NUBURU Expands Automotive Manufacturing Offering with Wire Welding Solutions, Enabling High Yield Needed for Mass Production
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The adoption of NUBURU's BlueScan solution by a global leader in coil and motor production represents a significant technological shift within the manufacturing sector. This transition from traditional arc welding to blue laser wire welding is noteworthy, as it suggests a potential increase in production efficiency and quality. The BlueScan technology, particularly the BL-250 laser, offers a faster welding process with reduced post-welding processing, which could lead to cost savings and improved throughput for the customer.
From a manufacturing technology perspective, the integration of this solution into R&D labs indicates a forward-looking approach to production, likely resulting in a competitive advantage. The absence of porosity and spatter, commonly associated with arc welding, enhances the end product's integrity, which is critical in automotive applications where reliability is paramount. If NUBURU's solution can be scaled effectively, it could set a new industry standard, potentially disrupting the traditional welding market.
NUBURU's announcement of securing a purchase order from a prominent player in the coils and motors industry could have favorable implications for the company's financial performance. The shift to advanced welding technology may not only streamline the customer's manufacturing processes but also reflects positively on NUBURU's market positioning and technological prowess. Investors should monitor the company's ability to execute and deliver on this order, as it could lead to further adoption of their technology across the industry.
Moreover, successful validation in the R&D phase could result in additional orders and partnerships, thereby enhancing revenue streams. It's also important to consider the scalability of NUBURU's solution and whether it can maintain high yields in mass production settings. Long-term, this technological advancement could drive industry-wide changes, potentially leading to increased market share and a stronger competitive edge for NUBURU.
The implementation of blue laser wire welding technology in the production of electric motors signifies a pivotal development in the industrial sector. The BlueScan solution's ability to improve production speed and yield without the drawbacks of traditional welding methods aligns with the growing demand for efficiency and quality in manufacturing electric vehicle components. This could catalyze further innovation and adoption of advanced manufacturing technologies across the sector.
As electric vehicles gain market traction, the need for reliable and efficient production of their components becomes increasingly critical. NUBURU's technology may offer a solution to these challenges, potentially influencing the supply chain dynamics for electric motor manufacturing. Industry stakeholders should evaluate the long-term implications of such technological integrations, as they could reshape manufacturing standards and practices, particularly in the automotive industry.
Secures Purchase Order for BlueScan Solution from a Worldwide Leader in Coils and Motors Production, Replacing Traditional Arc Welding with Next-Gen Blue Laser Wire Welding
Historically, arc welding is used for this application, but is limited by production speed as well as frequently required post-welding processing. By comparison, the BlueScan solution enables wire to post welding without porosity or the spatter associated with arc welding or infrared fiber lasers. NUBURU’s solution is faster and enables the high yield needed for mass production.
Brian Knaley, CEO of NUBURU, commented: “While we continue expanding our product offering to more high growth industries and applications, I’m excited about the extension of our BL-250 laser system within the E-mobility market, as it represents one of the largest and fastest growing serviceable addressable market for NUBURU.”
The order is a natural extension of the Company’s advancement into next-generation computers, consumer electronics and communication (3C) device manufacturing and marks a significant expansion in offering to the growing EV automotive industry.
In adherence to strict confidentiality agreements, we cannot disclose the name of the prestigious company we have received the purchase order from. Our commitment to not disclose specifics underscores our dedication to maintaining the trust and confidentiality that are paramount to our partnerships.
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please 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, including relating to its partnership with GE Additive. 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. Forward-looking statements in this press release include, among other things: anticipated benefits associated with laser-based additive manufacturing. 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 NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the security exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated, whether from Lincoln Park Capital Fund, LLC or other sources; (4) the inability to recognize the anticipated benefits of the business combination, 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; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
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Investor Relations:
Cody Slach & Ralf Esper
Gateway Group, Inc.
BURU@gateway-grp.com
(949) 574-3860
Media Relations:
Zach Kadletz & Anna Rutter
Gateway Group, Inc.
BURU@gateway-grp.com
(949) 574-3860
Source: NUBURU, Inc.
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