Nuburu, Inc. reports developments as a dual-use Defense & Security platform company focused on non-kinetic effects, directed-energy technologies, electronic warfare and software-orchestrated defense systems. Company news centers on the integration of Lyocon blue-laser technology, portable directed-energy laser dazzler systems for counter-drone applications, and the expansion of defense, security and critical-infrastructure capabilities through Nuburu Defense.
Recurring updates also cover mobile additive manufacturing for drones, payload pods and mission-critical defense components; government and international defense market activity; material agreements; shareholder voting matters; capital-structure actions; governance changes; and operating and financial results.
NUBURU (BURU) completed its acquisition of a 70% controlling interest in Tekne through NUBURU Defense, adding defense manufacturing capabilities. The additional 67.1% stake costs €5.2 million, with €1.2 million paid at signing and €4 million deferred through March 2027. The cash earn-out is capped at €20 million, based on 5% of annual U.S. GAAP revenues for 2027–2036, with a €2 million annual minimum and payments beginning in 2028. No shares will fund the earn-out.
Approximately €29.7 million of shareholder loans and other receivables were waived into permanent Tekne equity. Tekne's September 14, 2026 schedule records approximately $93.1 million in remaining program value: a preliminary, unaudited measure, not signed closing-date backlog or a revenue forecast. Some entries require options, frameworks or activation. Separately, a $1.74 million note for the initial 2.9% stake will convert into 34,870 common shares.
NUBURU (BURU) is targeting October 15, 2026 for the notarial meeting on its proposed acquisition of a 70% controlling interest in Tekne.
Italian Government Golden Power authorization was granted August 5, 2026, and NUBURU Defense Italy, the acquisition vehicle, has been incorporated. Completion remains subject to corporate approvals, notarial formalities, final documentation and compliance with authorization conditions. The meeting target replaces the previously announced first-week-of-October timetable.
Tekne has approximately 185 personnel. Its management reported approximately $135.4 million in preliminary, unaudited net remaining order value, covering 100% of Tekne. This is not U.S. GAAP revenue, funded backlog or financial guidance. Realization depends on production, delivery, customer acceptance and collection; orders may be modified, delayed or cancelled. NUBURU will announce completion upon closing.
NUBURU (BURU) launched Site Dome and submitted its first proposal, worth approximately US$0.7 million over three years, to an aerospace and defense manufacturer. The single-site proposal includes approximately US$0.2 million in potential annual recurring service fees, subject to agreement and deployment. It is not an awarded contract or contracted annual recurring revenue. Site Dome combines remotely supervised drone surveillance with Orbit operational-resilience software.
NUBURU also incorporated NUBURU Defense Italy, a fully controlled subsidiary of NUBURU Defense, to hold and manage its controlling interest in Tekne after the planned acquisition closes. Italian Government Golden Power authorization was granted in August 2026; completion still requires remaining closing steps and compliance with its conditions. The company intends the Italian entity to package and commercialize bundled offerings.
NUBURU (BURU) has secured all funds needed to close its 70% acquisition of Tekne, targeting completion in early October 2026.
The Italian Government granted Golden Power authorization on 5 August 2026, and remaining steps include forming Nuburu Defense Italy, Tekne’s capital increase approval and notarial formalities. Proceeds from a completed public offering have been applied to the deal, and NUBURU has already provided EUR 7 million of Tekne’s EUR 9 million closing funding requirement, stating that no additional capital raise is required to close. Tekne management reports approximately $135.4 million net remaining order value after excluding about $12.6 million of elevated cancellation‑risk orders from $148.0 million of active orders; this unaudited measure is not U.S. GAAP revenue and realization depends on production, delivery, acceptance and collection. General Pietro Serino is slated to become Tekne Chairman, and NUBURU plans a Washington‑area demo facility and broader U.S., NATO and allied‑market expansion.
NUBURU (BURU) received its first pilot order for a 1W laser dazzler system from a tier-one, government-owned defense electronics and systems integrator in a major Asia-Pacific market. The order supports customer evaluation of the system for law enforcement, public security and protective missions and could lead to a non-binding follow-on program of up to 500 additional units.
The 1W configuration is designed for close-range visual warning and deterrence, and may be applied to counter‑UAS optical interference, subject to safety testing, certification, customer qualification and jurisdictional approvals. The pilot is not expected to be financially material, but based on indicative pricing, 500 units could exceed US$1.6 million in hardware value. The same customer previously placed an approximately US$250,000 order for a 7W dazzler in March 2026.
Recent corporate milestones include a US$38.0 million public offering, repayment of US$16.75 million in principal obligations, stockholders’ equity of US$9.37 million at June 30, 2026 after a US$15.18 million deficit at year‑end 2025, Italian Golden Power authorization for a proposed 70% Tekne acquisition, and resumption of trading on NYSE American on September 14, 2026.
NUBURU (BURU) resumed trading on NYSE American and detailed its financial position, capital actions and the planned 70% acquisition of Italian defense and security manufacturer Tekne.
In July, a $38.0 million public offering funded full repayment of approximately $15.5 million of December 2025 YA debentures and $1.25 million of Lyocon acquisition notes, eliminating about $16.75 million of principal obligations, while preferred stock and warrants from the offering remain potential dilution sources. At June 30, 2026, assets were $68.36 million versus $49.82 million at December 31, 2025, and stockholders’ equity was positive $9.37 million versus a $15.18 million deficit, exceeding the $4.0 million NYSE American threshold.
The proposed Tekne deal would add about 185 personnel and an unaudited net remaining order value of approximately $135.4 million after adjustments, with closing targeted for the first half of October following August 5 Golden Power authorization.
NUBURU (BURU) announced a correction to the CUSIP number associated with its previously disclosed 1-for-40 reverse stock split of common stock.
The earlier August 31, 2026 press release contained an incorrect identifier. The correct post-split CUSIP for the company’s common stock is 67021W509.
NUBURU (BURU) implemented a 1-for-40 reverse stock split effective at 4:30 p.m. Eastern Time on September 1, 2026, and its common stock is expected to begin split-adjusted trading on the OTC Pink Market under the temporary symbol BURUD on September 2, 2026.
The “D” suffix is expected to remain for 20 business days before reverting to “BURU.” The reverse split is described as a mechanical change undertaken to address price-related considerations in NUBURU’s pending NYSE American appeal and does not itself alter proportional ownership or create economic value. NUBURU’s stock remains listed on NYSE American, but trading there is suspended pending the outcome of the appeal, with no assurance of resumption.
NUBURU is progressing toward acquiring a 70% controlling interest in Tekne S.p.A., targeting closing in the first half of October 2026, subject to remaining conditions, after Italian Golden Power authorization on August 5, 2026. Tekne management’s preliminary, unaudited review indicated approximately $135.4 million in adjusted active remaining order value for 100% of Tekne, which is not GAAP, revenue, guidance or guaranteed cash but is presented as an operating benchmark. NUBURU plans to use Tekne and NUBURU Defense Italy as part of a unified dual-use Defense & Security platform and highlights execution on contracts, revenue, cash and capital discipline as key shareholder yardsticks.
NUBURU (OTC Pink: BURU) reported further progress toward closing its proposed acquisition of a 70% controlling interest in Tekne S.p.A., now expected to complete in the first half of October 2026, following Italian Golden Power authorization on August 5, 2026 and ongoing corporate, governance and NUBURU Defense Italy S.r.l. setup work.
According to NUBURU, Tekne management’s preliminary, unaudited portfolio review identified about $148.0 million in remaining value under active orders and approximately $135.4 million in adjusted active remaining order value after excluding roughly $12.6 million with elevated cancellation risk. NUBURU also outlined its multi-layer Defense & Security platform roadmap, including Orbit, Lyocon, Tekne and Maddox Defense, plus the creation of NUBURU Defense Italy, recruitment of a Chief Platform Officer and a planned Platform Integration and Software Factory to orchestrate technology integration and mission-package productization.
NUBURU (OTC Pink: BURU) approved a 1-for-40 reverse stock split of its common stock, expected to become effective at 4:30 p.m. ET on September 1, 2026, with split‑adjusted trading on the OTC Pink Market beginning September 2, 2026 under temporary symbol BURUD for 20 business days.
The split will reduce issued and outstanding shares from about 370.5 million to about 9.26 million, with no fractional shares issued and no change to par value or authorized share counts. NUBURU aims to raise its per‑share price to address NYSE American’s low‑selling‑price rules and support its pending appeal of the July 2026 trading suspension and delisting proceedings, though any resumption of NYSE American trading remains subject to exchange authorization and is not assured.