: the ability of the parties to negotiate and execute definitive agreements; NUBURU’s ability to designate Lyocon or another subsidiary as the definitive counterparty; the ability to obtain Golden Power clearance, export-control clearance, dual-use authorizations, ITAR or similar regulatory approvals where applicable; the ability to develop, test, certify, industrialize and commercialize Laser Arm or other directed-energy systems; technology-integration risks; delays or failures in customer acceptance, procurement, deployment, invoicing or payment; inability to convert commercial opportunities or pipeline visibility into definitive orders, revenue or cash flow; competition from larger defense contractors and emerging technology companies; supply-chain, financing, regulatory and operational constraints; changes in applicable laws or regulations; inability to realize anticipated benefits of acquisitions, investments or partnerships; and other risks detailed in the Company’s SEC filings, including its most recent Form 10-K and Form 10-Q. 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. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities. View source version on businesswire.com: https://www.businesswire.com/news/home/20260611937915/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU, Through Lyocon, to Design Blue-Laser Technology for SunCubes’ DEEP LIGHT Underwater Power Platform
Trooperstocks
3週前
$BURU NUBURU Files Golden Power Notification for Majority Acquisition of Tekne, Launching Formal Review by the Italian Government
Golden Power Filing Initiates Review of NUBURU’s Planned Majority Acquisition of Tekne, Supporting Approximately US$459 Million of Pro Rata Exposure to Tekne’s Projected 2026-2030 Revenue Within NUBURU’s Expanding Defense & Security Platform
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems, and advanced manufacturing, today announced that NUBURU and NUBURU Defense LLC have submitted the Golden Power notification to the Italian Government in connection with NUBURU's planned acquisition of a controlling 70% ownership stake in Tekne S.p.A. ("Tekne").
The filing represents a major execution milestone for NUBURU’s transformation into a next-generation Defense & Security platform company, formally advancing the proposed majority acquisition of Tekne and initiating the Italian Government review process required to complete one of the Company’s most significant strategic transactions to date.
Under the ordinary Golden Power review timetable, the Italian Government generally has a 45-day review period from receipt of a completed notification. The review period and outcome remain subject to the applicable statutory process, including potential information requests, requests for clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities. Completion of the Tekne transaction remains subject to Golden Power authorization and the other closing steps contemplated by the SPA.
The Golden Power notification filing package includes the definitive SPA, supporting transaction materials and Tekne's 2026-2030 industrial and business plan. NUBURU believes the filing package demonstrates the strategic importance of the transaction for Italian industrial continuity, defense readiness, employment growth, technological development and NATO-aligned security capabilities.
Golden Power Filing Formally Launches Review by the Italian Government of the Planned Acquisition by NUBURU of a Controlling 70% Ownership Stake in Tekne
The notification covers the proposed acquisition by NUBURU Defense LLC, potentially through a newly incorporated Italian acquisition vehicle controlled directly or indirectly by NUBURU, of a 70% ownership stake in Tekne.
As previously announced, the SPA establishes a structured path for NUBURU to acquire majority ownership and control of Tekne through a capital increase, conversion of existing shareholder financing and the purchase of additional shares from Tekne's historical shareholders, subject to completion of the Golden Power process and other transaction steps contemplated by the SPA.
NUBURU and Tekne have conducted extensive and constructive pre-filing discussions with representatives of the Italian Government, with the objective of anticipating national-interest considerations, aligning the industrial plan with Italy's strategic priorities and reducing regulatory execution risk, while the authorization remains subject to Italian Government review.
Business Plan Deposited with Notification Filing Highlights Scale, Turnaround and Italian Growth
The business plan deposited with the Golden Power notification filing projects Tekne cumulative 2026-2030 revenue/value of production of approximately EUR564.7 million, or approximately US$655 million at an indicative EUR/USD rate of 1.16. At NUBURU's expected 70% ownership, this would represent approximately US$459 million on a pro rata economic ownership basis, subject to Golden Power authorization, transaction completion and Tekne's achievement of the plan.
The plan projects a ramp in Tekne revenue/value of production from approximately EUR49.6 million in 2026 to approximately EUR198.8 million in 2030, driven by existing customer backlog, new order intake, defense electronics, international defense expansion and the expected support of the NUBURU platform.
The deposited business plan also outlines significant employment and technical-capability expansion in Italy to support the targeted ramp in Tekne revenue/value of production, with Tekne’s average workforce projected to increase to approximately 536 full-time employees (FTE) by 2030, supported by production expansion in Abruzzo and Emilia-Romagna and the development of the Centro Tecnologico di Ortona (CTO).
The business plan has been prepared based on Tekne management information and applicable Italian domestic accounting principles. The projected figures may be subject to review or adjustment if presented, reconciled or reported under US GAAP or other accounting standards, and actual results may differ materially from the projections.
Filing Package Designed to Address Italy’s National-Interest Priorities
The notification and the deposited business plan filing clearly demonstrate NUBURU's commitment to preserving Tekne as an Italian strategic industrial asset, avoiding delocalization and strengthening the Company's role as a defense and security platform serving NATO, U.S. and allied markets.
The filing package highlights a comprehensive industrial and strategic development plan focused on:
Preserving and expanding Tekne's Italian industrial footprint across Poggiofiorito, Ortona and Guastalla;
Supporting Tekne's exit from financial distress and ensuring its operational and financial continuity, execution of existing customer programs and sustainable growth over the long term;
Protecting strategic defense technologies, intellectual property and sensitive information;
Strengthening governance, security and compliance safeguards, including the potential use of an Italian acquisition vehicle and dedicated security oversight;
Supporting employment growth and technical capability development in Italy;
Strengthening Tekne's role within NATO and allied defense ecosystems; and
Expanding integrated capabilities across mobility, electronic warfare, CEMA, counter-drone systems, non-kinetic defense technologies and deployable advanced manufacturing.
Tekne Expected to Become Cornerstone Asset Within NUBURU Defense & Security Platform
Upon completion of the transaction, NUBURU expects Tekne to serve as a cornerstone industrial and electronic warfare platform within the Company's dual-use integrated Defense & Security strategy across NATO-aligned markets. The combined platform is designed to integrate:
Electronic Warfare and CEMA capabilities;
Counter-UAS and counter-drone technologies;
Tactical mobility and specialized military vehicle systems;
Directed-energy and non-kinetic defense technologies; and
AI-driven operational resilience, software orchestration and deployable advanced manufacturing capabilities.
Transaction Recap
As previously announced, the signed SPA establishes a binding path for NUBURU to acquire majority ownership and control of Tekne based on a fixed EUR52 million pre-money valuation of Tekne and a transaction structure comprising:
Conversion of approximately EUR17.692 million of shareholder financing into equity, including the existing EUR16.692 million financing and the EUR1.0 million advance contemplated by the SPA;
A cash contribution of up to EUR12.0 million as part of a EUR29.692 million capital increase designed to support industrial expansion, operating continuity and long-term platform growth;
A EUR5.2 million purchase of additional shares from Tekne's historical shareholders; and
A revenue-based earn-out payable to Tekne's historical shareholders equal to 5% of Tekne annual revenues, as determined under US GAAP, generated from fiscal years 2027 through 2036, capped at EUR29.692 million.
Taken together, the SPA provides for aggregate potential transaction consideration and investment commitments of up to approximately EUR64.6 million. Additional details of the SPA, including the full terms and conditions of the earn-out, closing mechanics and other transaction terms, are expected to be described in NUBURU's Current Report on Form 8-K to be filed with the SEC.
Upon completion of the transaction, NUBURU is expected to hold 70% of Tekne, enabling majority ownership and potential consolidation of Tekne within NUBURU's expanding Defense & Security platform.
Management Commentary
Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented:
"The filing of the Golden Power notification is a critical milestone in our path to majority ownership control of Tekne. We have moved from signing the definitive SPA to formally initiating the Italian Government review process, supported by a detailed industrial and strategic plan that is designed to preserve and expand Tekne's Italian footprint, protect strategic technologies and accelerate the expansion of NUBURU’s next-generation Defense & Security platform."
Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added:
"The business plan submitted as part of the filing of the Golden Power notification highlights the scale of the opportunity we see in Tekne. The plan projects approximately US$655 million of cumulative 2026-2030 revenue/value of production, representing approximately US$459 million on a 70% pro rata economic ownership basis, while supporting employment growth, technical capability development and the expansion of strategic defense capabilities in Italy."
About Nuburu, Inc
NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical infrastructure, and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes:
proprietary directed-energy and non-kinetic effects systems and products (laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone (aerial, land, sea, underwater) and counter-FPV systems, and future hard-kill directed-energy capabilities);
electronic warfare (including cyber and electromagnetic attack and protection activities (CEMA), jamming, spectrum dominance operations) and defense mobility programs;
operational resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and
advanced manufacturing and deployable in-field mobile production and support.
NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for its shareholders and key stakeholders. NUBURU aims to achieve this by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, with sustained revenue growth and scaling throughout 2026 and over the longer term.
For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers.
About Nuburu Defense LLC
A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital resilience markets, supporting NUBURU’s Defense & Security platform strategy.
For more information on our Acquisitions and Joint Ventures:
Orbit: www.orbitopenplatform.com – As a result of an approximate 22% ownership interest in Orbit in January 2026, NUBURU now holds a controlling position in Orbit and its board of directors, with 100% ownership of Orbit expected no later than 31 December 2026.
Orbit provides a software platform focused on operational resilience, risk intelligence, data integration, and decision support, enabling the coordination, monitoring, and governance of complex systems and assets. Orbit ensures operational continuity and command across dual use enterprise, defense, government and critical-infrastructure environments. Within the NUBURU Defense and Security Platform, Orbit serves as the central intelligence and command layer supporting sensor fusion, situational awareness, workflow orchestration, and auditability across both kinetic and non-kinetic components – bridging digital systems with physical operations.
Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne proudly serves a well-established global client base, including key national organizations such as government ministries, departments and agencies and other public sector entities, underlining Tekne’s vital role and top-level credibility and standing within the international defense sector. Since receiving NATO accreditation in 2017, Tekne has been a supplier to NATO member countries.
Maddox Defense Incorporated Joint Venture – NUBURU, through Nuburu Defense, executed a JV agreement with Maddox Defense Incorporated in March 2026. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components, and defense modernization initiatives, serving U.S. defense and allied markets.
The JV, with majority ownership and strategic oversight by Nuburu Defense, is intended to develop and commercialize a modular, containerized, mobile additive manufacturing system (MAMC) designed to produce drone components, mission-critical structural parts, pods, and related defense systems.
About Nuburu Subsidiary, Inc
A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. (“Lyocon”), an Italian laser-technology company specializing in the design, manufacturing, and integration of high-power blue-laser systems for industrial applications. Home Page - Lyocon.
Lyocon operates as a fully consolidated operating subsidiary within the NUBURU group and represents the core industrial platform for NUBURU’s reactivated and expanded blue-laser business, while simultaneously positioning the technology for dual-use industrial and defense applications. Lyocon has expanded and enhanced NUBURU’s in-house engineering, assembly, testing, and demonstration capabilities for laser-based and directed-energy systems applicable to both defense and civilian security use cases.
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. Forward-looking statements in this press release include, without limitation, statements regarding the proposed Tekne transaction; the filed Golden Power notification and the expected timing, process and outcome of the Italian Government review; potential information requests, clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities; anticipated ownership, control, potential consolidation and accounting treatment of Tekne; expected transaction economics, capital deployment, earn-out terms and timing; Tekne's business plan, projected 2026-2030 value of production, revenue and related accounting-basis assumptions, NUBURU's estimated 70% pro rata economic ownership exposure to such projected amounts, EBITDA, backlog, new orders, customer demand, production ramp, working-capital needs, financing assumptions and growth drivers; the anticipated industrial plan, integration, strategic benefits and expansion of NUBURU's Defense & Security platform; and the expected filing of a Current Report on Form 8-K describing additional SPA terms. 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 obtain Golden Power authorization on acceptable terms or at all; (2) the possibility that the Golden Power review may be delayed, suspended, conditioned, subject to prescriptions or not approved; (3) the ability to satisfy the other conditions to closing and complete the proposed Tekne transaction on expected terms or timing; (4) the ability to integrate Tekne, realize anticipated benefits and consolidate operations and financial results as expected; (5) the risk that Tekne's business plan, projected value of production, revenue, including accounting-basis assumptions and potential adjustments if presented or reconciled under US GAAP, projected EBITDA, customer demand, backlog, new order intake, working-capital assumptions, financing assumptions and growth drivers may not be realized or may differ materially from actual results; (6) the risk that assumptions regarding consolidation, accounting treatment and NUBURU's pro rata ownership exposure may differ from final accounting treatment or actual results; (7) the ability to maintain operational continuity, supplier support, customer contracts and financing arrangements at Tekne; (8) the ability to meet applicable securities exchange listing standards; (9) the impact of the loss of the Company's patent portfolio through foreclosure; (10) failure to achieve expectations regarding business development and acquisition strategies; (11) inability to access sufficient capital; (12) changes in applicable laws or regulations; (13) adverse economic, business, competitive, geopolitical or financial market conditions; and (14) other risks detailed in the Company's SEC filings, including its most recent Form 10-K and Form 10-Q. These filings address additional risks that could cause actual results to differ materially from those contemplated by such 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.
Contacts
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
US Market News
3週前
NUBURU Files Golden Power Notification for Majority Acquisition of Tekne, Launching Formal Review by the Italian GovernmentJune 8, 2026 6:30 AM
Business Wire Golden Power Filing Initiates Review of NUBURU’s Planned Majority Acquisition of Tekne, Supporting Approximately US$459 Million of Pro Rata Exposure to Tekne’s Projected 2026-2030 Revenue Within NUBURU’s Expanding Defense & Security Platform NUBURU, Inc. (NYSE American: BURU), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems, and advanced manufacturing, today announced that NUBURU and NUBURU Defense LLC have submitted the Golden Power notification to the Italian Government in connection with NUBURU's planned acquisition of a controlling 70% ownership stake in Tekne S.p.A. ("Tekne"). The filing represents a major execution milestone for NUBURU’s transformation into a next-generation Defense & Security platform company, formally advancing the proposed majority acquisition of Tekne and initiating the Italian Government review process required to complete one of the Company’s most significant strategic transactions to date. Under the ordinary Golden Power review timetable, the Italian Government generally has a 45-day review period from receipt of a completed notification. The review period and outcome remain subject to the applicable statutory process, including potential information requests, requests for clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities. Completion of the Tekne transaction remains subject to Golden Power authorization and the other closing steps contemplated by the SPA. The Golden Power notification filing package includes the definitive SPA, supporting transaction materials and Tekne's 2026-2030 industrial and business plan. NUBURU believes the filing package demonstrates the strategic importance of the transaction for Italian industrial continuity, defense readiness, employment growth, technological development and NATO-aligned security capabilities. Golden Power Filing Formally Launches Review by the Italian Government of the Planned Acquisition by NUBURU of a Controlling 70% Ownership Stake in Tekne The notification covers the proposed acquisition by NUBURU Defense LLC, potentially through a newly incorporated Italian acquisition vehicle controlled directly or indirectly by NUBURU, of a 70% ownership stake in Tekne. As previously announced, the SPA establishes a structured path for NUBURU to acquire majority ownership and control of Tekne through a capital increase, conversion of existing shareholder financing and the purchase of additional shares from Tekne's historical shareholders, subject to completion of the Golden Power process and other transaction steps contemplated by the SPA. NUBURU and Tekne have conducted extensive and constructive pre-filing discussions with representatives of the Italian Government, with the objective of anticipating national-interest considerations, aligning the industrial plan with Italy's strategic priorities and reducing regulatory execution risk, while the authorization remains subject to Italian Government review. Business Plan Deposited with Notification Filing Highlights Scale, Turnaround and Italian Growth The business plan deposited with the Golden Power notification filing projects Tekne cumulative 2026-2030 revenue/value of production of approximately EUR564.7 million, or approximately US$655 million at an indicative EUR/USD rate of 1.16. At NUBURU's expected 70% ownership, this would represent approximately US$459 million on a pro rata economic ownership basis, subject to Golden Power authorization, transaction completion and Tekne's achievement of the plan. The plan projects a ramp in Tekne revenue/value of production from approximately EUR49.6 million in 2026 to approximately EUR198.8 million in 2030, driven by existing customer backlog, new order intake, defense electronics, international defense expansion and the expected support of the NUBURU platform. The deposited business plan also outlines significant employment and technical-capability expansion in Italy to support the targeted ramp in Tekne revenue/value of production, with Tekne’s average workforce projected to increase to approximately 536 full-time employees (FTE) by 2030, supported by production expansion in Abruzzo and Emilia-Romagna and the development of the Centro Tecnologico di Ortona (CTO). The business plan has been prepared based on Tekne management information and applicable Italian domestic accounting principles. The projected figures may be subject to review or adjustment if presented, reconciled or reported under US GAAP or other accounting standards, and actual results may differ materially from the projections. Filing Package Designed to Address Italy’s National-Interest Priorities The notification and the deposited business plan filing clearly demonstrate NUBURU's commitment to preserving Tekne as an Italian strategic industrial asset, avoiding delocalization and strengthening the Company's role as a defense and security platform serving NATO, U.S. and allied markets. The filing package highlights a comprehensive industrial and strategic development plan focused on: Preserving and expanding Tekne's Italian industrial footprint across Poggiofiorito, Ortona and Guastalla; Supporting Tekne's exit from financial distress and ensuring its operational and financial continuity, execution of existing customer programs and sustainable growth over the long term; Protecting strategic defense technologies, intellectual property and sensitive information; Strengthening governance, security and compliance safeguards, including the potential use of an Italian acquisition vehicle and dedicated security oversight; Supporting employment growth and technical capability development in Italy; Strengthening Tekne's role within NATO and allied defense ecosystems; and Expanding integrated capabilities across mobility, electronic warfare, CEMA, counter-drone systems, non-kinetic defense technologies and deployable advanced manufacturing. Tekne Expected to Become Cornerstone Asset Within NUBURU Defense & Security Platform Upon completion of the transaction, NUBURU expects Tekne to serve as a cornerstone industrial and electronic warfare platform within the Company's dual-use integrated Defense & Security strategy across NATO-aligned markets. The combined platform is designed to integrate: Electronic Warfare and CEMA capabilities; Counter-UAS and counter-drone technologies; Tactical mobility and specialized military vehicle systems; Directed-energy and non-kinetic defense technologies; and AI-driven operational resilience, software orchestration and deployable advanced manufacturing capabilities. Transaction Recap As previously announced, the signed SPA establishes a binding path for NUBURU to acquire majority ownership and control of Tekne based on a fixed EUR52 million pre-money valuation of Tekne and a transaction structure comprising: Conversion of approximately EUR17.692 million of shareholder financing into equity, including the existing EUR16.692 million financing and the EUR1.0 million advance contemplated by the SPA; A cash contribution of up to EUR12.0 million as part of a EUR29.692 million capital increase designed to support industrial expansion, operating continuity and long-term platform growth; A EUR5.2 million purchase of additional shares from Tekne's historical shareholders; and A revenue-based earn-out payable to Tekne's historical shareholders equal to 5% of Tekne annual revenues, as determined under US GAAP, generated from fiscal years 2027 through 2036, capped at EUR29.692 million. Taken together, the SPA provides for aggregate potential transaction consideration and investment commitments of up to approximately EUR64.6 million. Additional details of the SPA, including the full terms and conditions of the earn-out, closing mechanics and other transaction terms, are expected to be described in NUBURU's Current Report on Form 8-K to be filed with the SEC. Upon completion of the transaction, NUBURU is expected to hold 70% of Tekne, enabling majority ownership and potential consolidation of Tekne within NUBURU's expanding Defense & Security platform. Management Commentary Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented: "The filing of the Golden Power notification is a critical milestone in our path to majority ownership control of Tekne. We have moved from signing the definitive SPA to formally initiating the Italian Government review process, supported by a detailed industrial and strategic plan that is designed to preserve and expand Tekne's Italian footprint, protect strategic technologies and accelerate the expansion of NUBURU’s next-generation Defense & Security platform." Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added: "The business plan submitted as part of the filing of the Golden Power notification highlights the scale of the opportunity we see in Tekne. The plan projects approximately US$655 million of cumulative 2026-2030 revenue/value of production, representing approximately US$459 million on a 70% pro rata economic ownership basis, while supporting employment growth, technical capability development and the expansion of strategic defense capabilities in Italy." About Nuburu, Inc NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical infrastructure, and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes: proprietary directed-energy and non-kinetic effects systems and products (laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone (aerial, land, sea, underwater) and counter-FPV systems, and future hard-kill directed-energy capabilities); electronic warfare (including cyber and electromagnetic attack and protection activities (CEMA), jamming, spectrum dominance operations) and defense mobility programs; operational resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and advanced manufacturing and deployable in-field mobile production and support. NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for its shareholders and key stakeholders. NUBURU aims to achieve this by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, with sustained revenue growth and scaling throughout 2026 and over the longer term. For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers. About Nuburu Defense LLC A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital resilience markets, supporting NUBURU’s Defense & Security platform strategy. For more information on our Acquisitions and Joint Ventures: Orbit: www.orbitopenplatform.com – As a result of an approximate 22% ownership interest in Orbit in January 2026, NUBURU now holds a controlling position in Orbit and its board of directors, with 100% ownership of Orbit expected no later than 31 December 2026. Orbit provides a software platform focused on operational resilience, risk intelligence, data integration, and decision support, enabling the coordination, monitoring, and governance of complex systems and assets. Orbit ensures operational continuity and command across dual use enterprise, defense, government and critical-infrastructure environments. Within the NUBURU Defense and Security Platform, Orbit serves as the central intelligence and command layer supporting sensor fusion, situational awareness, workflow orchestration, and auditability across both kinetic and non-kinetic components – bridging digital systems with physical operations. Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne proudly serves a well-established global client base, including key national organizations such as government ministries, departments and agencies and other public sector entities, underlining Tekne’s vital role and top-level credibility and standing within the international defense sector. Since receiving NATO accreditation in 2017, Tekne has been a supplier to NATO member countries. Maddox Defense Incorporated Joint Venture – NUBURU, through Nuburu Defense, executed a JV agreement with Maddox Defense Incorporated in March 2026. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components, and defense modernization initiatives, serving U.S. defense and allied markets. The JV, with majority ownership and strategic oversight by Nuburu Defense, is intended to develop and commercialize a modular, containerized, mobile additive manufacturing system (MAMC) designed to produce drone components, mission-critical structural parts, pods, and related defense systems. About Nuburu Subsidiary, Inc A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. (“Lyocon”), an Italian laser-technology company specializing in the design, manufacturing, and integration of high-power blue-laser systems for industrial applications. Home Page - Lyocon. Lyocon operates as a fully consolidated operating subsidiary within the NUBURU group and represents the core industrial platform for NUBURU’s reactivated and expanded blue-laser business, while simultaneously positioning the technology for dual-use industrial and defense applications. Lyocon has expanded and enhanced NUBURU’s in-house engineering, assembly, testing, and demonstration capabilities for laser-based and directed-energy systems applicable to both defense and civilian security use cases. 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. Forward-looking statements in this press release include, without limitation, statements regarding the proposed Tekne transaction; the filed Golden Power notification and the expected timing, process and outcome of the Italian Government review; potential information requests, clarifications, suspensions, prescriptions, conditions, commitments or other actions by the competent authorities; anticipated ownership, control, potential consolidation and accounting treatment of Tekne; expected transaction economics, capital deployment, earn-out terms and timing; Tekne's business plan, projected 2026-2030 value of production, revenue and related accounting-basis assumptions, NUBURU's estimated 70% pro rata economic ownership exposure to such projected amounts, EBITDA, backlog, new orders, customer demand, production ramp, working-capital needs, financing assumptions and growth drivers; the anticipated industrial plan, integration, strategic benefits and expansion of NUBURU's Defense & Security platform; and the expected filing of a Current Report on Form 8-K describing additional SPA terms. 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 obtain Golden Power authorization on acceptable terms or at all; (2) the possibility that the Golden Power review may be delayed, suspended, conditioned, subject to prescriptions or not approved; (3) the ability to satisfy the other conditions to closing and complete the proposed Tekne transaction on expected terms or timing; (4) the ability to integrate Tekne, realize anticipated benefits and consolidate operations and financial results as expected; (5) the risk that Tekne's business plan, projected value of production, revenue, including accounting-basis assumptions and potential adjustments if presented or reconciled under US GAAP, projected EBITDA, customer demand, backlog, new order intake, working-capital assumptions, financing assumptions and growth drivers may not be realized or may differ materially from actual results; (6) the risk that assumptions regarding consolidation, accounting treatment and NUBURU's pro rata ownership exposure may differ from final accounting treatment or actual results; (7) the ability to maintain operational continuity, supplier support, customer contracts and financing arrangements at Tekne; (8) the ability to meet applicable securities exchange listing standards; (9) the impact of the loss of the Company's patent portfolio through foreclosure; (10) failure to achieve expectations regarding business development and acquisition strategies; (11) inability to access sufficient capital; (12) changes in applicable laws or regulations; (13) adverse economic, business, competitive, geopolitical or financial market conditions; and (14) other risks detailed in the Company's SEC filings, including its most recent Form 10-K and Form 10-Q. These filings address additional risks that could cause actual results to differ materially from those contemplated by such 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260608404100/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU Files Golden Power Notification for Majority Acquisition of Tekne, Launching Formal Review by the Italian Government
US Market News
4週前
NUBURU Expands Defense & Security Platform with Laser Arm Initiative Targeting the Fast-Growing Directed-Energy and Counter-UAS MarketsJune 4, 2026 6:30 AM
Business Wire Planned Lyocon-led strategic alliance combines laser-source manufacturing, beam-control and optical power technologies to pursue next-generation counter-drone, defense mobility and critical-infrastructure opportunities across U.S., European and allied markets. NUBURU, Inc. (NYSE American: BURU – the “Company”), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems and advanced manufacturing, today announced the signing of a binding head of terms (the “Agreement”) with SunCubes S.r.l. (“SunCubes”), an Italian developer of laser-based wireless power transmission, beam-control, pointing, tracking and safety technologies. The Agreement has been signed by NUBURU, Inc., with NUBURU intending to implement the definitive investment and industrial cooperation through Lyocon S.r.l. (“Lyocon”), its Italian laser-engineering and manufacturing subsidiary, as the designated NUBURU group entity. The structure reflects the core business logic of the transaction: the alliance is laser-focused, and Lyocon is intended to act as the laser factory and photonics center of excellence of the NUBURU group. Under the Agreement, NUBURU intends to make, directly or through Lyocon as the designated NUBURU group entity, a staged strategic investment of up to €1.0 million in SunCubes. The contemplated investment is structured as advance payments toward a future SunCubes capital increase, consisting of an initial €250,000 advance payment upon execution of definitive agreements and an additional €750,000 advance payment following receipt of applicable Golden Power and export-control clearances. The advance payments are expected to convert into SunCubes corporate capital through a reserved capital increase, subject to the conditions set out in the definitive agreements. The planned Lyocon-led alliance is designed to create a new Laser Arm capability within the NUBURU Defense & Security Platform. The business objective is to combine Lyocon’s laser-source technologies, laser manufacturing and photonics integration capabilities with SunCubes’ beam-control, tracking, and optical power-beaming technologies Through this strategic partnership with SunCubes, Nuburu is set to introduce a multi-layered suite of laser-based innovations tailored for the drone and counter-UAV sectors. The collaboration will expand the company's non-lethal defense ecosystem by developing a lightweight, portable laser interdiction system deployable on both rifles and drone platforms, alongside a high-power, vehicle-mounted laser arm for extended-range missions. Beyond tactical defense, the partnership introduces pioneering laser power-beaming applications, including an in-air drone recharging technology designed to enable continuous flight operations for long-endurance missions, and a remote wireless charging system for surveillance equipment in off-grid critical infrastructure and advanced military positions. Furthermore, the joint initiative will deliver a highly resilient, laser-based communication system capable of securing real-time, high-capacity data transmission directly from the operational field. These combined capabilities position Nuburu to establish a comprehensive, laser-centric ecosystem spanning counter-UAV defense, tactical deterrence, long-range power beaming, advanced surveillance, critical asset protection, and secure data communications Lyocon: The Laser Factory of the NUBURU Group NUBURU completed the acquisition of Lyocon in January 2026 through Nuburu Subsidiary Inc., with SEC filings describing Lyocon as an Italian laser-engineering and photonics company specializing in advanced laser sources, precision optical systems and customized laser platforms. Lyocon is expected to play a central role in NUBURU’s industrial strategy by providing the laser-source manufacturing, optical integration, laser-module development and system-engineering capabilities required to move from individual laser components toward integrated defense and security solutions. Within the SunCubes framework, Lyocon is expected to support laser-source integration, system validation, industrialization and potential assembly of Laser Arm systems for vehicle, mobile, fixed-site and dual-use applications. The planned cooperation also supports NUBURU’s European industrial footprint. The Agreement contemplates a Milan R&D hub focused on optical engineering, beam-control development, laser-source integration via Lyocon, thermal management, AI-assisted engagement logic and system validation. Directed-energy systems may be industrialized at Italian facilities, including Lyocon in Vigevano and Tekne in Ortona, for Laser Arm assembly, vehicle-platform integration and EU/NATO-compliant export preparation. Market Opportunity and Competitive Positioning The Laser Arm initiative is designed to position NUBURU in a high-growth segment of the defense market where counter-drone, directed-energy and non-kinetic defense systems are moving from demonstration programs to deployment priorities. The planned Lyocon-led alliance is intended to combine laser-source manufacturing, beam-control integration, optical power transmission, safety architecture, tracking, thermal management and vehicle-ready deployment into a modular platform for counter-UAS, anti-drone defense, tactical mobility, expeditionary systems, secure optical power and critical-infrastructure protection. Independent market estimates point to a rapidly expanding opportunity. MarketsandMarkets estimates the global anti-drone market will grow from $4.48 billion in 2025 to $14.51 billion by 2030, while IMARC estimates the broader directed-energy weapons market will reach $35.32 billion by 2034. The most directly relevant segment for the Laser Arm initiative — directed-energy counter-UAS — is estimated by Global Market Insights to grow from $1.6 billion in 2025 to $6.8 billion by 2035. The competitive landscape includes major defense contractors and specialist directed-energy companies, but NUBURU believes the market remains in the early stages of industrialization. Rather than competing as a traditional air-defense prime, NUBURU intends to pursue a differentiated value-chain role through Lyocon: laser-source supply, laser integration, power-beaming, beam-control integration and vehicle-ready Laser Arm implementation. This positioning is designed to serve governments, defense primes, military-vehicle manufacturers, critical-infrastructure operators and allied-market system integrators seeking scalable, non-kinetic counter-drone capabilities. The signed Agreement supports this strategy by expressly targeting development and industrialization of vehicle-integrated Laser Arm systems, non-kinetic counter-UAS applications, secure optical power and related dual-use laser technologies. Strategic Fit with NUBURU’s Defense & Security Platform The Laser Arm initiative is expected to add a new directed-energy pillar to NUBURU’s Defense & Security Platform, reinforcing the Company’s broader strategy of combining hardware-enabled and software-orchestrated defense capabilities across multiple mission areas. NUBURU’s recent Tekne transaction announcement described Tekne as part of the Company’s next-generation Defense & Security Platform and highlighted expected opportunities across defense mobility, electronic warfare and NATO-aligned markets. The planned SunCubes collaboration complements that trajectory by adding laser-source integration, beam control, optical power and non-kinetic counter-UAS capabilities through Lyocon. The business objective is to create a platform architecture where Lyocon provides the laser foundation, SunCubes contributes beam-control and power-beaming technologies, and NUBURU coordinates the broader defense-market strategy, industrial partnerships, mobility integration and commercialization pathway. Management Commentary Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented: “The strategic value of this initiative goes far beyond the contemplated investment. Our objective is to strengthen Lyocon’s role as the laser factory of the NUBURU group and create a differentiated Laser Arm capability addressing some of the most important requirements emerging across defense, security and critical-infrastructure markets.” “Counter-drone systems, directed-energy technologies and non-kinetic defense capabilities are rapidly moving from research programs to procurement priorities. Through Lyocon and our broader Defense & Security Platform, we believe NUBURU is building a unique combination of laser manufacturing, photonics integration, defense mobility, electronic warfare and software-enabled mission capabilities that can create significant long-term value.” Paola Zanzola, Executive Director of Lyocon, commented: “Lyocon was acquired to provide NUBURU with a scalable industrial laser platform. This initiative would further expand that role by combining our laser-source expertise with SunCubes’ beam-control, tracking and safety technologies to support next-generation directed-energy applications.” “Our goal is to move from laser modules to integrated systems. The Laser Arm initiative gives Lyocon a clear pathway to become a key industrial engine for NUBURU’s defense and dual-use laser roadmap.” Alberto Chiozzi, Founder and CEO of SunCubes, commented: “SunCubes is focused on controlling optical power over distance, including laser-based wireless energy transmission, pointing and tracking, safety logic and optical power management. We believe the combination of SunCubes’ beam-control and wireless power transmission technologies with Lyocon’s laser manufacturing capabilities creates exciting opportunities across defense, industrial and critical-infrastructure sectors.” Dario Barisoni, Co-CEO of NUBURU, CEO of Nuburu Defense and Chairman of Lyocon, commented: “Modern defense customers increasingly need layered, mobile and cost-effective counter-UAS solutions. The Laser Arm initiative supports NUBURU’s strategy of integrating photonics, mobility, electronic warfare and mission software into a scalable allied-market defense platform.” Transaction Overview Under the Agreement, NUBURU intends to make a staged strategic investment of up to €1.0 million in SunCubes, directly or through Lyocon as the designated NUBURU group entity. The contemplated investment is structured as advance payments toward a future capital increase of SunCubes. The first tranche consists of a €250,000 advance payment expected to be made upon execution of the definitive long-form agreements. The second tranche consists of an additional €750,000 advance payment expected to be made following receipt of applicable Golden Power and export-control clearances. The full amount of the NUBURU advance payments is expected to convert into SunCubes corporate capital through a reserved capital increase, subject to the terms and conditions of the definitive agreements. The Agreement contemplates definitive long forms covering, among other matters, an investment agreement, industrial and technological cooperation, distribution and commercialization arrangements, business plan alignment, governance rights and related capital increase documentation. The transaction remains subject to the negotiation and execution of definitive agreements, Golden Power clearance, export-control and dual-use approvals, ITAR or similar compliance requirements where applicable, and other customary conditions. About Nuburu, Inc NUBURU, Inc. (NYSE American: BURU) is the next-generation dual-use Defense and Security integrated platform company. NUBURU delivers advanced and deployable software-orchestrated, hardware-enabled protection for modern defense and security, critical infrastructure, and digital-resilience markets. NUBURU operates as an integrated platform of modular capabilities, each delivering standalone operational and financial value while collectively transforming into a comprehensive defense and security capability, which includes: proprietary directed-energy and non-kinetic effects systems and products (laser dazzlers for sensor denial, soft-kill laser non-kinetic neutralization, counter-drone (aerial, land, sea, underwater) and counter-FPV systems, and future hard-kill directed-energy capabilities); electronic warfare (including cyber and electromagnetic attack and protection activities (CEMA), jamming, spectrum dominance operations) and defense mobility programs; operational resilience AI-assisted orchestrated and analytics software for unified command and control and software-as-a-service solutions; and advanced manufacturing and deployable in-field mobile production and support. NUBURU is focused on the commercial rollout of its leading products and systems and on creating significant value for shareholders and wider stakeholders. NUBURU aims to do so by continuing to further strengthen its business and converting its growing opportunity pipeline into contractual orders, sustained revenue growth and scaling throughout 2026 and over the longer term. For more information, please visit our website www.nuburu.net and follow us on X https://x.com/nuburulasers. About Nuburu Defense LLC A subsidiary of NUBURU, Nuburu Defense delivers advanced deployable solutions, systems and products for defense and security, critical-infrastructure and digital resilience markets, supporting NUBURU’s Defense & Security platform strategy. For more information on our Acquisitions and Joint Ventures: Orbit: www.orbitopenplatform.com – As a result of an approximate 22% ownership interest in Orbit in January 2026, NUBURU now holds a controlling position in Orbit and its board of directors, with 100% ownership of Orbit expected no later than 31 December 2026. Orbit provides a software platform focused on operational resilience, risk intelligence, data integration, and decision support, enabling the coordination, monitoring, and governance of complex systems and assets. Orbit ensures operational continuity and command across dual use enterprise, defense, government and critical-infrastructure environments. Within the NUBURU Defense and Security Platform, Orbit serves as the central intelligence and command layer supporting sensor fusion, situational awareness, workflow orchestration, and auditability across both kinetic and non-kinetic components – bridging digital systems with physical operations. Tekne S.p.A.: TEKNE S.p.A. | SPECIAL VEHICLES & ELECTRONICS - Tekne proudly serves a well-established global client base, including key national organizations such as government ministries, departments and agencies and other public sector entities, underlining Tekne’s vital role and top-level credibility and standing within the international defense sector. Since receiving NATO accreditation in 2017, Tekne has been a supplier to NATO member countries. Maddox Defense Incorporated Joint Venture – NUBURU, through Nuburu Defense, executed a JV agreement with Maddox Defense Incorporated in March 2026. Maddox is a U.S.-based defense manufacturing company focused on advanced production capabilities supporting unmanned systems, mission-critical components, and defense modernization initiatives, serving U.S. defense and allied markets. The JV, with majority ownership and strategic oversight by Nuburu Defense, is intended to develop and commercialize a modular, containerized, mobile additive manufacturing system (MAMC) designed to produce drone components, mission-critical structural parts, pods, and related defense systems. About Nuburu Subsidiary, Inc A subsidiary of NUBURU, Nuburu Subsidiary, Inc. fully owns Lyocon S.r.l. (“Lyocon”), an Italian laser-technology company specializing in the design, manufacturing, and integration of high-power blue-laser systems for industrial applications. Home Page - Lyocon. Lyocon operates as a fully consolidated operating subsidiary within the NUBURU group and represents the core industrial platform for NUBURU’s reactivated and expanded blue-laser business, while simultaneously positioning the technology for dual-use industrial and defense applications. Lyocon has expanded and enhanced NUBURU’s in-house engineering, assembly, testing, and demonstration capabilities for laser-based and directed-energy systems applicable to both defense and civilian security use cases. About SunCubes S.r.l. SunCubes S.r.l. is an Italian deep-tech company focused on laser-based wireless power transmission, optical power control, beam control, pointing and tracking, safety shut-off and optical power-beaming technologies. SunCubes develops the control layer of optical power, enabling laser energy to be pointed, tracked, managed and converted into reliable power for remote infrastructure, autonomous systems and partner-integrated applications. SunCubes’ technology portfolio described in the Agreement includes safety systems for wireless laser energy transmission, pointing and tracking systems, beam-director guidance and motion control, sensor fusion, target acquisition, receiver-alignment logic, and software and firmware for the detection, identification, acquisition and tracking of static or moving targets. SunCubes’ background IP does not include ownership claims over laser sources, laser units, laser-generation technologies, high-power laser optics, optical modules or laser-source manufacturing technologies, reinforcing Lyocon’s expected role as NUBURU’s laser-source and laser-integration platform for the planned alliance. 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, including statements regarding NUBURU’s Defense & Security Platform strategy; the expected benefits of the Agreement with SunCubes; NUBURU’s intention to designate Lyocon as the counterparty for the definitive investment and industrial cooperation documentation; the expected role of Lyocon as the laser factory, photonics center of excellence and laser-source integration platform of the NUBURU group; the planned development, validation, industrialization or commercialization of Laser Arm systems, directed-energy systems, counter-UAS applications, optical power transmission, remote recharge technologies and laser-based communications; market opportunities in directed energy, counter-UAS, critical-infrastructure protection and allied defense markets; potential industrialization in Italy; and the negotiation, execution and implementation of definitive agreements. These statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially, including but not limited to: the ability of the parties to negotiate and execute definitive agreements; NUBURU’s ability to designate Lyocon or another subsidiary as the definitive counterparty; the ability to obtain Golden Power clearance, export-control clearance, dual-use authorizations, ITAR or similar regulatory approvals where applicable; the ability to develop, test, certify, industrialize and commercialize Laser Arm or other directed-energy systems; technology-integration risks; delays or failures in customer acceptance, procurement, deployment, invoicing or payment; inability to convert commercial opportunities or pipeline visibility into definitive orders, revenue or cash flow; competition from larger defense contractors and emerging technology companies; supply-chain, financing, regulatory and operational constraints; changes in applicable laws or regulations; inability to realize anticipated benefits of acquisitions, investments or partnerships; and other risks detailed in the Company’s SEC filings, including its most recent Form 10-K and Form 10-Q. 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. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities. View source version on businesswire.com: https://www.businesswire.com/news/home/20260604501766/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU Expands Defense & Security Platform with Laser Arm Initiative Targeting the Fast-Growing Directed-Energy and Counter-UAS Markets
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