NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch
Joint venture immediately tasked with
Initial minority stake serves as foundation for path to controlling interest in
Through its new subsidiary, Nuburu Defense, the Company secured an initial equity stake equal to the maximum interest permitted under current Golden Power regulatory thresholds (3%) and agreed to an action plan that, by utilizing the Luxembourg investment vehicle TCEI, will pave the way to a controlling interest in
This step serves as the foundation for the launch of a
-
Deliver an initial USD
$7.5 million backlog ofTekne special vehicle contracts outsideItaly , while managing sales to non-Italian clients across Tekne’s pipeline. -
Manufacture, assemble, and market Tekne’s proven product lines for the
Americas . - Develop new defense-tech solutions, integrating Tekne’s licenses with NUBURU’s blue-laser platform to create proprietary IP for allied markets.
“This joint venture transforms the phased acquisition plan into a revenue-generating reality,” said
As part of the broader phased plan, the binding agreement signed between the Company and Tekne’s shareholders — which provides for Nuburu Defense’s path from minority stake to an eventual 70% controlling interest in
A renewed Golden Power notification will be filed to progress to majority ownership in compliance with Italian requirements.
To bolster execution, NUBURU has engaged
Together, these steps advance NUBURU’s Defense & Security Hub strategy — uniting Tekne’s deployed Tactical Bubble systems and defense vehicle expertise with NUBURU’s blue-laser technology and its confirmed upcoming acquisition of the Software as a Service startup focused on operational resilience, which allows for an expanded offering from Nuburu Defense.
Further updates will follow as NUBURU continues to execute the phased plan and expand its defense and security footprint.
About NUBURU
Founded in 2015,
For more information, visit www.nuburu.net.
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. 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 security 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 strategy; (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; and (9) other risks detailed in the Company’s
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250821269269/en/
NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
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