Nuburu Stock Price, News & Analysis

NUBURU, a leading innovator in high-power and high-brightness industrial blue laser technology, has announced the termination of its Equity Line of Credit (ELOC) with Lincoln Park. The company is transitioning to a new ELOC with Liqueous, which was previously announced on October 7th, 2024. NUBURU, trading under the symbol BURU on the NYSE American, believes that the Liqueous ELOC will support its path to commercialization. This strategic financial move demonstrates NUBURU's focus on securing funding to advance its innovative laser technology towards market readiness.

NUBURU, Inc. (NYSE American: BURU), a leader in high-power industrial blue laser technology, has secured a $65 million funding program to accelerate commercialization. The program includes a $15 million direct investment and a $50 million equity line of credit. Key components of the deal with Liqueous LP include:

1. An immediate $3 million capital infusion at current market price
2. Weekly infusions of $1.25 million until an additional $10 million is invested
3. Acquisition and conversion of outstanding notes
4. Adjustment of pre-funded warrants worth $2.2 million
5. Implementation of a $50 million equity line of credit

NUBURU's technology is protected by 233 patents and has applications in both public and private sectors, with strategic partnerships including NASA and the U.S. Air Force. This funding aims to support long-term, sustainable growth and advance the company's IP portfolio.

NUBURU, a leading innovator in high-power industrial blue laser technology, has announced the air dates for a multi-part TV series featuring an interview with CEO Brian Knaley on FMW Media's "New to The Street" business TV show. The initial interview will air on Fox Business Network on October 7 at 10:30 p.m. PT and on Bloomberg TV on October 12 at 6:30 p.m. ET.

In the interview, Knaley discusses NUBURU's Blue Laser technology, which is up to 8x faster than traditional infrared lasers, providing a significant advantage in manufacturing metals like copper, gold, and aluminum. He also highlights NUBURU's activity in key markets including E-Mobility, consumer electronics, healthcare, energy, and defense. A second upcoming interview is planned at the New York Stock Exchange in the coming weeks.

NUBURU, a leader in industrial blue laser technology, has partnered with Ohio State University's Center for Design and Manufacturing Excellence (CDME). NUBURU's BlueScan solution, including a BL-250 laser, scanner, and optics, will be installed in CDME's powder bed fusion system. This collaboration aims to showcase the advantages of blue lasers in additive manufacturing, enabling direct comparisons with existing techniques.

The partnership comes as the global additive manufacturing market is expected to grow from $21.58 billion in 2024 to $110.13 billion by 2033, with a CAGR of 19.85%. This growth is driven by advancements in 3D printing technologies, innovative materials, government initiatives, and R&D projects. The installation at CDME will allow for contract development and exploration of new material innovations using NUBURU's blue laser technology.

NUBURU (NYSE American: BURU), a leader in industrial blue laser technology, has partnered with Lasers4NetZero for a 42-month program aimed at advancing sustainable practices in e-vehicle manufacturing. The collaboration focuses on training doctoral candidates in laser material processing, AI for quality control, process simulation, and sustainability analysis.

NUBURU will provide Blue Lasers to the WMG facility at the University of Warwick, building on their previous success. The initiative aims to reduce CO2 emissions in transportation by enhancing efficiency and product quality through advanced laser technologies and scanning optics.

The global industrial laser systems market, valued at $19.64 billion in 2022, is projected to reach $40.4 billion by 2032. The Industrial Lasers Market is expected to grow from $6.06 billion in 2024 to $7.76 billion by 2029, with a 5.10% CAGR. This partnership positions NUBURU to capitalize on the growing market while driving sustainable technology advancements.

NUBURU, Inc. (OTC: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, has announced that NYSE American has resolved the company's continued listing deficiency related to low selling price. As a result, NYSE Regulation has withdrawn its delisting determination and will lift the trading suspension on NUBURU's common stock. Trading will resume on NYSE American on Friday, August 2, 2024, under the symbol 'BURU' and CUSIP '67021W301'. This development marks a significant turnaround for NUBURU, addressing concerns about its listing status and potentially improving its market visibility and liquidity.

NUBURU (OTC: BURU), a leader in high-power industrial blue laser technology, has announced a strategic marketing partnership with NexGenAI Solutions Group. This collaboration aims to enhance NUBURU's marketing efforts using advanced AI and proprietary tools to drive commercial growth and market penetration.

NexGenAI's expertise in AI-driven marketing solutions will provide NUBURU with deep market insights and enable targeted campaigns. The partnership is expected to streamline NUBURU's marketing processes and improve customer engagement in key markets.

Brian Knaley, CEO of NUBURU, expressed excitement about the collaboration, emphasizing the importance of AI-driven solutions in identifying and connecting with customers. Anshuman Dash, President of NexGenAI, affirmed their commitment to supporting NUBURU's marketing initiatives and achieving significant market impact.

NUBURU, Inc. (OTC: BURU), a leader in high-power industrial blue laser technology, has announced a revised date for its 1-for-40 reverse stock split. The new record date is set for July 23, 2024, with trading on a split-adjusted basis expected to begin on July 24, 2024. CEO Brian Knaley stated that this strategic move aims to pursue resuming trading on NYSE and attract larger investors. The company's stock will continue trading under the symbol 'BURU' but will be assigned a new CUSIP number. However, NUBURU cautions that there's no guarantee of sustained stock price increase or successful relisting on NYSE American.

NUBURU (OTC: BURU), a leading innovator in high-power, high-brightness industrial blue laser technology, has announced a multi-part TV series featuring CEO Brian Knaley on FMW Media’s “New To The Street” business TV show. The initial interview will air on July 3, covering topics like NUBURU’s value proposition, strategic reverse split, recent commercial traction, debt reduction, and contracts with NASA. This initiative aims to enhance communication with investors and support the company's growth strategy. The series will be broadcast on major networks including Fox Business, Bloomberg TV, and Newsmax TV.