Nuburu Signs Investment Agreement with SunCubes for €1.0M
Nuburu signed a binding head of terms with SunCubes, an Italian developer of laser-based wireless power transmission, beam-control, pointing, tracking and safety technologies. Nuburu intends to implement the definitive investment and industrial cooperation through Lyocon, its Italian laser-engineering and manufacturing subsidiary. Lyocon is intended to act as the laser factory and photonics center of excellence of the Nuburu group. Under the agreement, Nuburu intends to make a staged strategic investment of up to EUR1.0M in SunCubes. The contemplated investment is structured as advance payments toward a future SunCubes capital increase, consisting of an initial EUR250K advance payment upon execution of definitive agreements and an additional EUR750K advance payment following receipt of applicable Golden Power and export-control clearances. The planned Lyocon-led alliance is designed to create a new Laser Arm capability within the Nuburu Defense & Security Platform. The business objective is to combine Lyocon's laser-source technologies, laser manufacturing and photonics integration capabilities with SunCubes' beam-control, tracking, and optical power-beaming technologies. The partnership introduces pioneering laser power-beaming applications, including an in-air drone recharging technology designed to enable continuous flight operations for long-endurance missions, and a remote wireless charging system for surveillance equipment in off-grid critical infrastructure and advanced military positions. Furthermore, the joint initiative will deliver a laser-based communication system capable of securing real-time data transmission directly from the operational field.