NUBURU Highlights Completed TEKNE Acquisition and Execution Priorities Ahead of NYSE American Equity Compliance Deadline
NUBURU completed its acquisition of a 70% controlling interest in Italian defense manufacturer TEKNE S.p.A. on October 15, 2026, adding roughly 185 personnel across three facilities and capabilities in specialized vehicles, defense mobility and electronic warfare. The company reported approximately $96.8 million of remaining order and program value in TEKNE's September schedule, but cautions this is a preliminary, unaudited measure including conditional items — not validated signed backlog or a revenue forecast.
Key figures
- Deal Value Usd
- 0
- Debt repaid
- $16.75 million
- Tekne personnel
- 185
- Equity threshold
- $4.0 million
- Tekne facilities
- 3
- Acquisition stake
- 70% controlling interest
- Compliance deadline
- 2026-10-29
- Stockholders equity jun 2026
- $10.13 million
- Remaining order program value
- $96.8 million
- Stockholders deficit dec 2025
- -$15.18 million
AI analysis
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