The next-generation 3D printing solution will
utilize area printing technology with the aim of building metal
parts up to 100x faster
NUBURU®, an industry leader in high-power and
high-brightness blue lasers for 3D printing and industrial
applications, has been awarded an AFWERX Small Business Innovation
Research (SBIR) Phase II contract to develop a blue laser-based 3D
printing solution with area printing technology.
The goal of the one-year project is to demonstrate improved
speed and accuracy of a metal 3D printer based on NUBURU’s blue
laser technology. This new class of 3D printers will aim to offer
micron level resolution, increased part size and metal density, up
to 100X build speed, with minimal to zero post-processing and part
shrinkage.
“We are honored to bring the power of blue laser technology and
next-generation 3D printing capabilities to the United States
military through this contract,” said Mark Zediker, PhD, CEO and
co-founder of NUBURU. “By combining the absorption advantages of
blue lasers with area printing technology, we aim to create larger
scale 3D printers that can offer up to 100x the printing speed of
an infrared laser-based printer with full metal density. If we are
successful, this could allow the military to build replacement
parts for older aircraft that have been obsoleted by the original
suppliers and can otherwise take months to procure. This would
greatly diminish the time required to build and replace critical
components and would allow aircraft to return to operational
readiness more quickly.”
“NUBURU has already pioneered metal welding applications within
batteries, e-mobility and consumer electronics, and we are excited
to continue expanding our capabilities into metal 3D printing, all
with the same powerful blue laser technology,” said Ron Nicol,
executive chairman of NUBURU. “This project will help to bring area
printing, with its high throughput capabilities and cost
advantages, to key markets such as aerospace, automotive and
more.”
AFWERX is an innovation arm of the U.S. Department of the Air
Force that accelerates agile and affordable capability transitions
by pairing innovative technology developers with Airman and
Guardian talent.
For more information about NUBURU, please visit
www.nuburu.net.
For more information on AFWERX, please visit
https://afwerx.com/.
About NUBURU
Founded in 2015, NUBURU® is leading the transformation to a
world of high-speed, high-quality metal machining and processing.
NUBURU’s ground-breaking blue laser technology has defined a new
class of high-power, high-brightness blue lasers, starting with the
standard AO™ laser and the extreme-brightness AI™ laser, which each
enable radical gains in speed and quality for metal processing. For
more information, visit the company’s website at
www.nuburu.net.
About AFWERX
Established in 2017, AFWERX is the U.S. Air Force’s team of
innovators who encourage and facilitate connections across
industry, academia and the military to create transformative
opportunities and foster a culture of innovation. Their mission is
to solve problems and enhance the effectiveness of the service by
enabling thoughtful, deliberate, ground-up innovation.
Important Information and Where to Find It
This press release relates to a proposed transaction between
Tailwind Acquisition Corp. (“TWND”) (NYSE: “TWND,” “TWND.U” and
“TWND WS”) and NUBURU, Inc. (“NUBURU”). TWND intends to file a
registration statement on Form S-4 with the Securities and Exchange
Commission (the “SEC”), which will include a document that serves
as a prospectus and proxy statement of TWND (the “Business
Combination Proxy Statement”). The Business Combination Proxy
Statement will be sent to all TWND stockholders. TWND also will
file other documents regarding the proposed transaction with the
SEC.
On August 18, 2022, TWND filed a definitive proxy statement (the
“Extension Proxy Statement”) for a special meeting of the
stockholders to be held to approve an extension of time for TWND to
complete an initial business combination through March 9, 2023 (the
“Extension Proposal”). The Definitive Extension Proxy Statement was
sent to TWND’s stockholders of record as of the record date set
therein. Stockholders may also obtain a copy of the Definitive
Extension Proxy Statement at the SEC’s website (www.sec.gov).
Before making any voting decision, investors and security
holders of TWND are urged to read the Extension Proxy Statement,
the registration statement, the Business Combination Proxy
Statement and all other relevant documents filed or that will be
filed with the SEC in connection with the proposed transaction as
they become available because they will contain important
information about the proposed transaction.
Investors and security holders will be able to obtain free
copies of the registration statement, the Business Combination
Proxy Statement and all other relevant documents filed or that will
be filed with the SEC by TWND through the website maintained by the
SEC at www.sec.gov. The documents filed by TWND with the SEC also
may be obtained free of charge upon written request: Tailwind
Acquisition Corp., 1545 Courtney Avenue, Los Angeles, CA 90046.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS
APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS
RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS
COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR
ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY
REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Learn more at https://twnd.tailwindacquisition.com/.
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,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including certain financial forecasts and projections. All
statements other than statements of historical fact contained in
this press release, including statements as to future results of
operations and financial position, revenue and other metrics
planned products and services, business strategy and plans,
objectives of management for future operations of NUBURU, market
size and growth opportunities, competitive position and
technological and market trends, are forward-looking statements.
Some of these forward-looking statements can be identified by the
use of forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,”
“plan,” “targets,” “projects,” “could,” “would,” “continue,”
“forecast” or the negatives of these terms or variations of them or
similar expressions. All forward-looking statements are subject to
risks, uncertainties, and other factors which could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements. All forward-looking statements are
based upon estimates, forecasts and assumptions that, while
considered reasonable by TWND and its management, and NUBURU and
its management, as the case may be, are inherently uncertain and
many factors may cause the actual results to differ materially from
current expectations which include, but are not limited to: (1) the
occurrence of any event, change or other circumstances that could
give rise to the termination of the business combination agreement
with respect to the business combination; (2) the outcome of any
legal proceedings that may be instituted against NUBURU, TWND, the
combined company or others following the announcement of the
business combination and any definitive agreements with respect
thereto; (3) the inability to complete the business combination due
to the failure to obtain approval of the stockholders of TWND or
the stockholders of NUBURU, or to satisfy other closing conditions
of the business combination; (4) changes to the proposed structure
of the business combination that may be required or appropriate as
a result of applicable laws or regulations or as a condition to
obtaining regulatory approval of the business combination; (5) the
ability to meet NYSE’s listing standards following the consummation
of the business combination; (6) the risk that the business
combination disrupts current plans and operations of NUBURU as a
result of the announcement and consummation of the business
combination; (7) the inability to recognize the anticipated
benefits of the business combination, which may be affected by,
among other things, competition, the ability of the combined
company to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; (8) costs related to the business
combination; (9) changes in applicable laws or regulations; (10)
the possibility that NUBURU or the combined company may be
adversely affected by other economic, business and/or competitive
factors; (11) the inability to obtain financing from Lincoln Park
Capital; (12) the risk that the business combination may not be
completed in a timely manner or at all, which may adversely affect
the price of TWND’s securities; (13) the risk that the transaction
may not be completed by TWND’s business combination deadline and
the potential failure to obtain an extension of the business
combination deadline if sought by TWND; (14) the impact of the
COVID-19 pandemic, including any mutations or variants thereof, and
its effect on business and financial conditions; (15) volatility in
the markets caused by geopolitical and economic factors; and (16)
other risks and uncertainties set forth in the sections entitled
“Risk Factors” and “Cautionary Note Regarding Forward-Looking
Statements” in TWND’s Form S-1 (File No. 333-248113), Quarterly
Report on Form 10-Q for the quarterly period ended June 30, 2022
and registration statement on Form S-4 that TWND intends to file
with the SEC, which will include a document that serves as a
prospectus and proxy statement of TWND, referred to as a proxy
statement/prospectus and other documents filed by TWND from time to
time with the SEC. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward-looking statements will be
achieved. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. Neither
TWND nor NUBURU gives any assurance that either TWND or NUBURU or
the combined company will achieve its expected results. Neither
TWND nor NUBURU undertakes any duty to update these forward-looking
statements, except as otherwise required by law.
Participants in the Solicitation
TWND and NUBURU and their respective directors and executive
officers may be deemed to be participants in the solicitation of
proxies from TWND’s stockholders in connection with the proposed
transactions. TWND’s stockholders and other interested persons may
obtain, without charge, more detailed information regarding the
directors and executive officers of TWND listed in TWND’s
registration statement on Form S-4, which is expected to be filed
by TWND with the SEC in connection with the business combination.
Information regarding the persons who may, under SEC rules, be
deemed participants in the solicitation of proxies to TWND’s
stockholders in connection with the proposed business combination
will be set forth in the proxy statement/prospectus on Form S-4 for
the proposed business combination, which is expected to be filed by
TWND with the SEC in connection with the business combination.
No Offer or Solicitation
This press release is not intended to and does not constitute an
offer to sell or the solicitation of an offer to buy, sell or
solicit any securities or any proxy, vote or approval, nor shall
there be any sale of securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction. No offer of securities shall be deemed to be made
except by means of a prospectus meeting the requirements of Section
10 of the Securities Act.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220823005370/en/
Media Contact: Brian Knaley ir@nuburu.net Investor
Relations Contacts: Mark Roberts mark@blueshirtgroup.com
Michael Anderson michael@blueshirtgroup.com
Tailwind Acquisition (NYSE:TWND)
過去 株価チャート
から 11 2024 まで 12 2024
Tailwind Acquisition (NYSE:TWND)
過去 株価チャート
から 12 2023 まで 12 2024
