Nuburu, Inc.

NUBURU Appoints Gianluca Trezza as CEO of TEKNE and Provides Commercial Update

NUBURU appointed Gianluca Trezza, a former Guardia di Finanza Major and ELT Group defense executive, as CEO of its 70%-owned subsidiary TEKNE effective October 26, 2026, a week after closing the Tekne acquisition. Trezza's mandate includes pursuing reactivation of Italian defense programs placed on hold during the Golden Power authorization process and developing electronic-warfare, special-vehicle and defense-mobility lines. The company also disclosed a commercial overview valuing Tekne's remaining orders at roughly $97M, potential reactivation programs at ~$273M, and additional pipeline at ~$260M through 2031 -- all preliminary, unaudited, and contingent on government decisions and new awards rather than recognized backlog.

•5d ago

NUBURU Reports Execution Progress on Tekne’s $17.1 Million Special-Vehicle Program Following Acquisition

NUBURU provided an execution update on Tekne's approximately $17.1 million special-vehicle program with an Italian public-sector customer, following the October 15 closing of its 70% controlling-interest acquisition. Tekne issued approximately $3.4 million in advance invoices (20% of contract value) on September 30, 2026, before the acquisition closed; the company cautioned that advance billings do not indicate cash received or revenue recognized. The scope covers more than 200 firefighting and emergency-response vehicles with deliveries due 180 and 270 days after prototype acceptance. The release also flags a separate ~$3.2 million fire-surveillance program in Tekne's order register and reiterates management's ~$108.7 million normalized residual portfolio value and ~$652.3 million 2026-2030 value-of-production projection, which is not US GAAP revenue guidance.

•6d ago

NUBURU Completes Tekne Acquisition, Adding a $93 Million Defense & Dual-Use Program Portfolio and Advancing Expansion Across NATO and Allied Markets

NUBURU completed its acquisition of a 70% controlling interest in Italian defense manufacturer Tekne S.p.A., closing in Italy after Italian Golden Power authorization granted August 5, 2026. Terms were renegotiated favorably: a EUR 5.2 million fixed purchase price, earn-out capped at EUR 20 million payable only in cash (no share issuance), and a EUR 29.7 million waiver of shareholder loans converted into permanent Tekne equity. NUBURU gains control of 185 personnel, three Italian facilities, and roughly $93.1 million of remaining program value in electronic warfare and defense mobility — though that figure is a preliminary, unaudited management measure, not signed backlog. Key execution risks include deferred-payment and guaranteed earn-out obligations, acceleration provisions, leadership appointments still subject to approvals (including ANAC sign-off for Chairman Serino), and continued-listing risk on NYSE American.

•12d ago

NUBURU Provides Update on Tekne Acquisition Timetable: Golden Power Approved, October 15 Closing Targeted

NUBURU is targeting October 15, 2026 for the notarial meeting to complete its acquisition of a 70% controlling interest in Italian industrial company Tekne S.p.A. Italian Golden Power authorization was granted August 5, 2026 and the Italian sub-holding NUBURU Defense Italy S.r.l. is in place, leaving only corporate approvals and final documentation outstanding. Tekne brings approximately $135.4 million in preliminary, unaudited net remaining order value and roughly 185 personnel across three Italian sites to NUBURU's Defense & Security platform.

•18d ago

NUBURU Confirms Closing Funds in Place for Tekne Acquisition and Approximately $135.4 Million in Net Remaining Order Value

NUBURU confirmed it holds all funds required to close its acquisition of a 70% controlling interest in Tekne S.p.A., with no additional capital raise needed and completion targeted for the first week of October 2026. The Italian Government's Golden Power authorization was secured on August 5, 2026, and remaining steps include incorporating Nuburu Defense Italy S.r.l., a Tekne shareholders' vote on the capital increase, and notarial formalities. Tekne management reported approximately $135.4 million in net remaining order value, after excluding roughly $12.6 million of orders flagged for elevated cancellation risk; the company cautions this is not GAAP revenue or funded backlog. NUBURU is preparing U.S. and NATO-market expansion, including a planned Washington defense corridor demonstration facility in Q1 2027 and a U.S. task force with Maddox Defense, while General Pietro Serino is set to become Tekne Chairman at closing.

•1mo ago

NUBURU Wins First 1W Laser Dazzler Pilot Order Advancing Its Law Enforcement and Public Security Offering

NUBURU won its first pilot order for the 1W laser dazzler, an optical warning and deterrence system, from a tier-one government-owned defense electronics and systems integrator in a major Asia-Pacific market. It is the customer's second engagement with NUBURU after an approximately $250,000 order for the 7W system in March 2026, and it opens a non-binding pathway to a follow-on of up to 500 additional units worth more than US$1.6 million at indicative production pricing. NUBURU cautions the pilot is limited in scope, not expected to be financially material, and that any follow-on remains subject to successful evaluation, definitive agreements, budgets and approvals. The order lands days after NUBURU resumed NYSE American trading on September 14, 2026, following a ~$38.0 million July offering, repayment of ~$16.75 million in principal obligations, positive equity of $9.37 million, and Golden Power clearance for the still-unclosed 70% Tekne S.p.A. acquisition.

•1mo ago

NUBURU Resumes Trading on NYSE American as Shareholder Letter Details Tekne’s $135.4 Million Net Order Value and October Closing Target

NUBURU resumed trading on NYSE American and is targeting a first-half October close for its proposed 70% acquisition of Italian defense manufacturer Tekne S.p.A., which holds approximately $135.4 million in net remaining order value after excluding $12.6 million flagged for elevated cancellation risk. The balance sheet improved materially: stockholders' equity stood at positive $9.37 million at June 30, 2026 — a second consecutive positive quarter clearing NYSE American's $4.0 million threshold — after a $38.0 million July offering funded repayment of roughly $16.75 million in principal obligations including the full December 2025 YA debenture. Caveats remain: Tekne's order figures are preliminary, unaudited and not funded backlog; preferred stock and warrants from the offering are live dilution sources; and the company carries only a roughly $23.6 million market value following a 1-for-40 reverse split, with the letter itself citing going-concern uncertainty.

•1mo ago

NUBURU Advances Tekne Closing and Defense & Security Platform Integration; Tekne Management Reports Approximately $135.4 Million in Adjusted Active Remaining Order Value

NUBURU expects to close its acquisition of a 70% controlling interest in Tekne S.p.A. during the first half of October 2026, following the receipt of Italian Golden Power authorization. Tekne management reported approximately $135.4 million in adjusted active remaining order value, representing backlog subject to closing verification and realization risks. The company is advancing integration through the formation of NUBURU Defense Italy and plans for a Platform Integration and Software Factory to unify its defense capabilities.

•1mo ago

NUBURU Reports Second Consecutive Quarter of Positive Stockholders' Equity, Italian Golden Power Authorization for Tekne, and September NYSE American Appeal Hearing

NUBURU received Italian Golden Power authorization for its proposed acquisition of 70% of Tekne S.p.A., clearing the transaction's principal regulatory hurdle. Tekne brings approximately $108.7 million of normalized residual signed-order value, subject to customary closing conditions. The company reported its second consecutive quarter of positive stockholders' equity at $9.37 million, funded by a $38 million public offering that eliminated approximately $16.75 million in debt obligations, including the YA debenture and Lyocon notes. Trading on NYSE American remains suspended pending a hearing scheduled for September regarding the low selling price determination; shares currently trade on the OTC Pink market under the same symbol.

•2mo ago

NUBURU Receives Italian Golden Power Clearance to Acquire 70% of Tekne S.p.A.

NUBURU received Italian Golden Power clearance to acquire a 70% controlling interest in Tekne S.p.A., removing the principal regulatory hurdle for the transaction. The target, Tekne, brings approximately $108.7 million in signed-order backlog and a projected 2026-2030 production value of $648.0 million under Italian domestic GAAP. Closing is expected within 30 days; the acquisition is supported by a recently closed $38.0 million public offering and $23.7 million in shareholder loans.

•2mo ago

NUBURU Advances on Tekne Acquisition, Extinguishing $16.75 Million in Debt Days After $38.0 Million Offering

NUBURU has fully repaid approximately $16.75 million in debt, including its December 2025 debenture and Lyocon acquisition notes, using proceeds from a recent $38.0 million public offering. This action eliminates recurring monthly amortization obligations and frees up capital resources, significantly simplifying the company's capital structure. The company intends to use the remaining net proceeds to satisfy financial-assurance requirements for the proposed 70% acquisition of Tekne S.p.A. and to execute its integrated Defense & Security platform. NUBURU continues to trade on the OTC Pink market while it seeks to regain compliance and resume trading on the NYSE American.

•3mo ago

NUBURU Announces Closing of $38.0 Million Public Offering

NUBURU closed a $38.0M public offering at $0.1555 per share, a 30% premium to its prior close, issuing 244.4M shares of common stock and/or pre-funded warrants with accompanying Series B Preferred Stock. Proceeds will advance the proposed Tekne acquisition and retire outstanding indebtedness, with Joseph Gunnar & Co. acting as exclusive placement agent. Simultaneously, the company received an NYSE American delisting notice for trading below $0.10 but plans to appeal and implement a reverse stock split to regain compliance.

•3mo ago

NUBURU Announces $38.0 Million Public Offering Priced at Approximately 30% Premium to Advance Tekne Acquisition and Retire Outstanding Indebtedness

NUBURU priced a $38 million public offering at $0.1555 per share, representing a 30% premium to the previous day's closing price of $0.1199. The proceeds will be used to satisfy financial assurance requirements for the acquisition of a 70% controlling interest in Tekne S.p.A., pending Golden Power clearance. Additionally, the company plans to retire $15.5 million in outstanding debentures and pay $1.25 million in convertible notes, thereby halting recurring equity-line share issuances.

•3mo ago

NUBURU Announces Proposed Premium-Priced Public Offering Expected to Provide Sufficient Funding to Consummate the Acquisition of a Controlling Interest in Tekne and Extinguish Outstanding Indebtedness and Related Stock-Based Amortizations

NUBURU announced a proposed best-efforts public offering of up to $38.0 million, priced at a 5% premium to the July 10 closing price. The company intends to use the proceeds to acquire a 70% controlling interest in Tekne S.p.A. and redeem approximately $16.75 million in outstanding indebtedness, including debentures and convertible notes. This move is expected to end recurring stock issuances under the equity line for at least 90 days and strengthen stockholders' equity to support continued NYSE American listing compliance.

•3mo ago

NUBURU Reports Initial Tekne Laser Dazzler Counter-UAS Test Results Under Italian Plan as Golden Power Review Continues

NUBURU reported successful initial test results for its Tekne laser dazzler counter-UAS system, achieving complete suppression of drone electro-optical sensors and denying visual acquisition in controlled indoor trials. The tests confirmed effectiveness across multiple UAV configurations and irradiance levels, supporting the integration of NUBURU's laser technology into Tekne tactical systems. Regarding the pending acquisition, NUBURU has provided EUR 17.692 million in financing and an additional EUR 1.1 million in interim funding to Tekne, while the transaction awaits final Italian Government Golden Power authorization.

•3mo ago

NUBURU Issues Letter to Shareholders on Transformation Plan Execution, Initial Revenue Generation and Industrial Platform Build-Out

NUBURU reported a significant operational turnaround, disclosing $76.1 million in total assets and positive stockholders' equity of $2.2 million as of March 31, 2026, following the generation of its first quarterly revenue of approximately $407,644. The company expects to satisfy NYSE American continued-listing standards by exceeding the $4.0 million equity threshold, citing a combined commercial pipeline of over $6 million across its Lyocon and Orbit subsidiaries. NUBURU is moving forward with the 70% acquisition of Tekne, having filed the Golden Power notification with a decision expected in early August, while simultaneously expanding its U.S. footprint through a joint venture with Maddox Defense and a strategic alliance with SunCubes.

•3mo ago

NUBURU Presents NUBURU Defense Italian Plan and Strengthens Strategic Team Following Golden Power Notification

NUBURU detailed its Italian defense plan, projecting cumulative gross revenue of $336.3 million from 2026 to 2029, driven by the planned acquisition of a 70% stake in Tekne S.p.A. The strategy integrates acquisitions like Tekne (electronic warfare), Lyocon (photonics), and Orbit (software) into a software-driven platform for defense and security customers. NUBURU also announced an additional EUR1.0 million working capital injection for Tekne and confirmed the transaction structure includes a EUR52 million valuation and a capped earn-out.

•4mo ago

NUBURU, Through Lyocon, to Design Blue-Laser Technology for SunCubes’ DEEP LIGHT Underwater Power Platform

NUBURU announced a Head of Terms with SunCubes to jointly design blue-laser power-beam technology for the DEEP LIGHT underwater wireless power platform. The collaboration leverages NUBURU’s subsidiary Lyocon for laser-source manufacturing and integration, targeting the strategic underwater autonomy and subsea power markets. The agreement is non-binding and subject to definitive documentation, technical validation, and regulatory clearances including Golden Power and export controls. No immediate revenue is expected.

•4mo ago

BURU: 8-K · material agreement

Nuburu, Inc. (BURU) entered into a binding Head of Terms with SunCubes S.r.l., an Italian developer of laser-based wireless power transmission and beam-control technologies, to pursue an industrial cooperation framework and a minority investment. The agreement involves a potential investment of up to €1,000,000 by Nuburu into SunCubes, structured as advance payments contingent on the execution of definitive agreements and the receipt of necessary Italian government and export-control clearances by December 30, 2026. Under the cooperation framework, Nuburu will receive a non-exclusive license to SunCubes' background IP for developing vehicle-integrated "Laser Arm" directed-energy systems, with plans to establish an R&D hub in Milan and industrialize systems at Italian facilities, including Nuburu's subsidiary Lyocon and potential majority-owned entity Tekne.

SEC 8-K•4mo ago

NUBURU Files Golden Power Notification for Majority Acquisition of Tekne, Launching Formal Review by the Italian Government

NUBURU has submitted the Golden Power notification to the Italian Government for its planned acquisition of a controlling 70% stake in Tekne S.p.A., formally launching the regulatory review process. The filing includes the definitive SPA and a business plan projecting Tekne’s cumulative 2026-2030 revenue at approximately EUR564.7 million (US$655 million), representing roughly US$459 million in pro-rata economic exposure for NUBURU. The transaction structure involves a EUR52 million pre-money valuation, with aggregate potential consideration up to EUR64.6 million, including a capital increase, share purchases, and a revenue-based earn-out capped at EUR29.692 million. The Italian Government has a standard 45-day review period, during which it may impose conditions or prescriptions; completion remains subject to this authorization and other SPA closing steps.

•4mo ago

NUBURU Expands Defense & Security Platform with Laser Arm Initiative Targeting the Fast-Growing Directed-Energy and Counter-UAS Markets

NUBURU signed a binding head of terms with Italian deep-tech firm SunCubes to create a 'Laser Arm' capability for counter-drone and directed-energy applications. The deal involves a staged investment of up to €1 million by NUBURU (via its subsidiary Lyocon) into SunCubes, contingent on definitive agreements and regulatory clearances like Golden Power and export controls. The partnership aims to combine Lyocon’s laser manufacturing with SunCubes’ beam-control technology to address the rapidly growing counter-UAS market, which analysts estimate will reach $6.8 billion by 2035.

•4mo ago

BURU: 8-K · material agreement

Nuburu, Inc. (BURU) entered into an Investment Agreement on May 26, 2026, to acquire a controlling 70% equity interest in Tekne S.p.A., an Italian defense company. The transaction is structured in two phases: first, Nuburu Defense will acquire a 57.1% stake for a subscription price of €29.692 million, subject to Italian government approval under Golden Power Regulations by September 30, 2026. Following the initial closing, Nuburu Defense will purchase an additional 10% stake from Tekne’s shareholders for €5.2 million in cash plus an earn-out of up to €29.692 million based on Tekne’s annual revenues from 2027 to 2036. Nuburu has already contributed €17.692 million to Tekne via a convertible receivable and agreed to provide up to $12 million in additional funding to complete the subscription price. If the Italian government does not grant the required authorization by the deadline, the agreement will terminate, and Tekne will be required to repay the convertible receivable. The deal positions Nuburu to expand its defense capabilities, though it carries regulatory risk and significant capital commitment.

SEC 8-K•4mo ago

NUBURU Expands Defense & Security Platform Momentum with Tier-One Critical Infrastructure Customer, Highlighting Approximately $1.1 Million of Orbit Order Value and Commercial Visibility

NUBURU announced that its subsidiary Orbit secured cumulative orders totaling approximately $240,000 from a Tier-One national telecommunications infrastructure operator in Italy. The company also reported approximately $825,000 in additional commercial pipeline visibility across critical infrastructure sectors, though these are not yet signed contracts. NUBURU currently holds a 22.7% equity interest in Orbit and expects to finalize the acquisition of 100% ownership by year-end 2026.

•4mo ago

NUBURU Signs Tekne SPA and Initiates Golden Power Filing Process for Majority Acquisition

NUBURU signed a binding Share Purchase Agreement to acquire a 70% controlling stake in Italian defense firm Tekne S.p.A., formalizing its transformation into an integrated defense platform. The transaction is based on a €52 million pre-money valuation, with total consideration and investment commitments reaching up to €64.6 million, including a revenue-based earn-out capped at €29.7 million. Closing is subject to authorization under Italy’s Golden Power framework, for which NUBURU expects to file within 10 days. Tekne projects cumulative revenue of $655 million from 2026 to 2030, representing a $459 million pro-rata share for NUBURU.

•5mo ago

NUBURU Reports First Quarter 2026 Results, Highlighting Initial Revenue Generation and Return to Positive Stockholders’ Equity

NUBURU reported Q1 2026 results highlighting a return to positive stockholders' equity of $2.17 million, up from a $15.18 million deficit at year-end 2025. The company generated $407,644 in revenue, driven by the consolidation of subsidiaries Orbit and Lyocon, marking its first commercial revenue generation. Net loss narrowed significantly to $459,898 from $16.61 million in the prior year, though total liabilities increased to $73.05 million due to financing and acquisition activity.

•5mo ago

NUBURU Expects to Report Positive Stockholders’ Equity and Provides NYSE American Listing Compliance Update

NUBURU expects to report positive stockholders’ equity of approximately $3.2 million as of March 31, 2026, a significant improvement from the $15.2 million deficit reported at year-end 2025. The company received a notice of noncompliance from NYSE American on April 29, 2025, and a subsequent notice on May 12, 2026, for failing to meet the $4.0 million stockholders’ equity requirement. NUBURU's Compliance Plan, previously accepted by NYSE American, remains in effect, and the company expects to demonstrate compliance in its Q2 2026 Form 10-Q.

•5mo ago

NUBURU Accelerates Defense & Security Platform Strategy, Advancing Tekne Golden Power Pathway and Expanding Directed-Energy Laser Roadmap

NUBURU is accelerating its Defense & Security platform strategy, integrating advanced laser technologies, defense mobility systems, and electronic-warfare capabilities. The company secured an initial deployment order for a portable directed-energy laser dazzler system from a major Asia-Pacific defense market, validating the strategic relevance of its technology. Lyocon, a subsidiary of NUBURU, is developing a next-generation blue-laser architecture designed to exceed 500W, expanding the performance envelope and commercial applicability of its laser systems. NUBURU is also advancing the regulatory pathway for its proposed strategic transaction involving Tekne S.p.A., an Italian defense engineering company, and preparing for the related Golden Power submission.

•5mo ago