NUBURU Unveils Strategic Initiative to Revitalize Blue-Laser Business Unit with New Applications in Defense Sector
Reinforcing Commitment to Innovation and Growth through Strategic Partnerships and Cutting-Edge Technology
In alignment with the Joint-Pursuit Agreement recently signed with a defense-tech company, NUBURU aims to deploy vertical applications that synergize with the defense industry. These applications, together with other few additional verticals which the Company will be focussed on, will facilitate cross-selling and up-selling strategies, harnessing NUBURU’s existing expertise and extensive network of distributors and clients who have conducted initial pilot projects using blue laser technology.
“NUBURU is embarking on an exciting journey to strengthen and expand our Blue-Laser Business Unit,” said
To ensure the success of this initiative, the Company is currently in advanced discussions to engage a senior expert specializing in revenue generation and marketing strategies to develop a robust go-to-market model. This will also allow NUBURU to facilitate a collaboration with the defense-tech company's client portfolio and leverage the partnership with
As part of this revitalization plan, NUBURU is in the process of establishing a new state-of-the-art facility encompassing a warehouse, laboratories, and office space. This facility will serve as the operational hub for the Blue-Laser BU, marking a new chapter in NUBURU’s growth trajectory. The company has already identified a first suitable location and is planning for a seamless migration.
NUBURU remains dedicated to delivering innovative solutions tailored to the dynamic needs of its clients, ensuring it remains at the forefront of technological advancements in laser applications.
About NUBURU
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. 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," "seek," "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 the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company’s acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the
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