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Nuburu, Inc. - $BURU STOCK NEWS

Welcome to our dedicated page for Nuburu news (Ticker: $BURU), a resource for investors and traders seeking the latest updates and insights on Nuburu stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nuburu's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nuburu's position in the market.

News
NUBURU Announces a Second Contract With NASA for Next-Generation Blue Laser Space Technology
Rhea-AI Summary

NUBURU, Inc. announced a $850,000 Phase II contract with NASA to advance blue laser power transmission technology, aiming to reduce the size and weight of equipment for Lunar and Martian applications. The technology provides a unique solution to power beaming, aligning with NASA's Artemis program goals. NUBURU aims to scale up the power and range of the blue laser technology in this program, potentially revolutionizing power management in space and commercial sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.48%
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none
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News
NUBURU Announces a $3 Million Dollar Capital Infusion by Strategic Investors and New Customer Orders
Rhea-AI Summary
NUBURU, Inc. (BURU) secures a $3 million investment in common stock from strategic investors, along with new purchase orders from customers in emerging markets. CEO Brian Knaley anticipates the investment to expedite revenue generation and enhance market presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.54%
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none
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News
NUBURU Announces Evaluation of Strategic Alternatives
Rhea-AI Summary
NUBURU, Inc. has engaged Northland Capital Markets as its financial advisor to evaluate strategic alternatives, including sale, merger, divestiture, recapitalization, going private transaction, additional financing, and other significant transactions. The company has not set a timetable for the conclusion of its evaluation and has not made any decisions related to strategic alternatives at this time. There is no assurance that this evaluation will result in any definitive documentation to consummate transactions, or that the terms of any such transactions will be favorable. The company does not expect to comment further on this evaluation unless it has approved a specific course of action or has concluded that further disclosure is appropriate or legally required.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
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none
News
NUBURU Announces Notice of Noncompliance with NYSE American Listing Standards
Rhea-AI Summary
NUBURU, Inc. (BURU) received a deficiency letter from the NYSE American indicating non-compliance with listing standards due to low share price, requiring sustained improvement by June 28, 2024. The company may consider a reverse stock split to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
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none
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News
NUBURU Expands Automotive Manufacturing Offering with Wire Welding Solutions, Enabling High Yield Needed for Mass Production
Rhea-AI Summary
NUBURU, Inc. (BURU) Receives Purchase Order for BlueScan Solution, Replacing Traditional Arc Welding with Next-Gen Blue Laser Wire Welding
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.68%
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none
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News
NUBURU Awarded Purchase Order from Major Multinational Electronics Manufacturer
Rhea-AI Summary
NUBURU, Inc. (NYSE American: BURU) has been awarded a purchase order from a multinational electronics manufacturer to supply a BL-250 for next-generation 3C device manufacturing. The company's blue laser technology will be utilized to demonstrate the integration of laser welding capabilities as an alternative to conventional soldering techniques, aiming to increase scalability, durability, and sustainability in manufacturing. CEO Brian Knaley expressed excitement for the market adoption of their BL product line, addressing the increasing demand for innovative capabilities and green manufacturing alternatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.74%
Tags
none
News
NUBURU Announces $5.5 Million Bridge Financing
Rhea-AI Summary
NUBURU, Inc. (NYSE American: BURU) has secured a $5.5 million bridge loan from existing and new investors to finance the company until it secures long-term credit financing. The loan is secured by the company's patent portfolio, preliminarily valued at $100 million. The company also plans to issue warrants and register the common stock underlying the warrants by February 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.74%
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none
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News
NUBURU, Inc. Announces Third Quarter 2023 Results and Operational Updates
Rhea-AI Summary
BURU - NUBURU, Inc. Announces Successful Completion of U.S. Air Force Contract and Purchase Order from Major Multinational Electronics Manufacturer, Appoints New CEO and Executive Chairman, and Revises 2023 Financial Outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-43.94%
Tags
earnings
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News
NUBURU Successfully Completes Contract Awarded by U.S. Air Force
Rhea-AI Summary
NYSE American: BURU - NUBURU, Inc. announces successful demonstration of blue laser-based 3D printing solutions with area printing technology, marking a milestone in the development of scalable manufacturing systems. Supported by GE Additive, the company also signed a joint development agreement to accelerate print engine technology for improved speed and accuracy in laser-based additive manufacturing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
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none
News
NUBURU Appoints Brian Knaley as new CEO
Rhea-AI Summary
NUBURU, Inc. has announced the appointment of Brian Knaley as the new Chief Executive Officer, replacing Dr. Mark Zediker. Knaley, who previously served as the Company's Chief Financial Officer, brings over 25 years of experience in finance and operations. The Board is confident that Knaley's expertise will support the Company's transformation and drive its next phase of growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.8%
Tags
management
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Nuburu, Inc.

NYSE:BURU

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BURU Stock Data

6.24M
16.04M
68.9%
1.29%
0.5%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
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United States of America
CENTENNIAL

About BURU

nuburu® is leading the transformation to a world of high-speed, high quality metal machining and processing using a first-to-market class of high-power, high-performance blue lasers. nuburu® blue laser technology breaks new ground—available as either a standard ao™ laser or high-brightness misaki™ laser—by enabling radical gains in speed and quality in existing metal processes, as well as also unlocking a path to new designs for both conventional laser-metal machining and additive manufacturing (3d printing). spatter-free copper welding enables a large number of new applications not addressable with infrared lasers.