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$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
5日前
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
1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
1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
2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
US Market News
2週前
NUBURU Expands Defense & Security Platform Momentum with Tier-One Critical Infrastructure Customer, Highlighting Approximately $1.1 Million of Orbit Order Value and Commercial VisibilityJune 1, 2026 6:43 AM
Business Wire Cumulative orders with a national telecommunications infrastructure operator validate Orbit’s situational-awareness, interoperability and operational-resilience capabilities as a foundational software layer of NUBURU’s Dual-Use Platform, with additional pipeline visibility supported by commercial offers issued across critical-infrastructure and mission-critical sectors. 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 that its operating subsidiary Orbit S.r.l. (“Orbit”) has secured cumulative orders totaling approximately US$240,000 from a Tier-One national telecommunications infrastructure operator while generating approximately US$825,000 of additional commercial pipeline visibility across multiple critical infrastructure sectors. The combined order activity and pipeline visibility underscore growing commercial adoption of Orbit’s operational resilience platform and further validate NUBURU’s strategy of building an integrated defense, security, and critical-infrastructure ecosystem through targeted acquisitions, strategic investments, and platform integration. The customer operates one of the largest fixed telecommunications infrastructure platforms in the Italian domestic market, supporting millions of end users through a nationwide network footprint and playing a critical role in enabling connectivity across commercial and institutional environments. The cumulative orders cover Orbit’s New Cybersecurity Framework and related services, including software maintenance, right-to-use licensing and Azure cloud-migration support for 2026 and the first half of 2027. The approximately US$240,000 order value represents billable customer purchase-order value; the timing and amount of revenue recognition in NUBURU’s consolidated financial statements will be determined in accordance with applicable U.S. GAAP, including relevant consolidation, foreign-currency translation and other accounting considerations. Orbit Continues to Validate NUBURU’s Integrated Platform Strategy Over the past several months, NUBURU has executed a deliberate strategy to build an integrated defense, security, and critical-infrastructure platform through targeted acquisitions, strategic investments, and technology partnerships. Orbit’s continued commercial traction provides further validation of this approach, demonstrating growing demand for software-driven operational resilience, situational awareness, and decision-support solutions across increasingly complex infrastructure environments. Management believes that software-based orchestration platforms capable of integrating cyber, operational, infrastructure, and security data into a unified command environment will become increasingly important as governments, defense organizations, utilities, telecommunications operators, and enterprise customers confront growing operational complexity and evolving threat landscapes. The deployment is structured as a scalable entry point across the customer’s operational environment and provides confirmed order visibility across 2026 and the first half of 2027. Expanding Commercial Pipeline Across Critical Infrastructure Markets Separately, commercial offers issued to date in Orbit’s current pipeline support approximately US$825,000 in additional new-order visibility across mission-critical and critical-infrastructure accounts, including telecommunications, financial infrastructure, transportation networks, public-sector organizations, defense and dual-use applications, industrial operators, and utility providers. This visibility does not represent signed revenue, billings or backlog unless and until offers are accepted and definitive customer orders are executed. Orbit Ownership and Path to Full Acquisition NUBURU, via Nuburu Defense LLC (“Nuburu Defense”), currently holds approximately 22.7% equity interest in Orbit, with governance rights that support strategic and operational alignment. Following recent shareholder approval authorizing the issuance of shares to complete the transaction, the Company expects to finalize the acquisition of 100% of Orbit by year-end. Full ownership is expected to further enhance NUBURU’s ability to integrate Orbit as the software command and orchestration layer of its platform, capture the full economic value of growth, and accelerate commercialization across both defense and civilian critical infrastructure markets. Management Commentary Dario Barisoni, Co-CEO of NUBURU and CEO of Nuburu Defense, commented: “These cumulative orders further validate Orbit’s technology and reinforce our conviction that operational resilience and software-based command platforms represent significant long-term opportunities across both civilian and defense markets. “Operators managing large-scale, mission-critical infrastructure are increasingly required to address complex, multi-domain risks through unified, software-driven frameworks. Orbit enables real-time orchestration across prevention, detection, and response layers, and the confirmed 2026 and first-half 2027 scope provides a stronger foundation from which to pursue broader critical-infrastructure market expansion. “As we continue progressing toward full ownership of Orbit, we believe the platform can serve as a key software foundation supporting the broader expansion of NUBURU’s integrated Defense & Security strategy. The commercial-offer visibility we are seeing across mission-critical customers further demonstrates the scalability and commercial leverage of our model.” Expanding Demand for Operational Resilience Operators of national-scale infrastructure - particularly in telecommunications - are undergoing a structural shift toward software-defined resilience architectures integrating: Advanced monitoring of critical assets and interdependencies; Scenario modeling and risk simulation; Automated response and continuity workflows; and Alignment with evolving resilience and operational standards. These dynamics are driven by increasing infrastructure complexity and the growing need to ensure continuous service availability across security-sensitive environments. Positioning Within NUBURU’s Platform Strategy Orbit represents the software command and orchestration layer of NUBURU’s modular, building-block platform - not simply a dashboard - enabling: Coordination of multi-domain operational, cyber, infrastructure, and supply-chain data into a decision-ready command environment; and Future integration with non-kinetic and directed-energy systems; Deployment across defense, dual-use, and civilian critical-infrastructure use cases. This approach supports NUBURU’s evolution toward a unified platform architecture with scalable modules, providing customers with a single point of access to software-led command, resilience, and defense capabilities. 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. 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 include, without limitation, statements regarding NUBURU’s platform strategy; Orbit’s expected role as a software intelligence, situational-awareness, interoperability and operational-resilience layer within NUBURU’s Defense & Security Platform; expected integration of Orbit with NUBURU and third-party components; the expected completion and benefits of NUBURU’s acquisition of 100% of Orbit; expected commercialization across defense, security and critical-infrastructure markets; the expected timing and accounting treatment of Orbit customer orders; and the conversion of commercial offers, pipeline or new-order visibility into definitive customer orders, billings or revenue. The approximately US$240,000 cumulative order value described in this release represents customer purchase-order value/billings; recognition as revenue in NUBURU’s consolidated financial statements is subject to U.S. GAAP, including applicable revenue-recognition, consolidation, foreign-currency translation and other accounting determinations. Commercial-offer visibility does not represent signed revenue, billings or backlog. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including but not limited to: (1) the ability to meet applicable securities exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through foreclosure; (3) failure to achieve expectations regarding business development and acquisition strategies; (4) inability to access sufficient capital; (5) inability to realize anticipated benefits of acquisitions; (6) changes in applicable laws or regulations; (7) adverse economic, business, or competitive factors; (8) financial market volatility due to geopolitical and economic factors; (9) delays or failures in customer acceptance, deployment, integration, invoicing or payment; (10) inability to convert commercial offers or pipeline visibility into definitive orders, billings or revenue; (11) changes in U.S. GAAP accounting conclusions, foreign-exchange rates, consolidation treatment or other accounting determinations; (12) technical, regulatory, customer, partner or integration limitations affecting Orbit’s expected platform role; and (13) 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. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities. Source: NUBURU, Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601954298/en/ NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net Original: NUBURU Expands Defense & Security Platform Momentum with Tier-One Critical Infrastructure Customer, Highlighting Approximately $1.1 Million of Orbit Order Value and Commercial Visibility
US Market News
3週前
NUBURU Signs Tekne SPA and Initiates Golden Power Filing Process for Majority AcquisitionMay 27, 2026 8:37 AM
Business Wire Definitive SPA formalizes path to 70% control of Tekne, allowing NUBURU to target approximately US$459 million pro rata share of Tekne’s projected 2026–2030 cumulative revenue within its next-generation 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, on May 26, 2026, NUBURU, NUBURU Defense LLC, Tekne S.p.A. (“Tekne”) and Tekne’s historical shareholders signed a binding definitive Share Purchase and Investment Agreement (“SPA”), formalizing NUBURU’s planned acquisition of a controlling 70% ownership stake in Tekne, subject to authorization under Italy’s Golden Power framework. The signing of the SPA represents a significant milestone in NUBURU’s strategic transformation into an integrated defense and security platform serving modern defense and security, critical infrastructure, and digital-resilience markets. Under the SPA, NUBURU Defense is expected to reach 70% ownership 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. The SPA also includes a revenue-based earn-out component payable to Tekne’s historical shareholders, as summarized below. NUBURU has already provided approximately €16.692 million of shareholder financing to Tekne, including €13 million funded in January 2026 and an incremental €3.692 million funded in March 2026. Under the SPA, NUBURU Defense has also agreed to provide an additional €1.0 million within two business days after signing and may provide further interim shareholder financing, subject to agreed financial planning, to support Tekne’s operational continuity, industrial execution and turnaround path while the Golden Power process advances. NUBURU is preparing the Golden Power notification and expects to submit it to the Italian Government within 10 days of the May 26, 2026 signing. NUBURU and Tekne have conducted extensive, constructive discussions with representatives of the Italian Government in advance of filing, 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 Government review. Based on Tekne’s business, prepared under applicable Italian domestic GAAP, Tekne projects cumulative 2026-2030 revenue of approximately US$655 million, including a ramp from approximately US$58 million in 2026 to approximately US$231 million in 2030; at NUBURU’s expected 70% ownership, this would represent approximately US$459 million on a pro rata economic ownership basis, subject to closing, Golden Power authorization and Tekne’s achievement of the plan. Signed SPA Establishes Binding Path Toward Majority Control of Tekne The signed SPA establishes a structured path for NUBURU to acquire majority ownership and control of Tekne based on a fixed €52 million pre-money valuation of Tekne and a transaction structure comprising: Conversion of approximately €17.692 million of shareholder financing into equity, including the existing €16.692 million financing and the €1.0 million advance contemplated by the SPA; A cash contribution of up to €12.0 million as part of a €29.692 million capital increase designed to support industrial expansion, operating continuity and long-term platform growth; A €5.2 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 €29.692 million. Taken together, the SPA provides for aggregate potential transaction consideration and investment commitments of up to approximately €64.6 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. Golden Power Process Advanced Through Pre-Filing Government Engagement The transaction remains subject to authorization under Italy’s Golden Power framework for strategic defense and national-interest assets. Following the signing of the SPA, NUBURU is advancing the notification package and related industrial plan for submission within 10 days of the May 26, 2026 signing of the SPA. The filing is expected to be supported by a comprehensive industrial and strategic development plan focused on: Preserving and expanding Tekne’s Italian industrial footprint; Protecting strategic defense technologies and intellectual property; Supporting employment growth and technical capability development in Italy; Supporting Tekne’s 2026-2030 business plan, which projects cumulative revenue of approximately US$655 million over the period (Italian domestic GAAP), representing approximately US$459 million on a 70% pro rata economic ownership basis; Strengthening Tekne’s role within NATO and allied defense ecosystems; and Expanding integrated capabilities across mobility, electronic warfare, counter-drone systems and non-kinetic defense technologies. Tekne Expected to Become Foundational Asset Within NUBURU Defense Platform Upon completion, 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 and software orchestration capabilities. Platform Scale Expected to Accelerate Revenue Expansion and Industrial Growth Based on Tekne’s business plan, prepared under Italian domestic GAAP, Tekne projects cumulative 2026-2030 revenue of approximately US$655 million, including a ramp from approximately US$58 million in 2026 to approximately US$231 million in 2030. At NUBURU’s expected 70% ownership, this would represent approximately US$459 million on a pro rata economic ownership basis, subject to closing, Golden Power authorization and Tekne’s achievement of the plan. The transaction is expected to accelerate NUBURU’s transformation into an integrated operating defense and security platform at scale with enhanced and expanding exposure and access to high-growth defense and security markets. Key anticipated growth drivers include: Expansion of military mobility and special vehicle programs; Scaling of electronic warfare and CEMA systems; Development of non-kinetic defense applications leveraging NUBURU’s directed-energy technologies; Expansion opportunities across NATO and allied markets; and Integration with NUBURU’s broader defense ecosystem, including Lyocon, Orbit and the Maddox Defense joint venture. Management Commentary Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented: “The signing of the definitive SPA is a transformational milestone for NUBURU. We now have a binding agreement that sets out the path to majority control of Tekne, with a clear 70% ownership target, meaningful capital already committed and a defined Golden Power process. The transaction is expected to accelerate NUBURU’s transformation into an integrated operating defense and security platform at scale with enhanced and expanding exposure and access to high-growth defense and security markets.” Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added: “Tekne provides NUBURU with a highly strategic industrial foundation spanning defense mobility, electronic warfare and mission-critical systems integration. Based on Tekne’s business plan, Tekne projects cumulative 2026-2030 revenue of approximately US$655 million, representing approximately US$459 million on a 70% pro rata economic ownership basis.” 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. 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 expected timing, preparation, submission and outcome of the Golden Power notification; 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 (which includes 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 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 prepare and submit the Golden Power notification within the expected timeframe and to obtain Golden Power authorization on acceptable terms or at all; (2) the possibility that the Golden Power review may be delayed, conditioned 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 (which includes 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 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/20260527673267/en/ NUBURU Investor Relations: ir@nuburu.net
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Website: www.nuburu.net Original: NUBURU Signs Tekne SPA and Initiates Golden Power Filing Process for Majority Acquisition