BURU News & Events

NUBURU announced a further acceleration of its joint venture with Maddox Defense, with the program now advancing into the production phase of its first Mobile Additive Manufacturing Container platform, designed for the production of drones, mission-critical pods, and related defense components. This milestone marks the transition from infrastructure activation and system integration into a funded prototype build phase, with secured initial capital and structured funding supporting progression toward prototype completion and near-term deployment readiness. The update builds on the Company's previously announced Phase I activation and ongoing U.S. execution activities in Houston, Texas. The Maddox JV program has received initial capital to support execution and has progressed into the next operational phase, including procurement, system integration, and container buildout activities. The program is funded for the current execution phase, with secured initial capital and structured funding supporting progression toward prototype completion, enabling: Assembly and validation of additive manufacturing systems; Integration of power, environmental, and digital production infrastructure; Completion of the containerized manufacturing unit; End-to-end operational testing and deployment readiness. The platform is engineered to support modular production of unmanned aerial systems, payload pods, and mission-critical components, enabling flexible deployment across multiple defense and security use cases. The program continues to target an approximately 6-9 month deployment timeline, positioning the Company for near-term demonstration and engagement with U.S. defense stakeholders

The company said, "NUBURU provides a corporate update to highlight that the Company is actively and successfully executing on and monetizing its business and growth strategy, which includes: initial revenue traction, supported by early billings, secured orders and commercial deployment; and increasing visibility on revenue growth and scaling from expanding and converting our attractive commercial pipeline into contracted revenue across multiple core business verticals within our integrated Defense and Security Platform. Management remains confident that this reflects a transition to repeatable commercial deployment and scalable revenue generation throughout 2026 and over the longer term and to create significant value for our shareholders and wider stakeholders...Through its participation in the Tekne network contract framework, NUBURU has generated approximately US$300,000 in billings, primarily through management and service-related activities. The Company is also participating in an active defense program in Ukraine in partnership with Engineering Bureau 'BERYL', where Phase 1 has been activated within a revenue range projected at between $5.75M to $11.5M, centered on the deployment of the GRAELION platform configured for military applications. NUBURU participates in the program through a structured economic and governance framework that includes pricing and margin participation, capital coordination, and potential integration of higher-margin non-kinetic and software subsystems. As a key strategic catalyst, NUBURU has signed a binding agreement to acquire a controlling 70% interest in Tekne, with submission for authorization under the Italian Golden Power regulatory framework expected by the end of April 2026. Tekne is targeting approximately $57.5M in revenue in 2026...Within its software business vertical, Orbit has generated approximately $80,000 in billings year-to-date, reflecting the typical seasonality of large enterprise and regulated-sector customers, where budget approvals and procurement cycles are concentrated in the second and third quarters. Consistent with this dynamic, Orbit is advancing approximately $3.9M in pipeline opportunities across enterprise and mission-critical environments, including approximately $790,000 linked to active requests for proposal. NUBURU currently holds approximately 22.7% equity interest in Orbit, with governance rights supporting operational alignment. Following recent shareholder approval authorizing share issuance, the Company expects to complete the acquisition of 100% of Orbit by this year-end...NUBURU expects to continue converting and expanding its attractive commercial pipeline into contracted revenue, advancing the Tekne transaction, scaling Lyocon deployments, expanding Orbit recurring revenues, and progressing toward achieving positive shareholders' equity in Q2 2026."

In a letter to shareholders, CO-CEO Alessandro Zamboni said, in part, "With the filing of our 2025 Form 10-K, we want to clearly articulate what the financials reflect-and, importantly, what they do not yet capture. The 10-K captures NUBURU as it was for the financial year ended 31 December 2025. Since the financial year end, NUBURU has successfully executed its restructuring, refinancing and key strategic initiatives and investments. These have helped to ensure that NUBURU is well-positioned to continue to further strengthen the business, to advance revenue generation, growth and scalability throughout 2026 and over the longer term, and to create significant value for our shareholders and wider stakeholders. NUBURU is successfully delivering on its business and growth strategy as a dual-use Defense and Security integrated platform company focused on non-kinetic and directed-energy defense technologies and products, electronic warfare and AI-driven command orchestrated software that also address mission-critical infrastructure across regulated sectors. We have transitioned to executing on our business and growth strategy...Key near-term catalysts include continued execution across revenue-generating programs, progress on the Tekne transaction, and achievement of an equity-positive balance sheet. As a significant shareholder, I remain fully aligned with our investors, as do the management team and the Board. The Board believes that the current share price does not reflect the progress achieved to date, nor the operating and financial value expected to be generated over the remainder of 2026 and beyond. We expect to provide the market with additional updates regarding positive strategic initiatives and operational developments in the weeks and months ahead. We are confident that NUBURU will continue to deliver successfully on its business and growth strategy to further strengthen the business, to advance revenue generation, growth and scalability throughout 2026 and over the longer term, and to create significant value for our shareholders and wider stakeholders."

NUBURU announced that its wholly owned subsidiary, Lyocon has secured an initial deployment order for its portable directed-energy laser dazzler system for counter-drone defense applications from a tier-one government-owned defense electronics organization operating within a centralized government procurement framework in a major Asia-Pacific defense market. The Customer organization is a government-controlled defense electronics and systems integrator operating at the core of national defense infrastructure. Following a structured multi-phase validation and operational evaluation process - including prototype trials, production-level testing, and technical performance verification - the engagement has progressed into initial operational deployment, marking the Company's transition from system validation to early-stage field deployment within a government-led defense environment. The Company has secured an initial deployment order valued at approximately $250,000. In parallel with the initial deployment, the Company and the Customer are engaged in ongoing discussions regarding a potential second-phase program expected to include: Lower-power system configurations; Expanded operational deployment scenarios; Broader production scope across additional units. The Company estimates that this potential Phase 2 opportunity could range between approximately $575,000 and $800,000, subject to further technical validation, evolving operational requirements, and formal contractual agreements. Subject to successful execution of the initial deployment, a follow-on program could be formalized within 2026, with deliveries anticipated in 2027.